Thermo Fisher Scientific CEO Marc Casper's 2018 pay slips 16% to $19M
Thermo Fisher Scientific reports 2018 executive compensation
By ExecPay News
Published: April 9, 2019
Thermo Fisher Scientific reported fiscal year 2018 executive compensation information on April 9, 2019.
In 2018, five executives at Thermo Fisher Scientific received on average a compensation package of $8M, a 18% decrease compared to previous year.
Marc N. Casper, Chief Executive Officer, received $19M in total, which decreased by 16% compared to 2017. 43% of Casper's compensation, or $8M, was in stock awards. Casper also received $4.7M in non-equity incentive plan, $3.9M in option awards, $1.5M in salary, as well as $555K in other compensation.
For fiscal year 2018, the median employee pay was $79,275 at Thermo Fisher Scientific. Therefore, the ratio of Marc N. Casper's pay to the median employee pay was 235 to one.
Mark P. Stevenson, Chief Operating Officer, received a compensation package of $8.4M, which decreased by 32% compared to previous year. 44% of the compensation package, or $3.7M, was in stock awards.
Stephen Williamson, Chief Financial Officer, earned $4.8M in 2018, a 7% decrease compared to previous year.
Gregory J. Herrema, Senior Vice President, received $4.3M in 2018, which decreases by 15% compared to 2017.
Patrick M. Durbin, Senior Vice President, earned $3.9M in 2018, a 8% decrease compared to previous year.
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Marc Casper
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Thermo Fisher Scientific