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. Louis C. Camilleri: $24.7 million
TIE
- Company: Philip Morris International (PM)
- Cash compensation: $9.7 million
- Stock and options: $15 million
- Change in total pay (1 year): 23%
Source: Equilar Inc.
Mr. Camilleri will step down as CEO May 8, 2013. He will remain as chairman.
Total compensation is calculated as the sum of base salary, discretionary and performance-based cash bonuses, the grant-date fair value for stock and option awards during the fiscal year, and other compensation like benefits and perks. Total stock return represents the total shareholder return for their company's stock over the fiscal year. It includes dividends and accounts for stock splits. Equilar, an executive compensation research firm, looked at CEOs at public U.S. companies with at least $5 billion in revenues. Pay data based on companies' fiscal year end of Dec. 2012 unless otherwise noted.
Total compensation is calculated as the sum of base salary, discretionary and performance-based cash bonuses, the grant-date fair value for stock and option awards during the fiscal year, and other compensation like benefits and perks. Total stock return represents the total shareholder return for their company's stock over the fiscal year. It includes dividends and accounts for stock splits. Equilar, an executive compensation research firm, looked at CEOs at public U.S. companies with at least $5 billion in revenues. Pay data based on companies' fiscal year end of Dec. 2012 unless otherwise noted.
- Last updated April 08 2013 01:26 PM ET
