By  on August 24, 2012

Robert McDonald, chairman, president and chief executive officer of Procter & Gamble Co., logged total compensation of $15.2 million last year, a 6.1 percent drop attributed to a smaller payout under an incentive program and a lower valuation for stock grants.

McDonald’s salary for the year ended June 30 was unchanged at $1.6 million, but his payout under the firm’s Short-Term Achievement Reward program fell to $2.4 million from $2.6 million, according to a filing with the Securities and Exchange Commission today.

 

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