PerkinElmer CEO Robert Friel's 2018 pay jumps 23% to $14.0M

PerkinElmer reports 2018 executive compensation

Published: March 13, 2019

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 $4.6M, a 10% increase compared to previous year.

Average pay of disclosed executives at PerkinElmer

Robert F. Friel, Chief Executive Officer, received $14M in total, which increased by 23% compared to 2017. 56.81% of Friel's compensation, or $7.9M, was in non-equity incentive plan. Friel also received $714K of change in pension value and nonqualified deferred compensation earnings, $1.4M in option awards, $1.1M in salary, $2.8M in stock awards, as well as $73.4K 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 $4.3M. 60.72% of the compensation package, or $2.6M, was in stock awards.

James Corbett, Executive Vice President and President, Discovery and Analytical Solutions, earned $3.6M in 2018, a 46% increase compared to previous year.

Joel S. Goldberg, General Counsel, received $3.1M in 2018, which increases by 29% compared to 2017.

Prahlad R. Singh, Chief Operating Officer, earned $2.1M in 2018, a 14% increase compared to previous year.

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

PerkinElmer's fiscal year ends on January 2.