Danaher CEO Thomas Joyce's 2019 pay rises 18% to $18M
Danaher reports 2019 executive compensation
By ExecPay News
Published: March 25, 2020
Danaher reported fiscal year 2019 executive compensation information on March 25, 2020.
In 2019, five Danaher executives received on average a compensation package of $8.9M, a 17% increase compared to previous year.
Average pay of disclosed executives at Danaher
Thomas P Joyce, Jr, Chief Executive Officer, received $18M in total, which increased by 18% compared to 2018. 38% of Joyce's compensation, or $6.8M, was in stock awards. Joyce also received $8.5K of change in pension value and nonqualified deferred compensation earnings, $4M in non-equity incentive plan, $5.5M in option awards, $1.3M in salary, as well as $566K in other compensation.
For fiscal year 2019, the median employee pay was $74,672 at Danaher. Therefore, the ratio of Thomas P Joyce, Jr's pay to the median employee pay was 244 to one.
William K. Daniel II, Executive Vice President, received a compensation package of $8M, which increased by 29% compared to previous year. 36% of the compensation package, or $2.9M, was in stock awards.
Rainer M. Blair, Executive Vice President, earned $7.2M in 2019, a 41% increase compared to previous year.
Joakim Weidemanis, Executive Vice President, received $6.4M in 2019, which increases by 43% compared to 2018.
Matthew R. McGrew, Chief Financial Officer, earned $4.6M in 2019.
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Source: SEC filing on March 25, 2020.