A massive haul for AbbVie's CEO under new pay disclosure rules: 'Compensation actually paid' to Richard Gonzalez topped $67 million, more than double his pay calculated under the old method.

Autor:	Davis, Katherine (AUTHOR)
Předmět:	DISCLOSURE, BUSINESS enterprises, INDUSTRIAL costs, CORPORATE profits, STOCK options, INVESTORS
Zdroj:	Crain's Chicago Business. 3/13/2023, Vol. 46 Issue 11, p3-3. 1p.
Abstrakt:	Pharmaceutical giant AbbVie paid CEO Richard Gonzalez more than $67 million in cash and stock awards last year, a staggering sum that reflects a new executive compensation disclosure requirement. A massive haul for AbbVie's CEO under new pay disclosure rules: "Compensation actually paid" to Richard Gonzalez topped $67 million, more than double his pay calculated under the old method For Gonzalez, that increased the value of his equity awards to $60 million for 2022, compared with $19 million under the old compensation rules. [Extracted from the article]
Databáze:	Regional Business News
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