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The Procter & Gamble Company announced the transition of Chief Executive Officer David S. Taylor to Executive Chairman of the Board, effective November 1, 2021. Mr. Taylor has been the CEO of Procter & Gamble since November 1, 2015. From 2016 to 2020, Mr. Taylor realized $106,665,855 in total compensation.
On November 1, 2021, Jon R. Moeller will assume the role of President and Chief Executive Officer. Mr. Moeller currently serves as the Vice Chairman and Chief Operating Officer of the Company. His annual target compensation will be as follows:
| Base Salary | Target Bonus | Long-Term Incentive Award | Total Annual Compensation |
|
$1.6 million
|
$3.2 million | $11.2 million | $16.0 million |
To view the details of this transition, please click here.
Michael W. Lamach is the 32nd CEO from the Equilar 500 to announce their resignation in 2021.
Senior Research Analyst at Equilar
Owen Gilles, Senior Research Analyst at Equilar, authored this post. Please contact Amit Batish, Director, Content & Communications, at abatish@equilar.com for more information on Equilar research and data analysis.
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