Robert Parkinson - Baxter International
Total Compensation: $16M
Details: Parkinson received total compensation of $16 million, down form $17.6 million in 2007. According to SEC filings, Parkinson's compensation "reflects the role he plays in establishing Baxter's strategic agenda and long-range plan, meeting the challenges that arise in the day-to-day operations of a company as large and diverse as Baxter and leading the company in an increasingly challenging global economic environment."
The CEO's base salary came to $1.34 million, restricted stock awards totaled $5.54 million, options came to $5.3 million and cash compensation was $2.7 million. Perks leapt from $153,158 in 2007 to $212.326 in 2008.
Baxter News:
FDA finds 'final link' in heparin case [1]
Links:
[1] http://www.fiercepharma.com/story/fda-finds-final-link-heparin-case/2008-07-31
[2] http://www.fiercepharma.com/special-reports/mercks-richard-clark-ceo-pay-0
[3] http://www.fiercepharma.com/special-reports/top-paychecks-big-pharma
[4] http://www.fiercepharma.com/special-reports/david-vasella-novartis