PERRIGO Co CEO Murray Kessler's 2020 pay rises 1% to $11M

PERRIGO Co reports 2020 executive compensation

By ExecPay News

Published: April 1, 2021

PERRIGO Co reported fiscal year 2020 executive compensation information on April 1, 2021.
In 2020, five PERRIGO Co executives received on average a compensation package of $4.4M, a 9% decrease compared to previous year.
Average pay of disclosed executives at PERRIGO Co
Murray S. Kessler, Chief Executive Officer, received $11M in total, which increased by 1% compared to 2019. 71% of Kessler's compensation, or $7.7M, was in stock awards. Kessler also received $1.9M in non-equity incentive plan, $1.2M in salary, as well as $69K in other compensation.
For fiscal year 2020, the median employee pay was $93,355 at PERRIGO Co. Therefore, the ratio of Murray S. Kessler's pay to the median employee pay was 117 to one.
Raymond P. Silcock, Executive Vice, received a compensation package of $3.4M, which decreased by 3% compared to previous year. 60% of the compensation package, or $2M, was in stock awards.
Svend Andersen, Executive Vice President, President Consumer Healthcare, earned $2.5M in 2020, a 2% increase compared to previous year.
Richard S. Sorota, Executive Vice President, President Consumer Healthcare America, received $2.5M in 2020.
Todd W. Kingma, Executive Vice President, General, earned $2.5M in 2020, a 1% increase compared to previous year.

Related executives

Murray Kessler

PERRIGO Co

Chief Executive Officer

Raymond Silcock

PERRIGO Co

Executive Vice

Svend Andersen

PERRIGO Co

Executive Vice President, President Consumer Healthcare

Todd Kingma

PERRIGO Co

Executive Vice President, General

Richard Sorota

PERRIGO Co

Executive Vice President, President Consumer Healthcare America

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Source: SEC filing on April 1, 2021.