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Companies Amcor

Amcor (AMCR): executive pay, fiscal 2026

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Amcor's highest-paid named officer for fiscal year 2026, Executive Vice President and Chief Financial Officer Steve Scherger, was paid $8,462,006 · source

Say-on-pay support90.25%Latest vote · source
CEO pay ratio119:1To the median employee · source

Executives and directors

Peter Konieczny · CEOFred Stephan · COOMichael Casamento · CFOMichael Zacka · ExecutiveSusana Suarez Gonzalez · ExecutiveEric Roegner · ExecutiveIan Wilson · EVPAchal Agarwal · Independent DirectorAndrea Bertone · Former director (through FY2025)Arun Nayar · Former director (through FY2025)David Szczupak · Former director (through FY2025)Graeme Liebelt · Chair of the BoardGraham Chipchase CBE · Independent DirectorJames T. Glerum, Jr · Independent DirectorJill A. Rahman · Independent DirectorJonathan F. Foster · Independent DirectorKaren Guerra · Independent DirectorLucrece Foufopoulos-De Ridder · Independent DirectorStephen E. Sterrett · Independent DirectorSusan Carter · Independent DirectorTom Long · Independent Director

Frequently asked questions

Who was the highest-paid executive at Amcor in fiscal 2026?
As disclosed, Steve Scherger (Executive Vice President and Chief Financial Officer) was the highest-paid executive at Amcor in fiscal 2026, with total compensation of $8,462,006.
What is Amcor's CEO-to-median employee pay ratio?
As disclosed, Amcor's CEO-to-median employee pay ratio was 119:1.
How did shareholders vote on Amcor's executive compensation?
As disclosed, 90.25% of shareholders supported Amcor's executive compensation in the latest say-on-pay vote.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Steve Scherger$638,356$500,000$5,894,050$1,084,770$328,753—$16,077$8,462,006
Executive Vice President and Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2026 totalFY2025 totalFY2024 totalΔ FY2025→2026
Steve Scherger$8,462,006———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Equity grants and outstanding awards

No plan-based awards are on file for this fiscal year.

No outstanding equity awards are on file for this fiscal year.

Director compensation

No director compensation table is on file for fiscal year 2026.

Board fee structure and ownership guideline

Annual cash retainer$135,500
Annual equity retainer$170,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)32,500 / 25,000 / 20,000
Stock ownership guideline$5
Peer group, and who names Amcor as a peer

Companies that benchmark against AMCR

6 companies name AMCR as a compensation peer

Each company listed discloses AMCR in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named AMCR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2026

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Treasury Wine Estates LimitedPEP PepsiCo, Inc. Brambles LimitedCAG Conagra Brands, Inc.UL Unilever PLC Coles Group LimitedJNJ Johnson & JohnsonCARR Carrier Global Corporation Wesfarmers Limited Huhtamäki OyjGLW Corning, Inc.GPK Graphic Packaging Holding CompanyETN Eaton Corporation plcAVY Avery Dennison CorporationPG The Procter & Gamble CompanyJCI Johnson Controls International, plcGIS General Mills, Inc.KMB Kimberly-Clark CorporationSHW The Sherwin Williams CompanySON Sonoco Products CompanyMMM 3M Company Woolworths Group LimitedNUE Nucor CorporationATR AptarGroup, Inc.BALL Ball CorporationSLGN Silgan Holdings, Inc. Nestlé S.A.PPG PPG Industries, Inc. Danone S.A. Orora LimitedSW Smurfit Westrock plcAA Alcoa CorporationMDLZ Mondelez International, Inc. Ansell LimitedEMR Emerson Electric CompanyKHC The Kraft Heinz CompanyOI O-I Glass, Inc.PKG Packaging Corporation of AmericaSEE Sealed Air CorporationEMN Eastman Chemical Company

Peer reciprocity

The companies Amcor names as compensation peers that name it back in their own disclosed peer groups.

Avery Dennison Corporation (AVY)39Smurfit Westrock plc (SW)40

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Johnson & Johnson2025Joaquin Duato$1,600,000$15,028,948$5,927,995$4,298,700$32,758,111
2Corning, Inc.2025Wendell Weeks1,688,75411,987,00009,326,80125,756,121
3Mondelez International, Inc.2025Dirk Van de Put1,624,61514,530,3594,401,5553,234,00024,516,114
4PepsiCo, Inc.2025Ramon Laguarta1,804,61511,550,00805,771,00023,903,545
5Emerson Electric Company2025Lal Karsanbhai1,537,50015,413,32503,728,52521,240,262
63M Company2025William Brown1,800,0007,753,8527,001,2423,745,32221,005,009
7Johnson Controls International, plc2025Joakim Weidemanis825,00012,849,0883,749,9932,357,24719,963,827
8Eastman Chemical Company2025Mark Costa1,406,95812,682,2003,278,151987,00019,498,966
9The Procter & Gamble Company2026Shailesh Jejurikar1,387,50011,035,2093,500,010018,976,742
10Packaging Corporation of America2025Mark Kowlzan1,539,39611,484,12303,100,70016,992,255
11Smurfit Westrock plc2025Anthony Smurfit1,565,19411,653,64502,998,20816,429,689
12Kimberly-Clark Corporation2025Michael Hsu1,500,00011,499,98901,596,42415,320,405
13Carrier Global Corporation2025David Gitlin1,500,0005,634,5485,747,1651,023,75014,962,913
14Nucor Corporation2025Leon J. Topalian1,560,0008,895,2732,000,0002,486,20314,945,471
15The Sherwin Williams Company2025Heidi Petz1,373,0776,456,2074,253,8592,390,00014,914,317
16PPG Industries, Inc.2025Timothy Knavish1,300,0007,333,5423,666,6901,924,00014,885,022
17General Mills, Inc.2026Jeffrey Harmening1,350,0007,326,4052,279,9731,404,54014,018,052
18Alcoa Corporation2025William Oplinger1,298,9259,899,06902,314,68414,002,088
19Conagra Brands, Inc.2026Sean Connolly1,415,0008,958,37202,827,17013,680,675
20Ball Corporation2025Daniel Fisher1,269,4625,798,8012,081,2423,676,88613,486,942
21Sealed Air Corporation2024Patrick Kivits550,0008,644,0120012,820,613
22Silgan Holdings, Inc.2025Adam Greenlee1,155,6609,487,80001,444,57512,229,234
23O-I Glass, Inc.2025Gordon Hardie1,200,0008,138,139—1,976,40011,462,530
24The Kraft Heinz Company2025Carlos Abrams-Rivera1,100,0008,102,60901,520,31010,748,810
25AptarGroup, Inc.2025Stephan Tanda1,175,0006,096,6701,681,509518,43310,226,911
26Sonoco Products Company2025R. Howard Coker1,248,1566,872,02201,512,72810,142,078
27Avery Dennison Corporation2025Deon Stander1,136,5387,649,4300605,4759,538,375
28Graphic Packaging Holding Company2025Michael Doss1,316,3007,495,753009,104,747
29Amcor2026Steve Scherger638,3565,894,0501,084,770328,7538,462,006
30Eaton Corporation plc2025Paulo Ruiz1,087,1164,140,3141,384,6951,155,0007,923,677
—Unilever PLC——————not in coverage universe

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Amcor71%PSU 60 · Option 20 · RSU 20Yes — Relative TSRFW Cook
3M Company118.9%PSU 50 · Options 50NoFW Cook
Alcoa Corporation118.8%PSU 60 · RSU 40Yes — Relative TSRPay Governance
AptarGroup, Inc.67.9%PSU 50 · RSU 25 · Options 25NoPay Governance LLC
Avery Dennison Corporation39%PSU 100Yes — Relative TSRWillis Towers Watson (WTW) and Semler Brossy
Ball Corporation150%PSU 50 · Options 25 · RSU 25Yes — Relative Total Shareholder Return (rTSR)Farient Advisors LLC
Carrier Global Corporation39%SARs 50 · PSU 50Yes — Total Shareholder Return ( TSR ) relative to a subset of the S&P 500 Industrials Index ( Relative TSR )Pearl Meyer
Conagra Brands, Inc.not disclosedPSU 60 · RSU 40Yes — Relative TSRFW Cook
Corning, Inc.140%PSU 45 · RSU 30 · Cash LTI 25NoFrederic W. Cook & Co., Inc. (FW Cook)
Eastman Chemical Company47%PSA 60 · Option 20 · RSU 20Yes — Relative total shareholder return (rTSR)Aon plc
Eaton Corporation plc70%PSU 50 · RSU 25 · Option 25Yes — Relative TSRMeridian Compensation Partners
Emerson Electric Company141.5%PSU 55 · RSU 45NoExequity
General Mills, Inc.58%PSU 50 · RSU 25 · Option 25Yes — Relative TSR ModifierFW Cook
Graphic Packaging Holding Companynot disclosedPRSU 67 · RSU 33not disclosedWTW
Johnson & Johnsonnot disclosednot disclosedYes — Relative TSRSemler Brossy Consulting Group
Johnson Controls International, plc176.6%PSU 50 · Option 25 · RSU 25Yes — TSR Relative to S&P 500 IndustrialsFarient Advisors LLC
Kimberly-Clark Corporation61%PSU 60 · RSU 40NoSemler Brossy Consulting Group
Mondelez International, Inc.91%PSU 75 · Option 25Nonot disclosed
Nucor Corporation177.08%Cash LTI 50NoPearl Meyer & Partners, LLC
O-I Glass, Inc.not disclosedPSU 60 · RSU 40not disclosedPay Governance
Packaging Corporation of Americanot disclosedMSU 34 · RSU 33 · PSU 33Yes — TSRFW Cook
PepsiCo, Inc.not disclosednot disclosedYes — Relative TSR PerformanceFW Cook
PPG Industries, Inc.93%Option 33 · PRSU 33 · TSR Shares 33NoFW Cook
Sealed Air Corporation122.1%PSU 50 · RSU 50NoPearl Meyer & Partners LLC
Silgan Holdings, Inc.125%RSU 100not disclosednot disclosed
Smurfit Westrock plc109.5%PSU 75 · RSU 25Yes — Relative total shareholder return (rTSR)Semler Brossy
Sonoco Products Companynot disclosedPRSU 60 · RSU 40not disclosedFW Cook
The Kraft Heinz Company46.07%PSU 70 · RSU 30Yes — 3-year average annual Company Total Shareholder Return (TSR) performance relative to the performance peer groupMeridian Compensation Partners LLC
The Procter & Gamble Companynot disclosedPSU 50 · RSU 25 · Option 25Yes — Relative TSR MultiplierMeridian Compensation Partners, LLC
The Sherwin Williams Company110.86%PSU 60 · Options 40NoMercer (US) LLC
Unilever PLCnot disclosednot disclosednot disclosednot disclosed

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-11-061,499,031,651153,189,3718,759,90590.25%Passed
20242024-11-06956,117,07244,975,2072,862,50195.24%Passed
20232023-11-08929,024,63736,818,8064,741,35395.72%Passed
20222022-11-09948,618,48047,926,7834,359,77894.78%Passed
20212021-11-10935,322,08291,182,0745,960,31990.59%Passed
20202020-11-041,011,481,54258,325,8315,375,30094.08%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20252025-11-0690.25%a
20242024-11-0695.24%b
20232023-11-0895.72%c

a. Approved under the standard stated in the filing — “Accordingly, abstentions will have the effect of a vote "Against" the particular matter.”.

b. Approved under the standard stated in the filing — “Accordingly, abstentions will have the effect of a vote "Against" the particular matter.”.

c. Approved under the standard stated in the filing — “Accordingly, abstentions and elections to withhold authority will have the effect of a vote "Against" the particular matter, except in the case of the Say-on-Pay Vote for which an abstention will have no effect.”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

CEO pay ratio

Ratio (CEO : median employee)119 : 1
CEO total compensation$8,458,329
Median employee compensation$71,040
Insider trades since the proxy

Every insider equity transaction reported on Form 4 after the 2026 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Jean-Marc GalvezSee Remarks2026-10-06A38,155.2$0$0Derivative, Class A CommonForm 4 ↗
Jean-Marc GalvezSee Remarks2026-10-06D9,27942387,862CommonForm 4 ↗
Jean-Marc GalvezSee Remarks2026-10-06A38,155.200CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

Sources (40 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Steve Scherger. DEF 14A, filed 2026-09-29. Section “Executive Compensation Tables” · page 39. As printed: 8,462,006. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2025-09-23. Section “CEO Pay Ratio”. As printed: 119 : 1. View filing ↗
  • Section 02, Jean-Marc Galvez 2026-10-06. Form 4, filed 2026-10-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Jean-Marc Galvez 2026-10-06. Form 4, filed 2026-10-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Jean-Marc Galvez 2026-10-06. Form 4, filed 2026-10-08. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-11-10. Item 5.07 · say-on-pay result. As reported: 90.25% (votes for as printed: 1,499,031,651). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-11-08. Item 5.07 · say-on-pay result. As reported: 95.24%. View filing ↗
  • Section 06, 2023 vote. Form 8-K, filed 2023-11-13. Item 5.07 · say-on-pay result. As reported: 95.72%. View filing ↗
  • Johnson & Johnson, Section 10b CEO total. DEF 14A, filed 2026-03-11. CEO total compensation as printed in Johnson & Johnson's own proxy. As printed: 32,758,111. View filing ↗
  • Corning, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-20. CEO total compensation as printed in Corning, Inc.'s own proxy. As printed: 25,756,121. View filing ↗
  • Mondelez International, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-03. CEO total compensation as printed in Mondelez International, Inc.'s own proxy. As printed: 24,516,114. View filing ↗
  • PepsiCo, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in PepsiCo, Inc.'s own proxy. As printed: 23,903,545. View filing ↗
  • Emerson Electric Company, Section 10b CEO total. DEF 14A, filed 2025-12-12. CEO total compensation as printed in Emerson Electric Company's own proxy. As printed: 21,240,262. View filing ↗
  • 3M Company, Section 10b CEO total. DEF 14A, filed 2026-03-25. CEO total compensation as printed in 3M Company's own proxy. As printed: 21,005,009. View filing ↗
  • Johnson Controls International, plc, Section 10b CEO total. DEF 14A, filed 2026-01-16. CEO total compensation as printed in Johnson Controls International, plc's own proxy. As printed: 19,963,827. View filing ↗
  • Eastman Chemical Company, Section 10b CEO total. DEF 14A, filed 2026-03-24. CEO total compensation as printed in Eastman Chemical Company's own proxy. As printed: 19,498,966. View filing ↗
  • The Procter & Gamble Company, Section 10b CEO total. DEF 14A, filed 2026-08-28. CEO total compensation as printed in The Procter & Gamble Company's own proxy. As printed: 18,976,742. View filing ↗
  • Packaging Corporation of America, Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Packaging Corporation of America's own proxy. As printed: 16,992,255. View filing ↗
  • Smurfit Westrock plc, Section 10b CEO total. DEF 14A, filed 2026-03-11. CEO total compensation as printed in Smurfit Westrock plc's own proxy. As printed: 16,429,689. View filing ↗
  • Kimberly-Clark Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-23. CEO total compensation as printed in Kimberly-Clark Corporation's own proxy. As printed: 15,320,405. View filing ↗
  • Carrier Global Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-03. CEO total compensation as printed in Carrier Global Corporation's own proxy. As printed: 14,962,913. View filing ↗
  • Nucor Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Nucor Corporation's own proxy. As printed: 14,945,471. View filing ↗
  • The Sherwin Williams Company, Section 10b CEO total. DEF 14A, filed 2026-03-11. CEO total compensation as printed in The Sherwin Williams Company's own proxy. As printed: 14,914,317. View filing ↗
  • PPG Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-05. CEO total compensation as printed in PPG Industries, Inc.'s own proxy. As printed: 14,885,022. View filing ↗
  • General Mills, Inc., Section 10b CEO total. DEF 14A, filed 2026-08-13. CEO total compensation as printed in General Mills, Inc.'s own proxy. As printed: 14,018,052. View filing ↗
  • Alcoa Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-19. CEO total compensation as printed in Alcoa Corporation's own proxy. As printed: 14,002,088. View filing ↗
  • Conagra Brands, Inc., Section 10b CEO total. DEF 14A, filed 2026-08-11. CEO total compensation as printed in Conagra Brands, Inc.'s own proxy. As printed: 13,680,675. View filing ↗
  • Ball Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in Ball Corporation's own proxy. As printed: 13,486,942. View filing ↗
  • Sealed Air Corporation, Section 10b CEO total. DEF 14A, filed 2025-04-17. CEO total compensation as printed in Sealed Air Corporation's own proxy. As printed: 12,820,613. View filing ↗
  • Silgan Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-16. CEO total compensation as printed in Silgan Holdings, Inc.'s own proxy. As printed: 12,229,234. View filing ↗
  • O-I Glass, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in O-I Glass, Inc.'s own proxy. As printed: 11,462,530. View filing ↗
  • The Kraft Heinz Company, Section 10b CEO total. DEF 14A, filed 2026-04-03. CEO total compensation as printed in The Kraft Heinz Company's own proxy. As printed: 10,748,810. View filing ↗
  • AptarGroup, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in AptarGroup, Inc.'s own proxy. As printed: 10,226,911. View filing ↗
  • Sonoco Products Company, Section 10b CEO total. DEF 14A, filed 2026-03-13. CEO total compensation as printed in Sonoco Products Company's own proxy. As printed: 10,142,078. View filing ↗
  • Avery Dennison Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-12. CEO total compensation as printed in Avery Dennison Corporation's own proxy. As printed: 9,538,375. View filing ↗
  • Graphic Packaging Holding Company, Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Graphic Packaging Holding Company's own proxy. As printed: 9,104,747. View filing ↗
  • Amcor (subject), Section 10b CEO total. DEF 14A, filed 2026-09-29. CEO total compensation as printed in Amcor's own proxy. As printed: 8,462,006. View filing ↗
  • Eaton Corporation plc, Section 10b CEO total. DEF 14A, filed 2026-03-13. CEO total compensation as printed in Eaton Corporation plc's own proxy. As printed: 7,923,677. View filing ↗
  • Section 10a, Avery Dennison Corporation reciprocity. DEF 14A. Avery Dennison Corporation names Amcor in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Smurfit Westrock plc reciprocity. DEF 14A. Smurfit Westrock plc names Amcor in its own disclosed peer group (read from its most recent proxy). View filing ↗
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