Baxter International (BAX) executive compensation, 2026 proxy

Andrew Hider, President and CEO, was paid $29.8M in 2025. The CEO-to-median-employee pay ratio was 445:1, on median employee pay of $72,402.

Filed
March 23, 2026
Annual meeting
May 5, 2026
Pay year
2025
Named executives
8
CEO total pay
$29.8M2025
CEO to median employee
445:1median $72,402
CEO pay in equity
88%$26.3M in awards
Prior say-on-pay support
91%of votes cast
CEO Sign-on Cash Bonus
$1,000,000Paid to Andrew Hider upon hiring
CEO Target Annual Incentive
$1,518,750For Andrew Hider
Median Employee Pay
$72,402Annual total compensation
CEO Pay Ratio
445:1Estimated ratio for 2025

How Hider was paid

$29.8M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary2%Bonus3%Stock awards78%Option awards11%Non-equity incentive3%All other compensation4%

Named executive officers

ExecutiveTotal
Andrew HiderPresident and CEO$29,805,182
José E. AlmeidaFormer Chair of the Board, President and CEO$7,666,044
Brent ShaferNon-Executive Chair and Former Executive Chair and Interim CEO$3,809,993
Joel GradeFormer Executive Vice President and CFO$8,209,568
Heather KnightFormer Executive Vice President, COO and Interim Group President$6,074,548
Reazur RasulExecutive Vice President and Group President, Healthcare Systems & Technologies$5,246,214
David RosenbloomExecutive Vice President and General Counsel$3,794,164
Alok SonigFormer Executive Vice President and Group President, Pharmaceuticals$5,239,273

What changed and why

  • Andrew Hider joined Baxter as president and CEO in late August 2025.
  • $29.8MAndrew Hider received total compensation of $29,805,182 for fiscal 2025 including sign-on awards.
  • $6.9MJosé E. Almeida received a lump-sum termination payment equal to $6,890,000 in connection with his separation.
  • 91%Stockholders approved the prior year executive compensation program with approximately 91% support.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.