Zoetis CEO Juan Alaix's 2018 pay rises 11% to $12M

Zoetis reports 2018 executive compensation

By ExecPay News

Published: April 2, 2019

Zoetis reported fiscal year 2018 executive compensation information on April 2, 2019.
In 2018, five Zoetis executives received on average a compensation package of $5.1M, a 6% increase compared to previous year.
Average pay of disclosed executives at Zoetis
Juan Ramón Alaix, Chief Executive Officer, received $12M in total, which increased by 11% compared to 2017. 46% of Alaix's compensation, or $5.4M, was in stock awards. Alaix also received $2M in non-equity incentive plan, $2.7M in option awards, $1.2M in salary, as well as $322K in other compensation.
For fiscal year 2018, the median employee pay was $75,366 at Zoetis. Therefore, the ratio of Juan Ramón Alaix's pay to the median employee pay was 155 to one.
Clinton A. Lewis, Jr, Executive Vice President and Group President, International Operations, Commercial Development, Global Genetics and Aquatic Health, received a compensation package of $4.6M, which increased by 4% compared to previous year. 37% of the compensation package, or $1.7M, was in other compensation.
Kristin C. Peck, Executive Vice President and Group President, U.S Operations, Business Development and Strategy, earned $3M in 2018, a 1% decrease compared to previous year.
Glenn C. David, Chief Financial Officer, received $3M in 2018, which increases by 8% compared to 2017.
Catherine A. Knupp, Executive Vice President and President of Research and Development, earned $2.9M in 2018, which is about the same as previous year.

Related executives

Juan Alaix

Zoetis

Chief Executive Officer

Glenn David

Zoetis

Chief Financial Officer

Kristin Peck

Zoetis

Chief Executive Officer

Clinton Lewis

Zoetis

Executive Vice President and Group President, International Operations, Commercial Development, Global Genetics, Aquatic Health and Human Medical Diagnostics

Catherine Knupp

Zoetis

EVP, President of Research and Development

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Source: SEC filing on April 2, 2019.