Top 10 Consumer Goods CEO Salaries

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Top 10 Consumer Goods CEO Salaries

04/11/2012
The Great Recession is finally over! That statement may not ring true for the majority of Americans, but it does for chief executives from the 500 biggest companies in the United States, according to a recent report from Forbes. After all, they got a collective pay raise of 16 percent in 2011 to $5.2 billion. This compares with a 3 percent pay raise for the average American worker; a finding that Forbes says will only fuel the outrage over corporate greed.

This year, McKesson's CEO John Hammergren took the No. 1 spot with a total compensation in 2011 of $131.19 million. But executives in consumer goods didn't fall far behind. Here’s a look at the top 10 CEO salaries in the consumer goods market (apparel, accessories and tobacco companies included):

Ralph Lauren, CEO, Ralph Lauren
Rank: 2
Total Compensation: $66.65 mil
5-Year Compensation: $204.06 mil

Lew Frankfort, CEO, Coach
Rank: 24
Total Compensation: $33.17 mil
5-Year Compensation: $105.18 mil

Louis C Camilleri, CEO, Philip Morris International
Rank: 25
Total Compensation: $32.75 mil
5-Year Compensation: $82.74 mil

Irene B Rosenfeld, CEO, Kraft Foods   
Rank: 40
Total Compensation: $25.37 mil    
5-Year Compensation: $65.48 mil

Eric C Wiseman, CEO, VF
Rank: 43
Total Compensation: $24.04 mil
5-Year Compensation: $47.34 mil

William R Johnson, CEO, H.J. Heinz
Rank: 50
Total Compensation: $21.61 mil
5-Year Compensation: $73.53 mil

John F Brock, CEO, Coca-Cola Enterprises
Rank: 52
Total Compensation: $21.18 mil   
5-Year Compensation: $47.04 mil

John F Lundgren, CEO, Stanley Black & Decker
Rank: 63
Total Compensation: $19.77 mil   
5-Year Compensation: $40.08 mil

Ian M. Cook, CEO, Colgate-Palmolive
Rank: 67
Total Compensation: $19.23 mil   
5-Year Compensation: $39.98 mil

Michael E Szymanczyk, CEO, Altria Group
Rank: 74
Total Compensation: $17.85 mil
5-Year Compensation: $33.73 mil

Other top gainers included C Larry Pope, CEO, Smithfield Foods (#86), Larry D Young, CEO, Dr Pepper Snapple Group (#89) and Muhtar Kent, CEO, Coca-Cola (#110).

Click here for the entire Forbes list.