Danaher CEO Thomas Joyce's 2018 pay rises 4% to $15M
Danaher reports 2018 executive compensation
By ExecPay News
Published: March 27, 2019
Danaher reported fiscal year 2018 executive compensation information on March 27, 2019.
In 2018, five Danaher executives received on average a compensation package of $7.6M, a 9% decrease compared to previous year.
Average pay of disclosed executives at Danaher
Thomas P Joyce, Jr, Chief Executive Officer, received $15M in total, which increased by 4% compared to 2017. 36% of Joyce's compensation, or $5.5M, was in stock awards. Joyce also received $3.6M in non-equity incentive plan, $4.5M in option awards, $1.2M in salary, as well as $527K in other compensation.
For fiscal year 2018, the median employee pay was $73,425 at Danaher. Therefore, the ratio of Thomas P Joyce, Jr's pay to the median employee pay was 209 to one.
Daniel L. Comas, Chief Financial Officer, received a compensation package of $6.8M, which increased by 2% compared to previous year. 31% of the compensation package, or $2.2M, was in stock awards.
William K. Daniel II, Executive Vice President, earned $6.2M in 2018, a 8% increase compared to previous year.
Rainer M. Blair, Executive Vice President, received $5.1M in 2018, which increases by 20% compared to 2017.
Joakim Weidemanis, Executive Vice President, earned $4.4M in 2018.
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Source: SEC filing on March 27, 2019.