Glad to see those 1400 unemployed payed off Danny Boy !!
Daniel Vasella - 2010 CEO Pay
April 27, 2011 — 8:07am ET | By Erica Teichert
Daniel Vasella - Novartis
Total Compensation: $27 million
Details: Although Novartis official documents place Daniel Vasella's 2010 pay at 8 million francs, or $8.5 million, the company didn't consider his $12.8 million one-time retirement payout. Ethos, an activist shareholder company, determined Vasella's total pay for 2010 was 25 million francs, or $27 million. In multiple previous years, Vasella has made upwards of $21 million, according to the Wall Street Journal.
Vasella's final CEO paycheck--he handed the reins over to Joe Jiminez in January 2010--left stockholders in a frenzy. At the company's annual meeting, 38 percent rejected his compensation.
Daniel Vasella - 2010 CEO Pay
April 27, 2011 — 8:07am ET | By Erica Teichert
Daniel Vasella - Novartis
Total Compensation: $27 million
Details: Although Novartis official documents place Daniel Vasella's 2010 pay at 8 million francs, or $8.5 million, the company didn't consider his $12.8 million one-time retirement payout. Ethos, an activist shareholder company, determined Vasella's total pay for 2010 was 25 million francs, or $27 million. In multiple previous years, Vasella has made upwards of $21 million, according to the Wall Street Journal.
Vasella's final CEO paycheck--he handed the reins over to Joe Jiminez in January 2010--left stockholders in a frenzy. At the company's annual meeting, 38 percent rejected his compensation.