Sundar PichaiSundar Pichai earned $164M in 2023
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Michael D. Hsu

CEO of Kimberly-Clark

Education

Bachelor's degree in Economics from the University of Michigan and an MBA from the University of Chicago

Field of Expertise

Business & Management

Born

January 1, 1970 - 55 years ago

Economy Sector

Consumer Defensive

Current Tenure

6 years 1 month (Jan 2019 - Present)

Previous Experience

Various leadership roles within Kimberly-Clark Corporation

Michael D. Hsu is the CEO and Chairman of Kimberly-Clark Corp., where he has been leading since 2019, after serving as President and COO. He holds a Bachelor's degree in Economics from the University of Michigan and an MBA from...

Year

2023

Total Compensation

$2.20M

Salary

$1.47M

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with the company's financial and strategic goals, and retaining top talent.

Bonus

$0.00

Board Justification

No cash bonus was awarded for 2023 as the performance metrics did not meet the threshold for bonus payouts.

Other

$726.34K

Board Justification

Other compensation includes retirement benefits, perquisites such as personal financial planning services, and security services.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the performance-based restricted share units are subject to a three-year performance period and will vest based on performance metrics.

Performance Metrics

Performance metrics for 2023 included organic sales growth and adjusted EPS, with specific targets set for each.