Abbott's Miles White - CEO Pay

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Miles White, Abbott CEO

Miles White - Abbott

Total Compensation: $28.3M

Details: Abbot's White topped our 2007 CEO salary list with $33.4 million in pay. This year, with a 15 percent drop in pay, White takes the number two spot. White's base salary was $1.8 million for 2008, up from $1.7 million in 2007; his incentive cash ran to $4.2 million this year versus $4.05 million the year before. So White took in almost $6 million cash in 2008, with the rest in stocks, options, pension and other compensation, compared with $5.73 million in cash for 2007. His 2007 stock and option awards were lots bigger, though: $8.75 million in stock for 2007 versus $7.58 million for 2008, and $14.77 million in options versus $10.76 million.

Other perks include $139,683 for use of the corporate jet, up from 2007's bill of  $103,292. White also spent $180,467 on security.

Abbott News:
Ranking pharma's highest-paid execs
'Most Respected CEO' goes to Genentech, Abbott
Abbott chief's pay drops 15% to $28.3M