Kenneth C. Frazier

Merck & Co.

Chairman, President and Chief Executive Officer

Overview

Kenneth C. Frazier received an average compensation of $14,966,052 at Merck & Co. from 2007 to 2018.

Annual data

2018

Non-Equity Incentive Plan$3,061,800
Option Awards$3,901,093
Salary$1,610,577
Stock Awards$9,456,006
Other$2,905,028
Total$20,934,504

In 2018, Kenneth C. Frazier earned a total compensation of $20,934,504 as Chairman, President and Chief Executive Officer at Merck & Co..

Frazier received $9,456,006 in stock awards, which accounts for 45.17% of total compensation.

Frazier also received $3,061,800 in non-equity incentive plan, $3,901,093 in option awards, $1,610,577 in salary and $2,905,028 in other compensation.

Kenneth C. Frazier's Pay$20,934,504
Median Employee's Pay$91,954
Pay Ratio228 : 1

For fiscal year 2018, the annual total compensation for Kenneth C. Frazier was $20,934,504 and for the median employee at Merck & Co. was $91,954. The resulting ratio of Kenneth C. Frazier's pay to the pay of median employee was 228 to one.

2017

Change in Pension Value and Nonqualified Deferred Compensation Earnings$504,658
Non-Equity Incentive Plan$2,686,575
Option Awards$3,750,000
Salary$1,572,212
Stock Awards$8,814,767
Other$314,875
Total$17,643,087

In 2017, Kenneth C. Frazier earned a total compensation of $17,643,087 as Chairman, President and Chief Executive Officer at Merck & Co..

Frazier received $8,814,767 in stock awards, which accounts for 49.96% of total compensation.

Frazier also received $504,658 of change in pension value and nonqualified deferred compensation earnings, $2,686,575 in non-equity incentive plan, $3,750,000 in option awards, $1,572,212 in salary and $314,875 in other compensation.

2016

Change in Pension Value and Nonqualified Deferred Compensation Earnings$4,757,350
Non-Equity Incentive Plan$2,518,425
Option Awards$4,800,002
Salary$1,527,404
Stock Awards$7,875,521
Other$302,468
Total$21,781,170

In 2016, Kenneth C. Frazier earned a total compensation of $21,781,170 as Chairman, President and Chief Executive Officer at Merck & Co..

Frazier received $7,875,521 in stock awards, which accounts for 36.16% of total compensation.

Frazier also received $4,757,350 of change in pension value and nonqualified deferred compensation earnings, $2,518,425 in non-equity incentive plan, $4,800,002 in option awards, $1,527,404 in salary and $302,468 in other compensation.

2015

Change in Pension Value and Nonqualified Deferred Compensation Earnings$4,309,645
Non-Equity Incentive Plan$3,402,000
Option Awards$4,800,000
Salary$1,500,000
Stock Awards$9,912,966
Other$283,472
Total$24,208,083

In 2015, Kenneth C. Frazier earned a total compensation of $24,208,083 as Chairman, President and Chief Executive Officer at Merck & Co..

Frazier received $9,912,966 in stock awards, which accounts for 40.95% of total compensation.

Frazier also received $4,309,645 of change in pension value and nonqualified deferred compensation earnings, $3,402,000 in non-equity incentive plan, $4,800,000 in option awards, $1,500,000 in salary and $283,472 in other compensation.

2014

Change in Pension Value and Nonqualified Deferred Compensation Earnings$3,642,161
Non-Equity Incentive Plan$3,341,250
Option Awards$3,323,244
Salary$1,500,000
Stock Awards$13,025,313
Other$197,402
Total$25,029,370

In 2014, Kenneth C. Frazier earned a total compensation of $25,029,370 as Chairman, President and Chief Executive Officer at Merck & Co..

Frazier received $13,025,313 in stock awards, which accounts for 52.04% of total compensation.

Frazier also received $3,642,161 of change in pension value and nonqualified deferred compensation earnings, $3,341,250 in non-equity incentive plan, $3,323,244 in option awards, $1,500,000 in salary and $197,402 in other compensation.

2013

Change in Pension Value and Nonqualified Deferred Compensation Earnings$917,774
Non-Equity Incentive Plan$1,620,000
Option Awards$3,999,998
Salary$1,500,000
Stock Awards$5,105,338
Other$232,825
Total$13,375,935

In 2013, Kenneth C. Frazier earned a total compensation of $13,375,935 as Chairman, President and Chief Executive Officer at Merck & Co..

Frazier received $5,105,338 in stock awards, which accounts for 38.17% of total compensation.

Frazier also received $917,774 of change in pension value and nonqualified deferred compensation earnings, $1,620,000 in non-equity incentive plan, $3,999,998 in option awards, $1,500,000 in salary and $232,825 in other compensation.

2012

Change in Pension Value and Nonqualified Deferred Compensation Earnings$4,316,762
Non-Equity Incentive Plan$2,500,000
Option Awards$3,799,998
Salary$1,500,000
Stock Awards$3,284,997
Other$57,850
Total$15,459,607

In 2012, Kenneth C. Frazier earned a total compensation of $15,459,607 as Chairman, President and Chief Executive Officer at Merck & Co..

Frazier received $4,316,762 of change in pension value and nonqualified deferred compensation earnings, which accounts for 27.92% of total compensation.

Frazier also received $2,500,000 in non-equity incentive plan, $3,799,998 in option awards, $1,500,000 in salary, $3,284,997 in stock awards and $57,850 in other compensation.

2011

Change in Pension Value and Nonqualified Deferred Compensation Earnings$2,586,840
Non-Equity Incentive Plan$3,096,563
Option Awards$2,999,997
Salary$1,500,000
Stock Awards$3,107,878
Other$56,374
Total$13,347,652

In 2011, Kenneth C. Frazier earned a total compensation of $13,347,652 as Chairman, President and Chief Executive Officer at Merck & Co..

Frazier received $3,107,878 in stock awards, which accounts for 23.28% of total compensation.

Frazier also received $2,586,840 of change in pension value and nonqualified deferred compensation earnings, $3,096,563 in non-equity incentive plan, $2,999,997 in option awards, $1,500,000 in salary and $56,374 in other compensation.

2010

Change in Pension Value and Nonqualified Deferred Compensation Earnings$1,824,565
Non-Equity Incentive Plan$2,149,296
Option Awards$1,899,998
Salary$1,155,614
Stock Awards$2,351,323
Other$58,836
Total$9,439,632

In 2010, Kenneth C. Frazier earned a total compensation of $9,439,632 as Chairman, President and Chief Executive Officer at Merck & Co..

Frazier received $2,351,323 in stock awards, which accounts for 24.91% of total compensation.

Frazier also received $1,824,565 of change in pension value and nonqualified deferred compensation earnings, $2,149,296 in non-equity incentive plan, $1,899,998 in option awards, $1,155,614 in salary and $58,836 in other compensation.

2009

Change in Pension Value and Nonqualified Deferred Compensation Earnings$1,081,703
Non-Equity Incentive Plan$1,317,459
Option Awards$1,072,400
Salary$1,044,688
Stock Awards$459,800
Other$55,919
Total$5,031,969

In 2009, Kenneth C. Frazier earned a total compensation of $5,031,969 as Chairman, President and Chief Executive Officer at Merck & Co..

Frazier received $1,317,459 in non-equity incentive plan, which accounts for 26.18% of total compensation.

Frazier also received $1,081,703 of change in pension value and nonqualified deferred compensation earnings, $1,072,400 in option awards, $1,044,688 in salary, $459,800 in stock awards and $55,919 in other compensation.

2008

Change in Pension Value and Nonqualified Deferred Compensation Earnings$666,911
Non-Equity Incentive Plan$986,155
Option Awards$2,625,840
Salary$1,012,674
Stock Awards$398,700
Other$127,885
Total$5,818,165

In 2008, Kenneth C. Frazier earned a total compensation of $5,818,165 as President and Chief Executive Officer at Merck & Co..

Frazier received $2,625,840 in option awards, which accounts for 45.13% of total compensation.

Frazier also received $666,911 of change in pension value and nonqualified deferred compensation earnings, $986,155 in non-equity incentive plan, $1,012,674 in salary, $398,700 in stock awards and $127,885 in other compensation.

2007

Change in Pension Value and Nonqualified Deferred Compensation Earnings$521,319
Non-Equity Incentive Plan$1,627,150
Option Awards$1,950,706
Salary$876,335
Stock Awards$2,514,588
Other$33,351
Total$7,523,449

In 2007, Kenneth C. Frazier earned a total compensation of $7,523,449 as Executive Vice President and President, Global Human Health at Merck & Co..

Frazier received $2,514,588 in stock awards, which accounts for 33.42% of total compensation.

Frazier also received $521,319 of change in pension value and nonqualified deferred compensation earnings, $1,627,150 in non-equity incentive plan, $1,950,706 in option awards, $876,335 in salary and $33,351 in other compensation.