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
Executives and directors
Frequently asked questions
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 officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| 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 officer | FY2026 total | FY2025 total | FY2024 total | Δ 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
The list of companies that name AMCR as a peer is temporarily unavailable — recheck shortly.
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.
Peer reciprocity
The companies Amcor names as compensation peers that name it back in their own disclosed peer groups.
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.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 2025 | Joaquin Duato | $1,600,000 | $15,028,948 | $5,927,995 | $4,298,700 | $32,758,111 |
| 2 | Corning, Inc. | 2025 | Wendell Weeks | 1,688,754 | 11,987,000 | 0 | 9,326,801 | 25,756,121 |
| 3 | Mondelez International, Inc. | 2025 | Dirk Van de Put | 1,624,615 | 14,530,359 | 4,401,555 | 3,234,000 | 24,516,114 |
| 4 | PepsiCo, Inc. | 2025 | Ramon Laguarta | 1,804,615 | 11,550,008 | 0 | 5,771,000 | 23,903,545 |
| 5 | Emerson Electric Company | 2025 | Lal Karsanbhai | 1,537,500 | 15,413,325 | 0 | 3,728,525 | 21,240,262 |
| 6 | 3M Company | 2025 | William Brown | 1,800,000 | 7,753,852 | 7,001,242 | 3,745,322 | 21,005,009 |
| 7 | Johnson Controls International, plc | 2025 | Joakim Weidemanis | 825,000 | 12,849,088 | 3,749,993 | 2,357,247 | 19,963,827 |
| 8 | Eastman Chemical Company | 2025 | Mark Costa | 1,406,958 | 12,682,200 | 3,278,151 | 987,000 | 19,498,966 |
| 9 | The Procter & Gamble Company | 2026 | Shailesh Jejurikar | 1,387,500 | 11,035,209 | 3,500,010 | 0 | 18,976,742 |
| 10 | Packaging Corporation of America | 2025 | Mark Kowlzan | 1,539,396 | 11,484,123 | 0 | 3,100,700 | 16,992,255 |
| 11 | Smurfit Westrock plc | 2025 | Anthony Smurfit | 1,565,194 | 11,653,645 | 0 | 2,998,208 | 16,429,689 |
| 12 | Kimberly-Clark Corporation | 2025 | Michael Hsu | 1,500,000 | 11,499,989 | 0 | 1,596,424 | 15,320,405 |
| 13 | Carrier Global Corporation | 2025 | David Gitlin | 1,500,000 | 5,634,548 | 5,747,165 | 1,023,750 | 14,962,913 |
| 14 | Nucor Corporation | 2025 | Leon J. Topalian | 1,560,000 | 8,895,273 | 2,000,000 | 2,486,203 | 14,945,471 |
| 15 | The Sherwin Williams Company | 2025 | Heidi Petz | 1,373,077 | 6,456,207 | 4,253,859 | 2,390,000 | 14,914,317 |
| 16 | PPG Industries, Inc. | 2025 | Timothy Knavish | 1,300,000 | 7,333,542 | 3,666,690 | 1,924,000 | 14,885,022 |
| 17 | General Mills, Inc. | 2026 | Jeffrey Harmening | 1,350,000 | 7,326,405 | 2,279,973 | 1,404,540 | 14,018,052 |
| 18 | Alcoa Corporation | 2025 | William Oplinger | 1,298,925 | 9,899,069 | 0 | 2,314,684 | 14,002,088 |
| 19 | Conagra Brands, Inc. | 2026 | Sean Connolly | 1,415,000 | 8,958,372 | 0 | 2,827,170 | 13,680,675 |
| 20 | Ball Corporation | 2025 | Daniel Fisher | 1,269,462 | 5,798,801 | 2,081,242 | 3,676,886 | 13,486,942 |
| 21 | Sealed Air Corporation | 2024 | Patrick Kivits | 550,000 | 8,644,012 | 0 | 0 | 12,820,613 |
| 22 | Silgan Holdings, Inc. | 2025 | Adam Greenlee | 1,155,660 | 9,487,800 | 0 | 1,444,575 | 12,229,234 |
| 23 | O-I Glass, Inc. | 2025 | Gordon Hardie | 1,200,000 | 8,138,139 | — | 1,976,400 | 11,462,530 |
| 24 | The Kraft Heinz Company | 2025 | Carlos Abrams-Rivera | 1,100,000 | 8,102,609 | 0 | 1,520,310 | 10,748,810 |
| 25 | AptarGroup, Inc. | 2025 | Stephan Tanda | 1,175,000 | 6,096,670 | 1,681,509 | 518,433 | 10,226,911 |
| 26 | Sonoco Products Company | 2025 | R. Howard Coker | 1,248,156 | 6,872,022 | 0 | 1,512,728 | 10,142,078 |
| 27 | Avery Dennison Corporation | 2025 | Deon Stander | 1,136,538 | 7,649,430 | 0 | 605,475 | 9,538,375 |
| 28 | Graphic Packaging Holding Company | 2025 | Michael Doss | 1,316,300 | 7,495,753 | 0 | 0 | 9,104,747 |
| 29 | Amcor | 2026 | Steve Scherger | 638,356 | 5,894,050 | 1,084,770 | 328,753 | 8,462,006 |
| 30 | Eaton Corporation plc | 2025 | Paulo Ruiz | 1,087,116 | 4,140,314 | 1,384,695 | 1,155,000 | 7,923,677 |
| — | 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
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Amcor | 71% | PSU 60 · Option 20 · RSU 20 | Yes — Relative TSR | FW Cook |
| 3M Company | 118.9% | PSU 50 · Options 50 | No | FW Cook |
| Alcoa Corporation | 118.8% | PSU 60 · RSU 40 | Yes — Relative TSR | Pay Governance |
| AptarGroup, Inc. | 67.9% | PSU 50 · RSU 25 · Options 25 | No | Pay Governance LLC |
| Avery Dennison Corporation | 39% | PSU 100 | Yes — Relative TSR | Willis Towers Watson (WTW) and Semler Brossy |
| Ball Corporation | 150% | PSU 50 · Options 25 · RSU 25 | Yes — Relative Total Shareholder Return (rTSR) | Farient Advisors LLC |
| Carrier Global Corporation | 39% | SARs 50 · PSU 50 | Yes — Total Shareholder Return ( TSR ) relative to a subset of the S&P 500 Industrials Index ( Relative TSR ) | Pearl Meyer |
| Conagra Brands, Inc. | not disclosed | PSU 60 · RSU 40 | Yes — Relative TSR | FW Cook |
| Corning, Inc. | 140% | PSU 45 · RSU 30 · Cash LTI 25 | No | Frederic W. Cook & Co., Inc. (FW Cook) |
| Eastman Chemical Company | 47% | PSA 60 · Option 20 · RSU 20 | Yes — Relative total shareholder return (rTSR) | Aon plc |
| Eaton Corporation plc | 70% | PSU 50 · RSU 25 · Option 25 | Yes — Relative TSR | Meridian Compensation Partners |
| Emerson Electric Company | 141.5% | PSU 55 · RSU 45 | No | Exequity |
| General Mills, Inc. | 58% | PSU 50 · RSU 25 · Option 25 | Yes — Relative TSR Modifier | FW Cook |
| Graphic Packaging Holding Company | not disclosed | PRSU 67 · RSU 33 | not disclosed | WTW |
| Johnson & Johnson | not disclosed | not disclosed | Yes — Relative TSR | Semler Brossy Consulting Group |
| Johnson Controls International, plc | 176.6% | PSU 50 · Option 25 · RSU 25 | Yes — TSR Relative to S&P 500 Industrials | Farient Advisors LLC |
| Kimberly-Clark Corporation | 61% | PSU 60 · RSU 40 | No | Semler Brossy Consulting Group |
| Mondelez International, Inc. | 91% | PSU 75 · Option 25 | No | not disclosed |
| Nucor Corporation | 177.08% | Cash LTI 50 | No | Pearl Meyer & Partners, LLC |
| O-I Glass, Inc. | not disclosed | PSU 60 · RSU 40 | not disclosed | Pay Governance |
| Packaging Corporation of America | not disclosed | MSU 34 · RSU 33 · PSU 33 | Yes — TSR | FW Cook |
| PepsiCo, Inc. | not disclosed | not disclosed | Yes — Relative TSR Performance | FW Cook |
| PPG Industries, Inc. | 93% | Option 33 · PRSU 33 · TSR Shares 33 | No | FW Cook |
| Sealed Air Corporation | 122.1% | PSU 50 · RSU 50 | No | Pearl Meyer & Partners LLC |
| Silgan Holdings, Inc. | 125% | RSU 100 | not disclosed | not disclosed |
| Smurfit Westrock plc | 109.5% | PSU 75 · RSU 25 | Yes — Relative total shareholder return (rTSR) | Semler Brossy |
| Sonoco Products Company | not disclosed | PRSU 60 · RSU 40 | not disclosed | FW Cook |
| The Kraft Heinz Company | 46.07% | PSU 70 · RSU 30 | Yes — 3-year average annual Company Total Shareholder Return (TSR) performance relative to the performance peer group | Meridian Compensation Partners LLC |
| The Procter & Gamble Company | not disclosed | PSU 50 · RSU 25 · Option 25 | Yes — Relative TSR Multiplier | Meridian Compensation Partners, LLC |
| The Sherwin Williams Company | 110.86% | PSU 60 · Options 40 | No | Mercer (US) LLC |
| Unilever PLC | not disclosed | not disclosed | not disclosed | not 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 year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-11-06 | 1,499,031,651 | 153,189,371 | 8,759,905 | 90.25% | Passed |
| 2024 | 2024-11-06 | 956,117,072 | 44,975,207 | 2,862,501 | 95.24% | Passed |
| 2023 | 2023-11-08 | 929,024,637 | 36,818,806 | 4,741,353 | 95.72% | Passed |
| 2022 | 2022-11-09 | 948,618,480 | 47,926,783 | 4,359,778 | 94.78% | Passed |
| 2021 | 2021-11-10 | 935,322,082 | 91,182,074 | 5,960,319 | 90.59% | Passed |
| 2020 | 2020-11-04 | 1,011,481,542 | 58,325,831 | 5,375,300 | 94.08% | 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 year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2025 | 2025-11-06 | 90.25%a |
| 2024 | 2024-11-06 | 95.24%b |
| 2023 | 2023-11-08 | 95.72%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.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Jean-Marc Galvez | See Remarks | 2026-10-06 | A | 38,155.2 | $0 | $0 | Derivative, Class A Common | Form 4 ↗ |
| Jean-Marc Galvez | See Remarks | 2026-10-06 | D | 9,279 | 42 | 387,862 | Common | Form 4 ↗ |
| Jean-Marc Galvez | See Remarks | 2026-10-06 | A | 38,155.2 | 0 | 0 | Common | Form 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 ↗