PerkinElmer CEO Robert Friel's 2018 pay jumps 23% to $14M

PerkinElmer reports 2018 executive compensation

By ExecPay News

Published: March 13, 2019

PerkinElmer reported fiscal year 2018 executive compensation information on March 13, 2019.
In 2018, six executives at PerkinElmer received on average a compensation package of $4.6M, a 10% increase compared to previous year.
Average pay of disclosed executives at PerkinElmer
Robert F. Friel, Chief Executive Officer, received $14M in total, which increased by 23% compared to 2017. 57% of Friel's compensation, or $7.9M, was in non-equity incentive plan. Friel also received $714K of change in pension value and nonqualified deferred compensation earnings, $1.4M in option awards, $1.1M in salary, $2.8M in stock awards, as well as $73K in other compensation.
For fiscal year 2018, the median employee pay was $52,594 at PerkinElmer. Therefore, the ratio of Robert F. Friel's pay to the median employee pay was 265 to one.
James M. Mock, Chief Financial Officer, received a compensation package of $4.3M. 61% of the compensation package, or $2.6M, was in stock awards.
James Corbett, Executive Vice President and President, Discovery and Analytical Solutions, earned $3.6M in 2018, a 46% increase compared to previous year.
Joel S. Goldberg, General Counsel, received $3.1M in 2018, which increases by 29% compared to 2017.
Prahlad R. Singh, Chief Operating Officer, earned $2.1M in 2018, a 14% increase compared to previous year.
Frank A. Wilson, Chief Financial Officer, received $409K in 2018, which decreases by 85% compared to 2017.
PerkinElmer's fiscal year ends on December 29.

Related executives

Robert Friel

PerkinElmer

Chief Executive Officer

James Mock

PerkinElmer

Chief Financial Officer

James Corbett

PerkinElmer

Executive Vice President and President, Discovery and Analytical Solutions

Joel Goldberg

PerkinElmer

General Counsel

Prahlad Singh

PerkinElmer

Chief Executive Officer

Frank Wilson

PerkinElmer

Chief Financial Officer

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Source: SEC filing on March 13, 2019.