Michael E. Severino
2015
In 2015, Michael E. Severino earned a total compensation of $6.6M as Executive Vice President, Research & Development and Chief Scientific Officer at AbbVie, a 43% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $228,599 |
|---|---|
| Non-Equity Incentive Plan | $1,238,700 |
| Option Awards | $1,040,621 |
| Salary | $918,077 |
| Stock Awards | $3,111,604 |
| Other | $66,204 |
| Total | $6,603,805 |
Severino received $3.1M in stock awards, accounting for 47% of the total pay in 2015.
Severino also received $228.6K of change in pension value and nonqualified deferred compensation earnings, $1.2M in non-equity incentive plan, $1M in option awards, $918.1K in salary and $66.2K in other compensation.
Rankings
In 2015, Michael E. Severino's compensation ranked 1,068th out of 13,638 executives tracked by ExecPay. In other words, Severino earned more than 92.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,068 out of 13,638 | 92nd |
Division Manufacturing | 378 out of 5,187 | 93rd |
Major group Chemicals And Allied Products | 133 out of 1,857 | 93rd |
Industry group Drugs | 101 out of 1,531 | 93rd |
Industry Pharmaceutical Preparations | 83 out of 1,179 | 93rd |
Source: SEC filing on March 21, 2016.
Severino's colleagues
We found four more compensation records of executives who worked with Michael E. Severino at AbbVie in 2015.