Baxter - Robert Parkinson

Total Compensation: $17.6M

2007 Revenue: $11.3B
2006 Revenue: $10.4B
Change: 8.6%

Details: Parkinson's $17.6 million haul was driven primarily by strong company and individual performance in 2007 and 2006. According to the company's proxy statement, Parkinson's compensation "reflects the role he has played in the turnaround of the company since his arrival in 2004." Parkinson gained $1.29M in base salary, $3.75M in stock option awards, and $2.28 in additional pension.

Baxter News:
Baxter: Fake heparin predated API [1]
Baxter recalls heparin on adverse events [2]