Bayer CEO Bill Anderson took pay cut in 2024 as company kicked off 3-year restructuring

Bayer CEO Bill Anderson took pay cut in 2024 as company kicked off 3-year restructuring

Source: 
Fierce Pharma
snippet: 

Last year marked the beginning of a massive corporate overhaul at Bayer, and along with that restructuring came a year-over-year pay cut for the German conglomerate’s CEO.

In 2024, Bayer CEO Bill Anderson’s total compensation package declined (PDF) about 21% from the prior year to 8.84 million euros ($9.6 million), according to a compensation report published this week.