PerkinElmer reports 2018 executive compensation

CEO Robert F. Friel receives $14M

PerkinElmer reported fiscal year 2018 executive compensation information on March 13, 2019.

In 2018, six executives at PerkinElmer received on average a compensation package of $4,566,986, a 10% increase compared to previous year.

Average pay of disclosed executives at PerkinElmer

Robert F. Friel, Chief Executive Officer, received $13,961,376 in total, which increased by 23% compared to 2017. 56.81% of Friel's compensation, or $7,930,767, was in non-equity incentive plan. Friel also received $713,952 of change in pension value and nonqualified deferred compensation earnings, $1,380,793 in option awards, $1,097,030 in salary, $2,765,426 in stock awards, as well as $73,408 in other compensation.

For fiscal year 2018, the median employee pay was $52,594 at PerkinElmer. Therefore, the ratio of Robert F. Friel's pay to the median employee pay was 265 to one.

James M. Mock, Chief Financial Officer, received a compensation package of $4,266,616. 60.72% of the compensation package, or $2,590,621, was in stock awards.

James Corbett, Executive Vice President and President, Discovery and Analytical Solutions, earned $3,622,788 in 2018, a 46% increase compared to previous year.

Joel S. Goldberg, General Counsel, received $3,084,197 in 2018, which increases by 29% compared to 2017.

Prahlad R. Singh, Chief Operating Officer, earned $2,057,894 in 2018, a 14% increase compared to previous year.

Frank A. Wilson, Chief Financial Officer, received $409,047 in 2018, which decreases by 85% compared to 2017.

PerkinElmer's fiscal year ends on January 2.