Fred Hassan
2008
In 2008, Fred Hassan earned a total compensation of $18.1M as Former Chairman of the Board and Chief Executive Officer at Merck & Co., a 31% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,926,752 |
|---|---|
| Non-Equity Incentive Plan | $3,387,150 |
| Option Awards | $5,007,610 |
| Salary | $1,720,250 |
| Stock Awards | $5,477,850 |
| Other | $620,266 |
| Total | $18,139,878 |
Hassan received $5.5M in stock awards, accounting for 30% of the total pay in 2008.
Hassan also received $1.9M of change in pension value and nonqualified deferred compensation earnings, $3.4M in non-equity incentive plan, $5M in option awards, $1.7M in salary and $620.3K in other compensation.
Rankings
In 2008, Fred Hassan's compensation ranked 98th out of 9,135 executives tracked by ExecPay. In other words, Hassan earned more than 98.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 98 out of 9,135 | 99th |
Division Manufacturing | 29 out of 3,436 | 99th |
Major group Chemicals And Allied Products | 5 out of 815 | 99th |
Industry group Drugs | 5 out of 597 | 99th |
Industry Pharmaceutical Preparations | 5 out of 408 | 99th |
Source: SEC filing on April 12, 2010.
Hassan's colleagues
We found eight more compensation records of executives who worked with Fred Hassan at Merck & Co. in 2008.
2008
Richard Clark
Merck & Co.
Chairman
2008
Thomas Koestler
Merck & Co.
Former Executive Vice President and President, Schering-Plough Research Institute
2008
Carrie Cox
Merck & Co.
Former Executive Vice President and President, Global Pharmaceuticals
2008
Kenneth Frazier
Merck & Co.
Chief Executive Officer
2008
Robert Bertolini
Merck & Co.
Chief Financial Officer
2008
Peter Kim
Merck & Co.
Executive Vice President and President, Merck Research Laboratories
2008
Peter Kellogg
Merck & Co.
Chief Financial Officer
2008
Bruce Kuhlik
Merck & Co.