Michael E. Severino
2021
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,437,307 |
|---|---|
| Non-Equity Incentive Plan | $2,700,000 |
| Option Awards | $1,061,733 |
| Salary | $1,411,031 |
| Stock Awards | $4,258,823 |
| Other | $181,026 |
| Total | $11,049,920 |
Severino received $4.3M in stock awards, accounting for 39% of the total pay in 2021.
Severino also received $1.4M of change in pension value and nonqualified deferred compensation earnings, $2.7M in non-equity incentive plan, $1.1M in option awards, $1.4M in salary and $181K in other compensation.
Rankings
In 2021, Michael E. Severino's compensation ranked 879th out of 12,415 executives tracked by ExecPay. In other words, Severino earned more than 92.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 879 out of 12,415 | 93rd |
Division Manufacturing | 286 out of 5,505 | 95th |
Major group Chemicals And Allied Products | 96 out of 2,375 | 96th |
Industry group Drugs | 81 out of 2,096 | 96th |
Industry Pharmaceutical Preparations | 52 out of 1,546 | 97th |
Pay ratio
| Michael E. Severino's Pay | $11,049,920 |
|---|---|
| Median Employee's Pay | $149,662 |
| Pay Ratio | 74to 1 |
In 2021, the annual total compensation of Michael E. Severino was $11,049,920.
The annual total compensation of the median employee at AbbVie was $149,662.
The ratio of Michael E. Severino's pay to the pay of median employee was therefore 74 to one.
Severino's colleagues
We found four more compensation records of executives who worked with Michael E. Severino at AbbVie in 2021.