Michael E. Severino
2020
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,910,985 |
|---|---|
| Non-Equity Incentive Plan | $2,700,000 |
| Option Awards | $1,390,831 |
| Salary | $1,369,923 |
| Stock Awards | $5,822,401 |
| Other | $216,918 |
| Total | $13,411,058 |
Severino received $5.8M in stock awards, accounting for 43% of the total pay in 2020.
Severino also received $1.9M of change in pension value and nonqualified deferred compensation earnings, $2.7M in non-equity incentive plan, $1.4M in option awards, $1.4M in salary and $216.9K in other compensation.
Rankings
In 2020, Michael E. Severino's compensation ranked 512th out of 13,090 executives tracked by ExecPay. In other words, Severino earned more than 96.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 512 out of 13,090 | 96th |
Division Manufacturing | 179 out of 5,618 | 97th |
Major group Chemicals And Allied Products | 62 out of 2,251 | 97th |
Industry group Drugs | 54 out of 1,951 | 97th |
Industry Pharmaceutical Preparations | 39 out of 1,456 | 97th |
Pay ratio
| Michael E. Severino's Pay | $13,411,058 |
|---|---|
| Median Employee's Pay | $155,772 |
| Pay Ratio | 86to 1 |
In 2020, the annual total compensation of Michael E. Severino was $13,411,058.
The annual total compensation of the median employee at AbbVie was $155,772.
The ratio of Michael E. Severino's pay to the pay of median employee was therefore 86 to one.
Severino's colleagues
We found four more compensation records of executives who worked with Michael E. Severino at AbbVie in 2020.