Sundar PichaiSundar Pichai earned $164M in 2023

A.G. Lafley is a notable figure in the world of consumer goods, primarily known for his long-standing leadership at Procter & Gamble (P&G). First becoming CEO in 2000, he played a crucial role in transforming P&G into the largest consumer...

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A.G. Lafley

Ex-CEO of Procter & Gamble

Education

Bachelor's degree in Economics from the University of California, Berkeley, and an MBA from the Harvard Business School.

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

Born

May 10, 1947 - 77 years ago

CEO of Procter & Gamble for

2 years 4 months (Jun 2013 - Oct 2015)

Previous Experience

Chairman of the Board

Holdings

See how much did A.G. Lafley make over time.

A.G. Lafley has a substantial stake in Procter & Gamble, holding over 500,000 shares worth tens of millions of dollars. His holdings peaked during his time as CEO, reflecting high confidence in P&G's future. The value and quantity of his...

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Total Stock Sold

$143.90M

PG

$143.90M

1,794,049 PG shares

What if they kept their stock?

If A.G. Lafley didn't sell their stock, today they would have:
Extra PG1,794,049 shares worth $211.36M.
This is 46.88% and $67.46M more than what they got when they sold the stock.

Charitable Transactions

PG

17,764.138 shares

PG

Recent Charitable Transactions

PG

2,596 shares

PG

Apr 29, 2016

Charity

PG

1,628 shares

PG

Sep 30, 2015

Charity

PG

15 shares

PG

Oct 26, 2015

Charity

PG

3,653 shares

PG

Jun 30, 2016

Charity

PG

8,441.138 shares

PG

Jun 3, 2014

Charity

PG

1,431 shares

PG

Jun 30, 2014

Charity

Insider Trading

See recent insider trades of A.G. Lafley.

PG

$7.05M

PG at $82.00/share

May 5, 2016

Sale

PG

2,596 shares

PG

Apr 29, 2016

Charity

PG

$13.84M

PG at $80.51/share

Apr 29, 2016

Sale

PG

44,748 shares

PG

Feb 26, 2016

Received

PG

$1.86M

PG at $81.04/share

Feb 26, 2016

Sale

PG

$2.67M

PG at $83.00/share

Feb 10, 2016

Sale

PG

$23.11M

PG at $79.69/share

Jan 28, 2016

Sale

PG

$35.28K

PG at $80.00/share

Dec 16, 2015

Sale

PG

$7.22M

PG at $78.00/share

Dec 7, 2015

Sale

PG

$7.03M

PG at $76.00/share

Dec 1, 2015

Sale

Compensation History

See how much did A.G. Lafley make over time.

A.G. Lafley's compensation reflects a strong pay-for-performance philosophy at Procter & Gamble. In 2015, his total compensation exceeded $10 million, with a base salary of $1.25 million, a performance-based bonus of over $2 million, and vested stock worth another $3 million. The structure of his pay was closely tied to how well P&G performed, making it clear that the company’s success directly impacted his earnings. This ties back to his leadership style, which emphasized accountability, aligning his financial rewards with the company’s metrics like sales growth and earnings. Even as he transitioned from CEO to Executive Chairman, he retained significant compensation, ensuring his interests remained aligned with P&G’s goals during and after his tenure.

Year

2015

Total Compensation

$6.57M

Salary

$1.25M

Board Justification

The compensation philosophy emphasizes pay for performance, aligning executive compensation with the company's performance and competitive benchmarks.

Bonus

$2.05M

Board Justification

The STAR target for Mr. Lafley was adjusted from 250% to 150% of salary, prorated to 184% reflecting the time spent in each role during the fiscal year. His STAR payout was approximately 89% of target based on the one-year Company results.

Other

$198.28K

Board Justification

This includes retirement plan contributions, executive group life insurance, and other benefits.

Restricted Stock

$3.07M(44.75K RSU)

Board Justification

The Key Manager RSUs granted to Mr. Lafley on February 29, 2016, which vested on June 30, 2016, are included in the total compensation for 2015.

Performance Metrics

The performance metrics include organic sales growth, core EPS growth, and other financial targets that determine the STAR bonus and long-term incentive payouts.