Quintiles Transnational Holdings reports 2018 executive compensation
CEO Ari Bousbib receives $16.5M
Quintiles Transnational Holdings reported fiscal year 2018 executive compensation information on February 21, 2019.
In 2018, six executives at Quintiles Transnational Holdings received on average a compensation package of $4,544,206, a 52% decrease compared to previous year.Average pay of disclosed executives at Quintiles Transnational Holdings
Ari Bousbib, Chief Executive Officer, received $16,461,779 in total, which decreased by 57% compared to 2017. 38.27% of Bousbib's compensation, or $6,300,000, was in non-equity incentive plan. Bousbib also received $476,553 of change in pension value and nonqualified deferred compensation earnings, $3,637,456 in option awards, $1,600,000 in salary, $3,911,254 in stock awards, as well as $536,516 in other compensation.
For fiscal year 2018, the median employee pay was $90,097 at Quintiles Transnational Holdings. Therefore, the ratio of Ari Bousbib's pay to the median employee pay was 183 to one.
Michael R. McDonnell, Chief Financial Officer, received a compensation package of $2,566,555, which decreased by 40% compared to previous year. 25.39% of the compensation package, or $651,772, was in stock awards.
James H. Erlinger III, General Counsel, earned $2,404,214 in 2018, a 119% increase compared to previous year.
W. Richard Staub, III, President, Research & Development Solutions, received $2,243,057 in 2018, which increases by 20% compared to 2017.
Kevin C. Knightly, President, Technology Commercial Solutions, earned $2,190,182 in 2018, a 10% increase compared to previous year.
Eric M. Sherbet, General Counsel, received $1,399,451 in 2018.