• Wed news: BioNTech buying Biotheus. FDA’s Califf lists hopes for his successor. Amgen loses $12B market cap from hidden spreadsheet tab. TRex Bio raises $84M. London is Europe’s life science capitol. See more on our front page

Oh Michel - How can you pay yourself over 18 million a year? *120 times its median employee pay

Quote

anonymous

Guest
If the Biogen CEO were truly 'courageous,' he would live with the Medicare decision

Total Compensation for Fiscal Year Ending in 2020: $18,659,829
Salary $1,488,462
Bonus $0
Value of Stock Awards $13,887,064
Value of Option Awards $0
Non-Equity Incentive Plan Compensation $2,565,000
Change in Pension Value and Deferred Compensation Earnings $264,358
All Other Compensation $454,945
Total $18,659,829
Biogen Inc. disclosed its CEO pay was 120 times its median employee's pay for the fiscal year ending in 2020.
 












To answer the thread topic - it’s because the BoD is full of idiots. Michel doesn’t pay himself. Any of us would take $18 million if there were someone stupid enough to pay it. I agree that Michel isn’t worth $18k, much less $18mm, but the BoD who pay him are the true dumb fucks in this equation.
 








He is the heart and soul of Biogen. Come on man it’s not like he beats his wife and holds super spreader events ! He is a one in a life time visionary. Shoulda been paid billions for his commitment to excellence, transparency and diversity.
 








Top Bottom
Back
Quote