Danaher CEO Thomas Joyce's 2020 pay slips 8% to $17M

Danaher reports 2020 executive compensation

By ExecPay News

Published: March 25, 2021

Danaher reported fiscal year 2020 executive compensation information on March 25, 2021.
In 2020, seven Danaher executives received on average a compensation package of $8.6M, a 3% decrease compared to previous year.
Average pay of disclosed executives at Danaher
Thomas P Joyce, Jr, Chief Executive Officer, received $17M in total, which decreased by 8% compared to 2019. 37% of Joyce's compensation, or $6.3M, was in stock awards. Joyce also received $6.5K of change in pension value and nonqualified deferred compensation earnings, $3.1M in non-equity incentive plan, $5.5M in option awards, $1.4M in salary, as well as $549K in other compensation.
Joakim Weidemanis, Executive Vice President, received a compensation package of $13M, which increased by 97% compared to previous year. 40% of the compensation package, or $5.1M, was in stock awards.
Rainer M. Blair, Chief Executive Officer, earned $10M in 2020, a 45% increase compared to previous year.
William K. Daniel II, Former Executive Vice President, received $5.7M in 2020, which decreases by 28% compared to 2019.
Matthew R. McGrew, Chief Financial Officer, earned $5.5M in 2020, a 21% increase compared to previous year.
Angela S. Lalor, Senior Vice President, Human Resources, received $5.5M in 2020.
Brian W. Ellis, General Counsel, earned $3.6M in 2020.

Related executives

Rainer Blair

Danaher

Chief Executive Officer

Matthew McGrew

Danaher

Chief Financial Officer

Joakim Weidemanis

Danaher

Executive Vice President

Angela Lalor

Danaher

Senior Vice President, Human Resources

Brian Ellis

Danaher

General Counsel

Thomas Joyce

Danaher

Chief Executive Officer

William Daniel

Danaher

Former Executive Vice President

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Source: SEC filing on March 25, 2021.