Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Gillette CEO Bonus Up 59 Percent in 2003
Apr 13, 2004
 Printable format
 Email this Article
 Search

Gillette Co. Chairman and CEO James Kilts saw his bonus rise almost 59 percent in 2003.

Mr. Kilts' bonus rose to U.S. $2.7 million in 2003 from $1.7 million in 2002 and his salary rose to $1.275 million from $1.048 million, according to the Boston, MA, U.S.-based company's proxy statement filed with the Securities and Exchange Commission.

Mr. Kilts, who has been mentioned as a possible candidate to replace Coca-Cola Co. Chairman and CEO Douglas Daft, also received stock-based compensation valued at $12.94 million, the company said. This includes $9 million in options and $3.94 million based on the appreciation of 1 million Gillette shares from June 19, 2003 and Jan. 2, 2004.

"The company achieved all, and exceeded many, of its objectives set for 2003," Gillette said in the proxy. Among measures it noted, sales rose 9 percent, net income rose 14 percent and income per share from continuing operations rose 18 percent, Gillette said. (Reuters)

Back to Daily News

 

Daily News

...........................................................

Apr 18, 2014: Spectrum Brands CEO Lumley Joins Husqvarna Board

Apr 17, 2014: GE Appliances 1Q Revenues Down 3%

Apr 17, 2014: Remodeling Growth Expected to Continue

Apr 17, 2014: HVAC/R Contractors Outlook Holds Steady

Apr 17, 2014: Appliance Store Sales Down Slightly in March

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows