alex gorsky salary 2019
Bar-Zohar had led late-stage clinical development across a variety of areas — neuroscience, immunology, oncology and ophthalmology, among others — before joining the migration of talent out of the Basel-based multinational. Phebe Novakovic• Most recent annual compensation: $20.7 million• Company: General Dynamics• Revenue: $31.0 billion• Number of employees: 98,800, 29.
46. Then they partnered a year ago. The other therapies in the study were hydroxychloroquine, lopinavir and interferon. If share prices have increased since the original award, a CEO could earn much more than originally cited by their companies. Alex Gorsky • Most recent annual compensation: $18.2 million • Company: Johnson & Johnson • Revenue: $76.5 billion • Number of employees: 134,000. Just 21 of the 231 companies analyzed by BioPharma Dive were led by a woman in 2019 — a situation little changed from previous years despite ambitious goals set by industry trade group BIO. Johnson & Johnson is a global American company engaged in developing and manufacturing pharma products, medical devices, and consumer packaged goods.
A long-haul biotech with some impressive backers and big goals recruits a major league R&D exec to the helm. Gorsky’s decline in fortunes still leaves him a close second on the list of top earners in his echelon of execs, right behind AbbVie chief Richard Gonzalez, who’s been riding the Humira gravy train while developing new drugs. Oscar Munoz• Most recent annual compensation: $10.5 million• Company: United Continental Holdings• Revenue: $37.7 billion• Number of employees: 89,800, 94. RELATED: J&J chief Alex Gorsky nabbed $25M pay package in year marked by legal controversy. Kenneth Frazier• Most recent annual compensation: $20.9 million• Company: Merck• Revenue: $40.1 billion• Number of employees: 69,000, 27. Can biopharma recover? Tim Cook• Most recent annual compensation: $15.7 million• Company: Apple• Revenue: $229.2 billion• Number of employees: 123,000, 66. 2019 total pay: $25.37 million2018 total pay: $20.1 million Percentage change: 26.2%. Gregory Hayes• Most recent annual compensation: $17.6 million• Company: United Technologies• Revenue: $59.8 billion• Number of employees: 204,700, 49. Large pharma companies, with their vast workforces, often have wide gaps between what their CEO is paid and what their employees take home. On an average basis, compensation among the 21 female CEOs is actually higher than in the broader group due to the outlier pay packages for United's Rothblatt and UroGen's Barrett. Darren Woods• Most recent annual compensation: $18.8 million• Company: Exxon Mobil• Revenue: $244.4 billion• Number of employees: 71,200, 39. James Dimon• Most recent annual compensation: $31.0 million• Company: J.P. Morgan Chase• Revenue: $113.9 billion• Number of employees: 252,539, 4. Steve MollenKopf• Most recent annual compensation: $20.0 million• Company: Qualcomm• Revenue: $22.9 billion• Number of employees: 33,800, 32. He offered safety data on dozens of drugs covering a gamut of ailments — from diabetes, asthma, pediatric illnesses, adolescent smoking, cirrhosis, scabies, depression to opioid addiction. After conducting a large clinical trial looking into remdesivir and three other treatments, the WHO has found that none had any substantial effect on improving mortality rates, reducing the amount of patients needing ventilators or shortening hospital stays. J&J is headquartered in New Brunswick, New Jersey, United States.J&J CEO Alex Gorsky earned $20,097,572 as total compensation including salary, bonus, and … Since we were most interested in drugmakers, we removed two dozen companies involved primarily in genetic sequencing or diagnostics, as well as contract research organizations. Because companies included in the data analysis have widely different sized workforces, taking a median estimate of a group of median employees can only be a rough estimate of what median pay in the industry might be. Among the 124 companies in the dataset that reported the metric, the median CEO pay ratio is 31:1. Joaquin Duato, the vice chairman of the executive committee, grabbed a compensation package worth $9.3 million, a $10 million plunge. Thomas Wilson• Most recent annual compensation: $18.7 million• Company: Allstate• Revenue: $38.5 billion• Number of employees: 42,680, 42. All rights reserved. Marvin Ellison• Most recent annual compensation: $14.3 million• Company: Lowe's• Revenue: $68.6 billion• Number of employees: 255,000, 73. Gorsky’s overall pay dropped last year, and the company is facing a difficult year ahead as it stares down patent expirations and multiple lawsuits related to its involvement in opioid manufacturing as well as accusations that its talc baby powder causes cancer. Which platform businesses can be selected for this research? For this story, BioPharma Dive created a representative industry group of 231 publicly traded biotechnology and pharmaceutical companies. Joseph Gorder• Most recent annual compensation: $18.8 million• Company: Valero Energy• Revenue: $88.4 billion• Number of employees: 10,015, 40. Johnson & Johnson CEO Alex Gorsky secured $9.96 million in stock awards and $4.05 million in options for 2019, both a bit smaller than the awards he snared for 2018. Over the past 2 years Astellas has been moving closer and closer to a Berkeley startup called iota Biosciences. The median was $4.8 million, while the average was just under $7 million. Mark Parker• Most recent annual compensation: $9.5 million• Company: Nike• Revenue: $34.4 billion• Number of employees: 74,400, 96. The pay for Mylan CEO Heather Bresch, for example, was $18.5 million, nearly 430 times that of the drugmaker's median employee. The upswing was broad-based, driven both by sharply higher pay among leaders of smaller, research-focused biotechs, as well as by healthy increases for those at more sizable companies. Hubert Joly• Most recent annual compensation: $16.8 million• Company: Best Buy• Revenue: $42.2 billion• Number of employees: 125,000, 57. James Gorman• Most recent annual compensation: $28.2 million• Company: Morgan Stanley• Revenue: $43.6 billion• Number of employees: 57,633, 6. The partners are well behind the lead mRNA vaccines from Pfizer/BioNTech and Moderna, both still in the running to offer pivotal data in the next weeks. The best compensated biotech CEO by total annual pay in 2019, United Therapeutics' Martine Rothblatt, would rank 7th among all chief executives in the S&P 500, according to data compiled by The Wall Street Journal. Dirk Van de Put• Most recent annual compensation: $15.0 million• Company: Mondelez International• Revenue: $25.9 billion• Number of employees: 90,000, 70. 3 Speen Street, Suite 300, Framingham, MA 01701. Lance• Most recent annual compensation: $23.4 million• Company: ConocoPhillips• Revenue: $32.6 billion• Number of employees: 11,400, 14. https://thehealthcaretechnologyreport.com/alex-gorsky-is-the-all-american-ceo Press Release from South Rampart Pharma, LLC, By signing up to receive our newsletter, you agree to our, High prices fuel pharma profits. His family members include his parents' father, Albert Gorsky, and mother Loretta Gorsky and five siblings. While those issues may be drawing more attention than before, the company leaders working to address them in the drug industry remain mostly white and male. The CEO secured $9.96 million in stock awards and $4.05 million in options, both a bit smaller than the awards he snared for 2018. Indra Nooyi• Most recent annual compensation: $24.5 million (stepped down)• Company: PepsiCo• Revenue: $62.8 billion• Number of employees: 263,000, 10. Mark Zuckerberg plans to tell you how social network is going to give your privacy back. And that clears the way to a Phase I/II launch before the end of this year. Bruce D. Broussard• Most recent annual compensation: $16.3 million• Company: Humana• Revenue: $53.8 billion• Number of employees: 45,900, 62. Rometty• Most recent annual compensation: $17.6 million• Company: IBM• Revenue: $79.1 billion• Number of employees: 366,000, 50. David Abney• Most recent annual compensation: $15.1 million• Company: UPS• Revenue: $65.9 billion• Number of employees: 346,415, 69. The company is lead by CEO Alex Gorsky since April 2012. Compared to high drug prices, rising executive compensation at biotechnology and pharmaceutical companies has passed without as much scrutiny, even as CEOs benefit handsomely from the sector's steady growth. Companies report these totals on an annual basis as well, calculating the value "realized" by an executive. Usatoday June 2020: Total 2019 CEO compensation: $25.4 millionUsatoday May 2019 Most recent annual compensation $18.2 million (company's revenue: $76.5 billion). The 10th best paid drugmaker CEO in BioPharma Dive's data set, Amgen's Robert Bradway, ranks 83rd. Mark Bertolini• Most recent annual compensation: $18.8 million• Company: Aetna (since sold to CVS)• Revenue: $60.5 billion• Number of employees: 47,950, 41. Pay packages for many CEOs, therefore, are often lumpy, growing by millions or tens of millions of dollars one year, and falling the next. "It's hard to compare across companies," Saliba said. Chief executive officers are the highest-ranking – and often highest-profile – employees of any company or organization. With regulators, drugmakers and payers pulling in similar directions, real-world evidence is likely to become a more central feature of drug development despite its many shortcomings. Stock granted in the past may vest in waves, or a CEO may buy new shares by exercising options awarded previously. There are even some major companies where CEOs make over 1,000 times what their employees make. The prostate cancer drug Zytiga, however, wasn't so fortunate, thanks to generic competition. A few weeks ago Kite and Allogene founder Arie Belldegrun jumped into the expanded syndicate for a Boston-based biotech called Dewpoint Therapeutics — a Polaris-birthed venture that’s styled itself as a drug development pioneer out to craft a major pipeline. Steven Collis• Most recent annual compensation: $11.5 million• Company: AmerisourceBergen• Revenue: $153.1 billion• Number of employees: 19,500, 90.
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