PerkinElmer CEO Robert Friel's 2019 pay rises 18% to $16M
PerkinElmer reports 2019 executive compensation
By ExecPay News
Published: March 11, 2020
PerkinElmer reported fiscal year 2019 executive compensation information on March 11, 2020.
In 2019, six executives at PerkinElmer received on average a compensation package of $5.2M, a 15% increase compared to previous year.
Robert F. Friel, Chief Executive Officer, received $16M in total, which increased by 18% compared to 2018. 35% of Friel's compensation, or $5.7M, was in non-equity incentive plan. Friel also received $4.1M of change in pension value and nonqualified deferred compensation earnings, $1.4M in option awards, $1.1M in salary, $4.1M in stock awards, as well as $76K in other compensation.
For fiscal year 2019, the median employee pay was $46,161 at PerkinElmer. Therefore, the ratio of Robert F. Friel's pay to the median employee pay was 357 to one.
Prahlad R. Singh, Chief Operating Officer, received a compensation package of $4.1M, which increased by 100% compared to previous year. 41% of the compensation package, or $1.7M, was in stock awards.
James Corbett, Executive Vice President and President, Discovery and Analytical Solutions, earned $4M in 2019, a 11% increase compared to previous year.
Joel S. Goldberg, General Counsel, received $2.9M in 2019, which decreases by 7% compared to 2018.
James M. Mock, Chief Financial Officer, earned $2.1M in 2019, a 50% decrease compared to previous year.
Deborah Butters, Chief Human Resources Officer, received $1.9M in 2019.
PerkinElmer's fiscal year ends on December 29.
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