Johnson & Johnson's Bill Weldon - CEO Pay

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Bill Weldon, Johnson and Johnson CEO title=

Bill Weldon - Johnson & Johnson

Total Compensation: $29.4M

Details: Weldon, who came in second in year's CEO pay report, once again pulled down one of the largest paychecks in Big Pharma. His earnings were down slightly from his $30.6M haul in 2007, due primarily in a drop in option awards from $7.6M to $4.2M.

Weldon's other compensation totaled $184,165, which included personal use J&J's ($154,045); car and driver for commutation and other personal transportation ($26,595); executive dining room meals; and home security system monitoring fees. It was reported earlier this year that Weldon turned down a merit-pay increase in his base salary for 2009. The compensation committee had offered him the increase, but Weldon recommended that his base salary remain at $1.8 million.

J&J News:
J&J to cut 900 jobs, mostly in sales
J&J chief turns down pay raise
J&J revenue sees first decline in 76 years