Sanofi-Aventis' Gerard Le Fur - CEO Pay

Gerard Le Fur, Former Sanofi-Aventis CEOGerard Le Fur - Sanofi-Aventis

Total Compensation: $3.3M

Details: After years with Sanofi, Le Fur was ousted as CEO last year following clashes with Board Chairman Jean-Francois Dehecq. On top of the $3.3 million he received for the 11 months he headed the company in 2008, Le Fur received a $3.51 million parachute. His contract called for a severance equivalent to 24 months of his final compensation, but the Board decided that since Le Fur had been at the helm less than two years, he only deserved half of that. Chris Viehbacher took over as CEO December 1, 2008, but Le Fur agreed to stay on as a consultant for $64,765 per month.

For his one month as chief, Viehbacher received $129,530 in base salary and an additional $7,793 for moving expenses, health coverage for him and his family and tax prep services.

Sanofi-Aventis News: 
Sanofi and Zentiva - Top 10 deals of 2008
Sanofi-Aventis - Biotech Market Share Report
GSK's Viehbacher picked as Sanofi CEO
Analysts: Look for shake-up at Sanofi
Sanofi-Aventis expands its R&D work in China

Sanofi-Aventis' Gerard Le Fur - CEO Pay
Read more on

Suggested Articles

Alnylam is ready to follow on its Onpattro launch with an FDA nod for Givlaari. But the drug's safety profile is giving analysts reason to pause.

FDA nominee Stephen Hahn faced questions from Senators on Wednesday on topics including drug pricing, biosimilars, opioids and more.

BMS’ Opdivo-Yervoy combo been game-changing in late-stage melanoma. But when it comes to expanding the pair’s reach, the company has hit a roadblock.