Miles White - Abbott
Total Compensation: $33.4 million
2007 Revenue: $25.91B
2006 Revenue: $22.47B
Change: 15.3%
Details: White made $33.4 million last year, up 24 percent from 2006. The pay hike was rooted in the value of his stock options: $14.8 million in 2007 versus $8.5 million in 2006. His base salary was virtually the same. White received a little over $1 million in other compensation, which covered $851,678 in pension plan-related payments and $103,292 on personal use of Abbott's aircraft.
Abbott News:
Abbott wins pharma pay prize [1]
Abbott Labs to cut 1,200 jobs [2]
Links:
[1] http://www.fiercepharma.com/story/abbott-wins-pharma-pay-prize-so-far/2008-03-20
[2] http://www.fiercepharma.com/story/abbott-labs-cut-1-200-jobs/2007-12-05
[3] http://www.fiercepharma.com/special-reports/top-17-paychecks-big-pharma
[4] http://www.fiercepharma.com/special-reports/fred-hassan-ceo-pay