NEW YORK (AP) — An AP analysis is showing that compensation for Procter & Gamble's chairman, CEO and president Bob McDonald slipped 6 percent to $15.2 million in the year ended June 30, as the world's largest consumer product maker's performance has been tripped up by missteps in pricing and other areas.
McDonald, 59, who became CEO and president in June 2009 and added the title of chairman in January 2010, received a base salary of $1.6 million, according to documents filed Friday with the Securities and Exchange Commission. That was unchanged from the prior year. But his cash-based bonus of $2.4 million was down 8 percent, and he received stock options that were valued at $4.4 million, down 29 percent from $6.17 million in the prior year.
P&G is based in Cincinnati.