(0) John Lechleiter received compensation (<=)

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Anonymous

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Feb 04, 2011 - CNBC

INDIANAPOLIS - Eli Lilly and Co. Chairman and CEO John Lechleiter received compensation valued at $12.7 million last year, down 22 percent from 2009 largely due to a change in how the drugmaker handles equity awards.

The maker of the antipsychotic Zyprexa and the antidepressant Cymbalta gave Lechleiter, 57, a salary of $1.5 million, according to a proxy statement filed Friday afternoon with the Securities and Exchange Commission.

He also received a performance-based cash bonus of $3 million, down 16 percent from 2009. A company spokesman said the bonus is based on the company's sales and earnings-per-share performance compared to a peer group, and Lilly exceeded that group by a higher margin in 2009 than it did last year.

Lechleiter received equity awards valued at about $8.2 million last year, down 27 percent from a total of nearly $11.3 million in 2009.

http://www.cnbc.com/id/41432541/Eli_Lilly_CEO_Lechleiter_sees_2010_pay_fall_22_pct
 






How anyone in a "leadership" position could accept a cash bonus at times like these is simply infuriating. But that may be the intended effect.

Screw the bonus, just fire his a$$ now.


Anonymous said:
Feb 04, 2011 - CNBC

INDIANAPOLIS - Eli Lilly and Co. Chairman and CEO John Lechleiter received compensation valued at $12.7 million last year, down 22 percent from 2009 largely due to a change in how the drugmaker handles equity awards.

The maker of the antipsychotic Zyprexa and the antidepressant Cymbalta gave Lechleiter, 57, a salary of $1.5 million, according to a proxy statement filed Friday afternoon with the Securities and Exchange Commission.

He also received a performance-based cash bonus of $3 million, down 16 percent from 2009. A company spokesman said the bonus is based on the company's sales and earnings-per-share performance compared to a peer group, and Lilly exceeded that group by a higher margin in 2009 than it did last year.

Lechleiter received equity awards valued at about $8.2 million last year, down 27 percent from a total of nearly $11.3 million in 2009.

http://www.cnbc.com/id/41432541/Eli_Lilly_CEO_Lechleiter_sees_2010_pay_fall_22_pct
Click to expand...
 






Anonymous said:
Feb 04, 2011 - CNBC

INDIANAPOLIS - Eli Lilly and Co. Chairman and CEO John Lechleiter received compensation valued at $12.7 million last year, down 22 percent from 2009 largely due to a change in how the drugmaker handles equity awards.

The maker of the antipsychotic Zyprexa and the antidepressant Cymbalta gave Lechleiter, 57, a salary of $1.5 million, according to a proxy statement filed Friday afternoon with the Securities and Exchange Commission.

He also received a performance-based cash bonus of $3 million, down 16 percent from 2009. A company spokesman said the bonus is based on the company's sales and earnings-per-share performance compared to a peer group, and Lilly exceeded that group by a higher margin in 2009 than it did last year.

Lechleiter received equity awards valued at about $8.2 million last year, down 27 percent from a total of nearly $11.3 million in 2009.

http://www.cnbc.com/id/41432541/Eli_Lilly_CEO_Lechleiter_sees_2010_pay_fall_22_pct
Click to expand...

I earn more because I contribute more to the success of this unsinkable ship. The HITS on my PM are proof that I rule by example.

$$ JL $$
 




































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