Free Newsletter
Ranking pharma's highest-paid execs
If you want to see how pharma's CEO pay stacks up against other big companies' compensation, check out the Wall Street Journal's executive compensation survey out today. As the WSJ Health Blog notes, Big Pharma's biggest paycheck went to Abbott Laboratories' Miles White, who nabbed an $18 million-plus package. Sounds like a lot until you hear how much Motorola's CEO got in 2008: An eye-popping $104 million.
Yep, Johnson & Johnson's Bill Weldon ($17.55 million), Merck's Dick Clark ($17.25 million), and Bristol-Myers Squibb's Jim Cornelius ($17.2 million) came in close behind White's $18 million figure. (Clustered all together, too, on the WSJ's list.) Pfizer's Jeff Kindler isn't far behind with $16.6 million.
But as lopsided as some pharma executives' pay may seem when compared with company performance--and at a time when the human toll of job cuts numbers in the thousands--it can't be nearly as scandalous as what's on top of that 200-CEO list. Is that the all-but-insolvent Citigroup's Vikram Pandit up there at No. 3 with almost $50 million? Or Philip Morris' CEO Louis Camilleri near the top with more than $38 million? Read the numbers and weep.
- check out the Health Blog post
- see the pay list at the WSJ
Related Articles:
Mylan execs' pay leaps by 41%
Biogen chief earns $11.3M
More millions for Wyeth chief Poussot
Bristol, Allergan chiefs nab big raises
Abbott chief's pay drops 15% to $28.3M
Pfizer chief's pay leaps 17% to $14.8M
J&J chief paid $23M; Amgen's got $14.5M
Paid Research Reports
- Trends in mHealth and Telemedicine
- The Global Aesthetic Dermatology Market Outlook
- Future Directions in Regenerative Medicine
- Pipeline Insight: Insulin Antidiabetics – Novel analogs show promise as alternative delivery methods prove less attractive
- Pipeline Insight: Non-insulin Antidiabetics - Rise of the weight-reducers: Once-weekly GLP-1 agonists and novel SGLT-2 inhibitor
- Forecast Insight: Antidiabetics - Diabetes market growth driven by epidemiological trends and rich pipeline


SHARE
WITH: