Mylan CEO Heather Bresch's 2019 pay jumps 39% to $19M
Mylan reports 2019 executive compensation
By ExecPay News
Published: June 8, 2020
Mylan reported fiscal year 2019 executive compensation information on June 8, 2020.
In 2019, five Mylan executives received on average a compensation package of $8.7M, a 18% increase compared to previous year.
Average pay of disclosed executives at Mylan
Heather Bresch, Chief Executive Officer, received $19M in total, which increased by 39% compared to 2018. 51% of Bresch's compensation, or $9.5M, was in stock awards. Bresch also received $2.4M of change in pension value and nonqualified deferred compensation earnings, $3.4M in non-equity incentive plan, $1.1M in option awards, $1.5M in salary, as well as $751K in other compensation.
For fiscal year 2019, the median employee pay was $43,367 at Mylan. Therefore, the ratio of Heather Bresch's pay to the median employee pay was 427 to one.
Rajiv Malik, President, received a compensation package of $12M, which increased by 30% compared to previous year. 50% of the compensation package, or $6.2M, was in stock awards.
Anthony Mauro, Chief Commercial Officer, earned $5.7M in 2019, a 29% increase compared to previous year.
Kenneth S. Parks, Chief Financial Officer, received $5.6M in 2019, which increases by 27% compared to 2018.
Daniel M. Gallagher, Chief Legal Officer, earned $1.4M in 2019, a 73% decrease compared to previous year.
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Source: SEC filing on June 8, 2020.