Tuesday, June 25, 2019

Johnson & Johnson Top-Tier US Executives Average Pay Raise Was 11.4% Per Year During the Past Twelve Years (2007-2018)

From SEC Proxy Statement Filings, below are the Johnson & Johnson Top-Tier US Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent twelve years.

Johnson & Johnson is the fourth Dow Industrial Company I researched on Top-Tier Executives Average % Pay Raises Per Year.  Its Average % Pay Raise of 11.4% Per Year is higher than Home Depot's 8.0% but much lower than that of the first two companies I studied ..... Exxon Mobil and Chevron.

I will continue this same research for many other large US Companies to get a better handle on just why the US has such massive continuing Income Inequality Expansion.


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Johnson & Johnson 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013 2013 2012
Top-Tier Total Total Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Alex Gorsky     20,098     29,803     29,803     26,872     26,872     23,796     23,796     24,989     24,989     16,911     16,911     10,977
Paulus Stoffels     10,592     13,581     13,581     12,725     12,725     10,786     10,786     18,339     18,339       7,822       7,822       7,337
Joaquin Duato       9,284     19,359     19,359     10,105  N/A   N/A           N/A 
Dominic Caruso  N/A   N/A      11,736     11,305     11,305       9,689       9,689     10,349     10,349       8,233       8,233       8,010
Sandra Peterson  N/A   N/A      17,176       8,733       8,733       7,626       7,626       7,087       7,087       5,637  N/A   N/A 
Michael Ullmann       5,676       5,961       5,961       4,363  N/A   N/A 
Totals     39,974     62,743     91,655     69,740     59,635     51,897     57,573     66,725     66,725     42,966     32,966     26,324
Annual % Change -36.3% 31.4% 14.9% -13.7% 55.3% 25.2%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Johnson & Johnson 2012 2011 2011 2010 2010 2009 2009 2008 2008 2007 2007 2006
Top-Tier Total Total Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Alex Gorsky     10,977       6,837  N/A   N/A     
Paulus Stoffels  N/A   N/A     
Dominic Caruso       8,010       6,442       6,442       5,632       5,632       5,220       5,220       4,219       4,219       3,141  N/A   N/A 
William Weldon             26,798     28,720     28,720     30,814     30,814     29,127     29,127     28,405     30,641     29,577
Russell Deyo       8,975       8,852       8,852       8,631       8,631       7,982       7,982       8,379       9,064       8,907
Sherilyn McCoy       8,734       7,517       7,517       5,780  N/A   N/A     
Colleen Goggins       7,739       8,317       8,317       7,778       7,778       7,858  N/A   N/A 
Christine Poon     10,402     10,144     10,144       8,170
Totals     18,987     13,279     50,949     50,721     58,460     58,762     52,982     49,106     59,508     57,927     49,849     46,654
Annual % Change 43.0% 0.4% -0.5% 7.9% 2.7% 6.8%
12 Year Avg Per Year % Change 11.4%