Michael E. Severino
2018
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $359,057 |
|---|---|
| Non-Equity Incentive Plan | $1,818,200 |
| Option Awards | $1,002,105 |
| Salary | $1,100,605 |
| Stock Awards | $4,176,037 |
| Other | $151,355 |
| Total | $8,607,359 |
Severino received $4.2M in stock awards, accounting for 49% of the total pay in 2018.
Severino also received $359.1K of change in pension value and nonqualified deferred compensation earnings, $1.8M in non-equity incentive plan, $1M in option awards, $1.1M in salary and $151.4K in other compensation.
Rankings
In 2018, Michael E. Severino's compensation ranked 920th out of 14,244 executives tracked by ExecPay. In other words, Severino earned more than 93.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 920 out of 14,244 | 94th |
Division Manufacturing | 308 out of 5,765 | 95th |
Major group Chemicals And Allied Products | 95 out of 2,128 | 96th |
Industry group Drugs | 73 out of 1,817 | 96th |
Industry Pharmaceutical Preparations | 49 out of 1,391 | 97th |
Pay ratio
| Michael E. Severino's Pay | $8,607,359 |
|---|---|
| Median Employee's Pay | $148,823 |
| Pay Ratio | 58to 1 |
In 2018, the annual total compensation of Michael E. Severino was $8,607,359.
The annual total compensation of the median employee at AbbVie was $148,823.
The ratio of Michael E. Severino's pay to the pay of median employee was therefore 58 to one.
Severino's colleagues
We found five more compensation records of executives who worked with Michael E. Severino at AbbVie in 2018.