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April 24, 2008 7:42 PM

How Pharma's CEO Pay Packages Measure Up

By
David Hamilton
(MoneyWatch)  Pile of dollarsSince 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.)
  1. Miles White, Abbott Laboratories: $33.3 million (proxy)
  2. William Weldon, Johnson & Johnson: $31.9 million (proxy)
  3. Fred Hassan, Schering-Plough: $30.3 million (proxy)
  4. Kevin Sharer, Amgen: $19.9 million (proxy)
  5. Richard Clark, Merck: $19.9 million (proxy)
  6. Arthur Levinson, Genentech: $18.2 million (proxy)
  7. Henri Termeer, Genzyme: $14.6 million (proxy)
  8. Sidney Taurel, Eli Lilly: $13.0 million (proxy)
  9. Bernard Poussot, Wyeth: $12.7 million (proxy)
  10. James Cornelius, Bristol-Myers Squibb: $11.3 million (proxy)
  11. John Martin, Gilead Sciences: $10.8 million (proxy)
  12. Jeffrey Kindler, Pfizer: $9.5 million (proxy)
  13. James Mullen, Biogen Idec: $9.0 million (proxy)
(Image by Flickr user velo_city, CC 2.0)

© 2008 CBS Interactive Inc.. All Rights Reserved.
  • 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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