Saturday, March 7, 2020

Midland, Michigan and Wilmington, Delaware Dual Headquartered DowDupont Inc Top-Tier Executives Average Pay Raise Was an Off-the-Charts 94.5% Per Year During the Past Two Years (2016-2018)

DowDupont is the Company which reflected the merger of Dow Chemical and Dupont on its books.

From Company Proxy Statement filings with the SEC, below are the DowDupont Inc Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent two years.

There were five former Midland, Michigan-based Dow Chemical Top-Tier Executives who were also considered Top-Tier Executives of this new DowDupont Company.  These five Executives had their Total Compensation increase from $55.5 mil in 2016 to $185.1 mil in 2017, or up an astonishing 233% in just one year.


  FYE FYE FYE FYE
DowDupont 2018 2017 2017 2016
Top-Tier Total Total Total Total
Executive Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s
Edward Breen Chair and CEO  N/A   N/A   N/A   N/A 
Howard Ungerfelder CFO     11,995     29,790     29,790       8,724
James Fitterling COO Materials Science Division       8,471     32,305     32,305     10,095
Marc Doyle COO Specialty Products Division  N/A   N/A 
James Collins Agriculture Division  N/A   N/A   N/A   N/A 
Andrew Liveris Former Executive Chairman     53,676     65,689     65,689     22,963
Charles Kalil General Counsel Materials Science Division     15,550     33,636     33,636       7,032
Joe Harlan Former Dow Executive Officer  N/A   N/A      23,691       6,718
Totals     89,692   161,420   185,111     55,532
Annual % Change vs Prior Year -44.4% 233.3%
       
2 Year Average Per Year % Change   94.5%