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How Pharma’s CEO Pay Packages Measure Up

April 24th, 2008 @ 4:42 pm

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Tags: Pharmaceutical Company, David P. Hamilton

Pile of dollarsSince I’ve just spend close to a half-hour flipping through Big Pharma proxy filings, I figured I’d take just a little longer and put together a quick table of the best-paid chief executives in pharma and biotech. Enjoy.

The following data is all taken from 2007 proxy statements issued by the industry’s largest U.S. companies; I’ve linked to the proxies in the following list. (I’d have included European pharmas as well, but they don’t appear to file proxies in the U.S.)

  1. Miles White, Abbott Laboratories: $33.3 million (proxy)
  2. William Weldon, Johnson & Johnson: $31.9 million (proxy)
  3. Fred Hassan, Schering-Plough: $30.3 million (proxy)
  4. Kevin Sharer, Amgen: $19.9 million (proxy)
  5. Richard Clark, Merck: $19.9 million (proxy)
  6. Arthur Levinson, Genentech: $18.2 million (proxy)
  7. Henri Termeer, Genzyme: $14.6 million (proxy)
  8. Sidney Taurel, Eli Lilly: $13.0 million (proxy)
  9. Bernard Poussot, Wyeth: $12.7 million (proxy)
  10. James Cornelius, Bristol-Myers Squibb: $11.3 million (proxy)
  11. John Martin, Gilead Sciences: $10.8 million (proxy)
  12. Jeffrey Kindler, Pfizer: $9.5 million (proxy)
  13. James Mullen, Biogen Idec: $9.0 million (proxy)

(Image by Flickr user velo_city, CC 2.0)

A 14-year veteran of the Wall Street Journal, David P. Hamilton is BNET's Industries editor. Prior to coming to BNET, David founded the LifeScience section of VentureBeat, a news site for the innovation and venture business.

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BNET Pharma provides daily industry news coverage and insights for managers and executives about the major manufacturers of pharmaceuticals and medicine. In addition to detailed company profiles, we bring you critical analysis on new alliances and partnerships, new patents and products, mergers and acquisitions, cost management, investments and deal flow, and a host of other important business issues.

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