Bristol Myers to CEO Caforio: Good job on Celgene so far, but you'll have to work for your raise

Bristol Myers to CEO Caforio: Good job on Celgene so far, but you'll have to work for your raise

Source: 
Fierce Pharma
snippet: 

Bristol Myers Squibb's top shareholders offered advice to the company as to how it should revise its executive compensation in light of the company's $74 billion merger with Celgene. As a result of those discussions, the value of CEO Giovanni Caforio's dipped slightly to $18.8 million, as both his short-term and long-term incentives were tied to a successful integration.