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Here, the top ceo salaries at publicly traded beauty companies in the U.S.

Appeared In
Special Issue
Beauty Inc issue 05/11/2012

It pays to be in the luxury business. After all, for the wealthiest consumers, austerity was so 2009. Prestige beauty brands were well positioned to reap the spoils of luxury’s revival. As sales of luxury goods grew, so did the salaries of the chief executives at the toniest beauty firms. Here, the top ceo salaries at publicly traded beauty companies in the U.S.

 

1. Johnson & Johnson

William Weldon, chairman and former chief executive officer

Fiscal Year Ended: January 1, 2012

Base Salary: $1,907,215

Stock and Option Awards:$6,798,177

Bonus and Incentive Pay: $14,336,394

Other Compensation: $321,153

Total: $26,797,939

Total Change Versus Prior Year: Down 6.7%

Net Sales 2011: Up 5.6% to $65.03 billion

Note: The firm’s current ceo, Alex Gorsky, who previously served as vice chairman, executive committee, assumed the post on April 26, 2012. His compensation includes, but is not limited to, a base salary of $1,200,000.

2. Estée Lauder Cos. Inc.

Fabrizio Freda, president and ceo

Fiscal Year Ended: June 30, 2011

Base Salary: $1,500,000

Stock and Option Awards: $15,580,188

Bonus and Incentive Pay: $3,801,000

Other Compensation: $91,636

Total: $21,467,044

Total Change Versus Prior Year: Up 49.4%

Net Sales 2011: Up 13% to $8.81 billion

3. Procter & Gamble Co.

Robert McDonald, chairman, president and ceo

Fiscal Year Ended: June 30, 2011

Base Salary: $1,600,000

Stock and Option Awards: $11,771,613

Bonus and Incentive Pay: $2,632,000

Other Compensation: $184,424

Total: $16,188,037

Total Change Versus Prior Year: Up 23.4%

Net Sales 2011: Up 5% to $82.56 billion

4. Avon Products Inc.

Andrea Jung, chairman and former ceo

Fiscal Year Ended: December 31, 2011

Base Salary: $1,375,000

Stock and Option Awards: $4,811,998

Bonus and Incentive Pay: 0

Other Compensation: $207,227

Total: $10,118,019

Total Change Versus Prior Year: Down 23.2%

Net Revenue 2011: Up 4% to $11.29 billion

Note: Avon’s current ceo, Sherilyn “Sheri” McCoy, a former Johnson & Johnson vice chairman, took the reins from Jung on April 23, 2012. Her compensation includes a base salary of $1,200,000 and a sign-on bonus of $1,910,000. She could also potentially make 150 percent of her base salary in an annual cash incentive program, as well as 600 percent of her salary through a three- year cash and stock incentive plan.

5. Nu Skin Enterprises inc.

Truman Hunt, president and ceo

Fiscal Year Ended: December 31, 2011

Base Salary: $919,391

Stock and Option Awards: $2,822,898

Bonus and Incentive Pay: $1,133,796

Other Compensation: $139,604

Total: $5,015,689

Total Change Versus Prior Year: Down 5.3%

Net Revenue 2011: Up 13% to $1.74 billion


6. ElizaBeth Arden Inc.

E. Scott Beattie, chairman, president and ceo

Fiscal Year Ended: June 30, 2011

Base Salary: $864,667

Stock and Option Awards: $1,341,363

Bonus and Incentive Pay: $2,314,434

Other Compensation: $68,604

Total: $4,589,068

Total Change Versus Prior Year: Up 17.7%

Net Sales 2011: Up 6.5% to $1.18 billion

6. Revlon Inc.

Alan Ennis, president and ceo

Fiscal Year Ended: December 31, 2011

Base Salary: $910,000

Stock and Option Awards: 0

Bonus and Incentive Pay: $2,067,800

Other Compensation: $65,523

Total: $3,077,955

Total Change Versus Prior Year: Down 0.5%

Net Sales For 2011: Up 4.5% to $1.38 billion

7. Inter Parfums Inc.

Jean Madar, chairman and ceo

Fiscal Year Ended: December 31, 2010

Base Salary: $380,000

Stock and Option Awards: $107,000

Bonus and Incentive Pay: 0

Other Compensation: 0

Total: $487,000

Total Change Versus Prior Year: Down 1.6%

Net Sales For 2010: Up 12.4% to $460,411

8. Physicians Formula Holdings Inc.

Ingrid Jackel, chairman and ceo

Fiscal Year Ended: December 31, 2010

Base Salary: $358,904

Stock and Option Awards: 0

Bonus and Incentive Pay: 0

Other Compensation: $36,295

Total: $395,199

Total Change Versus Prior Year: Down 35.3%

Net Sales For 2010: Up 0.9% to $78.5 million

9. Perfumania Holdings Inc.

Michael Katz, president and ceo

Fiscal Year Ended: January 29, 2011

Base Salary: $284,808

Stock and Option Awards: 0

Bonus and Incentive Pay: 0

Other Compensation: $15,000

Total: $299,808

Total Change Versus Prior Year: Down 3%

Net Sales 2010: Down 5.1% to $484,800

 

The figures included in the chart do not necessarily add up to the CEO’s total compensation, as only key figures are highlighted.

Source: Firms’ most recent Form DEF 14A (proxy statement) filed with the Securities and Exchange Commission by April 24, 2012.