Baxter's Robert Parkinson - CEO Pay

Robert Parkinson, Baxter CEO

Baxter - Robert Parkinson

 

Total Compensation: $17.6M

 

2007 Revenue: $11.3B
2006 Revenue: $10.4B
Change: 8.6%

 

Details: Parkinson's $17.6 million haul was driven primarily by strong company and individual performance in 2007 and 2006. According to the company's proxy statement, Parkinson's compensation "reflects the role he has played in the turnaround of the company since his arrival in 2004." Parkinson gained $1.29M in base salary, $3.75M in stock option awards, and $2.28 in additional pension.

 

Baxter News:
Baxter: Fake heparin predated API
Baxter recalls heparin on adverse events

Baxter's Robert Parkinson - CEO Pay
Read more on

Suggested Articles

Companies considering this avenue must think through potential implications despite the obvious attraction of early access for patients.

BD says a $1.2 billion investment in its pre-filled syringe business will add surge capacity needed to meet demand in future pandemics.

Ad Environment Matters for Message Receptivity