PG CEO Pay Doubles While Worker Pay Slumps
Procter and Gamble CEO Shailesh Jejurikar received nearly 17.9 million dollars in compensation, a significant increase from the previous year. Meanwhile, median worker pay dropped during a corporate restructuring that involved thousands of job cuts.
Insights:
Procter & Gamble CEO Shailesh Jejurikar received $17.9 million in total compensation during his first year leading the consumer products giant in the United States, marking a 94.5% pay increase. The salary jump arrived as the manufacturer of Pampers and Tide navigated an ongoing corporate restructuring. P&G's CEO-to-worker pay ratio climbed to 278-to-1 as executive compensation surged while front-line wages declined.
