April 24, 2008 7:42 PM
- Text
How Pharma's CEO Pay Packages Measure Up
(MoneyWatch)
Since I've just spend close to a half-hour flipping through Big Pharma proxy filings, I figured I'd take just a little longer and put together a quick table of the best-paid chief executives in pharma and biotech. Enjoy.
The following data is all taken from 2007 proxy statements issued by the industry's largest U.S. companies; I've linked to the proxies in the following list. (I'd have included European pharmas as well, but they don't appear to file proxies in the U.S.)
Since I've just spend close to a half-hour flipping through Big Pharma proxy filings, I figured I'd take just a little longer and put together a quick table of the best-paid chief executives in pharma and biotech. Enjoy.The following data is all taken from 2007 proxy statements issued by the industry's largest U.S. companies; I've linked to the proxies in the following list. (I'd have included European pharmas as well, but they don't appear to file proxies in the U.S.)
- Miles White, Abbott Laboratories: $33.3 million (proxy)
- William Weldon, Johnson & Johnson: $31.9 million (proxy)
- Fred Hassan, Schering-Plough: $30.3 million (proxy)
- Kevin Sharer, Amgen: $19.9 million (proxy)
- Richard Clark, Merck: $19.9 million (proxy)
- Arthur Levinson, Genentech: $18.2 million (proxy)
- Henri Termeer, Genzyme: $14.6 million (proxy)
- Sidney Taurel, Eli Lilly: $13.0 million (proxy)
- Bernard Poussot, Wyeth: $12.7 million (proxy)
- James Cornelius, Bristol-Myers Squibb: $11.3 million (proxy)
- John Martin, Gilead Sciences: $10.8 million (proxy)
- Jeffrey Kindler, Pfizer: $9.5 million (proxy)
- James Mullen, Biogen Idec: $9.0 million (proxy)
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David Hamilton is the assistant managing editor of CNET News. He has been writing and editing business and tech coverage for about two decades -- the majority of that at the Wall Street Journal in both Tokyo and San Francisco.
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