Abbott Laboratories CEO Miles White's 2019 pay rises 15% to $28M
Abbott Laboratories reports 2019 executive compensation
By ExecPay News
Published: March 13, 2020
Abbott Laboratories reported fiscal year 2019 executive compensation information on March 13, 2020.
In 2019, six executives at Abbott Laboratories received on average a compensation package of $12M, a 17% increase compared to previous year.
Average pay of disclosed executives at Abbott Laboratories
Miles D. White, Chief Executive Officer, received $28M in total, which increased by 15% compared to 2018. 27% of White's compensation, or $7.6M, was in option awards. White also received $5.7M of change in pension value and nonqualified deferred compensation earnings, $4.4M in non-equity incentive plan, $1.9M in salary, $7.6M in stock awards, as well as $664K in other compensation.
For fiscal year 2019, the median employee pay was $84,434 at Abbott Laboratories. Therefore, the ratio of Miles D. White's pay to the median employee pay was 329 to one.
Robert B. Ford, Chief Operating Officer, received a compensation package of $12M, which increased by 46% compared to previous year. 29% of the compensation package, or $3.5M, was in option awards.
Brian B. Yoor, Chief Financial Officer, earned $9M in 2019, a 18% increase compared to previous year.
Hubert L. Allen, General Counsel, received $7.5M in 2019, which increases by 2% compared to 2018.
Lisa D. Earnhardt, Executive Vice President, Medical Devices, earned $7.5M in 2019.
Daniel G. Salvadori, Executive Vice President, Nutritional Products, received $6.8M in 2019, which increases by 14% compared to 2018.
Related executives
Miles White
Abbott Laboratories
Chairman
Robert Ford
Abbott Laboratories
Chief Executive Officer
Brian Yoor
Abbott Laboratories
Chief Financial Officer
Lisa Earnhardt
Abbott Laboratories
Executive Vice President, Medical Devices
Daniel Salvadori
Abbott Laboratories
Executive Vice President, Nutritional Products
Hubert Allen
Abbott Laboratories
General Counsel
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Source: SEC filing on March 13, 2020.