Michael E. Severino

2019

In 2019, Michael E. Severino earned a total compensation of $9.5M as Vice Chairman and President at AbbVie, a 10% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$1,525,091
Non-Equity Incentive Plan$2,400,000
Option Awards$808,642
Salary$1,330,000
Stock Awards$3,199,248
Other$245,467
Total$9,508,448

Severino received $3.2M in stock awards, accounting for 34% of the total pay in 2019.

Severino also received $1.5M of change in pension value and nonqualified deferred compensation earnings, $2.4M in non-equity incentive plan, $808.6K in option awards, $1.3M in salary and $245.5K in other compensation.

Rankings

In 2019, Michael E. Severino's compensation ranked 816th out of 13,971 executives tracked by ExecPay. In other words, Severino earned more than 94.2% of executives.

ClassificationRankingPercentile
All
816
out of 13,971
94th
Division
Manufacturing
286
out of 5,698
95th
Major group
Chemicals And Allied Products
80
out of 2,197
96th
Industry group
Drugs
66
out of 1,883
97th
Industry
Pharmaceutical Preparations
54
out of 1,395
96th

Pay ratio

Michael E. Severino's Pay$9,508,448
Median Employee's Pay$155,885
Pay Ratio

61

to 1

In 2019, the annual total compensation of Michael E. Severino was $9,508,448.

The annual total compensation of the median employee at AbbVie was $155,885.

The ratio of Michael E. Severino's pay to the pay of median employee was therefore 61 to one.

Source: SEC filing on March 23, 2020.

Severino's colleagues

We found four more compensation records of executives who worked with Michael E. Severino at AbbVie in 2019.

2019

Richard Gonzalez

AbbVie

Chief Executive Officer

2019

Laura Schumacher

AbbVie

Chief Legal Officer

2019

Carlos Alban

AbbVie

Chairman

2019

Robert Michael

AbbVie

Chief Financial Officer

News

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