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Robert Chai-Onn, $12 million
CEO J. Michael Pearson
- Title: EVP, General Counsel, Corporate Secretary and Head, Corporate & BizDev
- Company: Valeant Pharmaceuticals International
- CEO: J. Michael Pearson
- Pay difference: $5 million
It's been a red hot year for the pharmaceutical market, and Chai-Onn's compensation is also on fire.
Chai-Onn has been with the pharmaceutical company since 2004 and is in charge of its corporate legal teams and activities. While his salary was $1 million less than Pearson's, Chai-Onn was awarded nearly $9.4 million in options. --K.V.
Source: Equilar
Methodology: Equilar, an executive compensation research firm, looked at CEOs at U.S. public companies with more than $1 billion in market capitalization as of the most recent fiscal year end. Chairmen or former CEOs that serve in a higher position than the CEO are not included.
Total compensation is calculated as the sum of base salary, discretionary and performance-based cash bonuses, the grant-date fair value for stock and option awards during the fiscal year, and other compensation like earnings on deferred compensation, benefits and perks. Pensions are not included. Pay data based on companies' fiscal year end of Dec. 2013, the latest data available, unless otherwise noted. Cash compensation and stock and options increases may not add up exactly to total compensation increases due to rounding.
Methodology: Equilar, an executive compensation research firm, looked at CEOs at U.S. public companies with more than $1 billion in market capitalization as of the most recent fiscal year end. Chairmen or former CEOs that serve in a higher position than the CEO are not included.
Total compensation is calculated as the sum of base salary, discretionary and performance-based cash bonuses, the grant-date fair value for stock and option awards during the fiscal year, and other compensation like earnings on deferred compensation, benefits and perks. Pensions are not included. Pay data based on companies' fiscal year end of Dec. 2013, the latest data available, unless otherwise noted. Cash compensation and stock and options increases may not add up exactly to total compensation increases due to rounding.
- Last updated December 18 2014 09:12 AM ET
