Mylan CEO Heather Bresch's 2018 pay rises 5% to $13M
Mylan reports 2018 executive compensation
By ExecPay News
Published: May 24, 2019
Mylan reported fiscal year 2018 executive compensation information on May 24, 2019.
In 2018, five Mylan executives received on average a compensation package of $7.4M, a 2% increase compared to previous year.
Average pay of disclosed executives at Mylan
Heather Bresch, Chief Executive Officer, received $13M in total, which increased by 5% compared to 2017. 55% of Bresch's compensation, or $7.3M, was in stock awards. Bresch also received $2.6M in non-equity incentive plan, $1.8M in option awards, $1.3M in salary, as well as $332K in other compensation.
For fiscal year 2018, the median employee pay was $42,407 at Mylan. Therefore, the ratio of Heather Bresch's pay to the median employee pay was 314 to one.
Rajiv Malik, President, received a compensation package of $9.5M, which increased by 9% compared to previous year. 50% of the compensation package, or $4.8M, was in stock awards.
Daniel M. Gallagher, Chief Legal Officer, earned $5.3M in 2018, a 28% decrease compared to previous year.
Anthony Mauro, Chief Commercial Officer, received $4.5M in 2018, which increases by 6% compared to 2017.
Kenneth S. Parks, Chief Financial Officer, earned $4.4M in 2018, a 32% increase compared to previous year.
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Source: SEC filing on May 24, 2019.