In 2019, Thomas J. Falk earned $9.45M in total compensation at Kimberly-Clark, including $650.00K salary, $1.29M bonus and $7.18M in stock. Most recently sold 58,218 shares in May 2019. Currently holds stock worth $69.78M. Has donated $54.48M in stock to charitable causes. Led Kimberly-Clark as CEO for 17 years.
Compensation History
Annual executive compensation data for Thomas J. Falk, including salary, bonuses, and stock awards.
Year
2019
Total Compensation
$9.45M
Salary
$650.00K
Bonus
$1.29M
Other
$324.90K
Salary
$650.00KBoard Justification
The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and shareholder interests, while being competitive with peer companies.
Bonus
$1.29MBoard Justification
Annual cash incentive payout based on performance metrics for 2019, resulting in a payout of 132% of target.
Other Compensation
$324.90KBoard Justification
Includes perquisites such as personal use of corporate aircraft, security services, and contributions to retirement plans.
Restricted Stock
Board Justification
Performance-based restricted share units vested based on achievement of performance goals for the 2016-2018 performance period, paid in February 2019.
Performance Metrics
Performance metrics for 2019 included net sales growth, adjusted EPS, and adjusted operating profit return on sales.
Thomas J. Falk
Ex-CEO of Kimberly-Clark
Education
Bachelor's degree from the University of Wisconsin-Madison
Field of Expertise
Business & Management
Sector of Economy
Consumer Defensive
Born
January 1, 1957 - 68 years ago
CEO of Kimberly-Clark for
17 years 11 months (Jan 2002 - Dec 2019)
Previous Experience
Various leadership roles within Kimberly-Clark Corporation
Other Kimberly-Clark CEOs
Holdings
Track Thomas J. Falk's stock holdings and portfolio value over time.
Total Stock Sold
$261.45M
$261.45M
2,780,585 KMB shares
What if they kept their stock?
If Thomas J. Falk didn't sell their stock, today they would have:
Extra KMB2,780,585 shares worth $286.29M.
This is 9.5% and $24.84M more than what they got when they sold the stock.
Charitable Transactions
529,137 shares
KMB
Recent Charitable Transactions
37,000 shares
KMB
Dec 11, 2019
Charity
37,297 shares
KMB
Mar 5, 2019
Charity
40,313 shares
KMB
Feb 22, 2018
Charity
40,658 shares
KMB
Dec 31, 2017
Charity
8,000 shares
KMB
Jul 28, 2016
Charity
43,500 shares
KMB
Feb 23, 2016
Charity
Insider Trading
Thomas J. Falk's recent stock transactions, purchases, and sales filed with the SEC.
37,000 shares
KMB
Dec 11, 2019
Charity
$7.43M
KMB at $127.54/share
May 13, 2019
Sale
$38.30M
KMB at $126.15/share
Apr 23, 2019
Sale
37,297 shares
KMB
Mar 5, 2019
Charity
37,297 shares
KMB
Mar 5, 2019
Charity
61,497 shares
KMB
Feb 28, 2019
Received
40,313 shares
KMB
Feb 22, 2018
Charity
40,313 shares
KMB
Feb 22, 2018
Charity
66,467 shares
KMB
Feb 17, 2018
Received
40,658 shares
KMB
Dec 31, 2017
Charity
Rivals
Compare Thomas J. Falk with competitor CEOs and industry peers.
Noel R. Wallace
CEO of Colgate-Palmolive
2023 Compensation
Stock
$0.00
Salary
$1.48M
Bonus
$4.73M
Other
$929.86K
Total Holdings
$15.49M
Jean Madar
Founder and CEO of Inter Parfums
2022 Compensation
Stock
$0.00
Salary
$1.23M
Bonus
$0.00
Other
$0.00
Total Holdings
$1.92M
Patrick Choël
CEO of Inter Parfums
2022 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$393.80K