Monday, August 19, 2019

Irving, Texas-Based Kimberly-Clark Corp's Top-Tier Executives Average Pay Raise Was a Reasonable 5.8% Per Year During the Past Ten Years (2009-2018)

The third Democratic 2020 Presidential candidate televised debate will be held in Houston, Texas on September 12 and 13, 2019.  Texas is also the home state of Julian Castro and Beto O'Rourke, who have both gained significant momentum in the past month.

The key issue to Texas citizens should be the huge and continuing Income Inequality Expansion which is at the core of many critical problems the US faces.

Thus I will be doing research and making posts on the average pay raise per year that the Top-Tier Executives of Texas Companies were rewarded with in the past ten years.  And I'll start with the large Texas Non-Oil & Gas Companies. 

The fifth Texas Non-Oil & Gas Company I am addressing here is Kimberly-Clark Corp.  

From annual compensation information contained in Company Proxy Statement filings with the SEC, the chart at the bottom below shows Kimberly-Clark's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the past ten years (2009-2018). 

Kimberly-Clark's Top-Tier Executives Average Pay Raise was a reasonable 5.8
% per year for the past ten years.


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Kimberly-Clark 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Falk CEO     13,010     16,210     16,210     15,682     15,682     12,160     12,160     15,395     15,395     11,914
Hsu President and COO       6,813       5,555       5,555       4,426       4,426       4,009       4,009       3,388       3,388       2,939
Henry CFO       4,667       4,370       4,370       3,990  N/A   N/A                 
Palmer President Global Brands       2,780       2,771       2,771       3,536       3,536       2,610       2,610       2,608       2,608       2,510
Allgaier Former President North America  N/A   N/A         
Stock Former President International       4,277       3,896       3,896       3,417  N/A   N/A 
Buthman Former CFO       3,880       4,352       4,352       3,433
Abernathy Former Pres Global HC          N/A   N/A 
 Totals      27,270     28,906     28,906     27,634     27,921     22,675     26,555     29,160     25,743     20,796
Annual % Change vs Prior Year -5.7% 4.6% 23.1% -8.9% 23.8%
5 Year Average Per Year % Change 7.4%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Kimberly-Clark 2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Falk CEO     11,914     13,715     13,715     11,882     11,882     10,582     10,582     11,387     11,387     10,176
Hsu President and COO  N/A   N/A     
Palmer President Global Brands       2,510       2,752       2,752       1,714       1,714       2,083       2,083       1,897       1,897       1,781
Buthman Former CFO       3,433       3,811       3,811       3,444       3,444       2,909       2,909       3,143       3,143       2,956
Abernathy Former Pres Global HC       3,504       4,408       4,408       3,681       3,681       4,287       4,287       4,228       4,228       3,397
Brickman President North America       3,199       2,391  N/A   N/A 
Black Former President International  N/A   N/A        2,241       2,196       2,196       2,347       2,347       2,458
 Totals      24,560     27,077     24,686     20,721     22,962     22,057     22,057     23,002     23,002     20,768
Annual % Change vs Prior Year -9.3% 19.1% 4.1% -4.1% 10.8%
5 Year Average Per Year % Change 4.1%
10 Year Average Per Year % Change 5.8%