Quest Diagnostics CEO Surya Mohapatra's 2007 pay jumps 21% to $11M

Quest Diagnostics reports 2007 executive compensation

By ExecPay News

Published: April 9, 2008

Quest Diagnostics reported fiscal year 2007 executive compensation information on April 9, 2008.
In 2007, five executives at Quest Diagnostics received on average a compensation package of $4.4M, a 20% increase compared to previous year.
Average pay of disclosed executives at Quest Diagnostics
Surya N. Mohapatra, Chief Executive Officer, received $11M in total, which increased by 21% compared to 2006. 38% of Mohapatra's compensation, or $4.3M, was in option awards. Mohapatra also received $1.1M of change in pension value and nonqualified deferred compensation earnings, $1.7M in non-equity incentive plan, $1.1M in salary, $3M in stock awards, as well as $117K in other compensation.
Robert A. Hagemann, Chief Financial Officer, received a compensation package of $3.9M, which increased by 21% compared to previous year. 44% of the compensation package, or $1.7M, was in option awards.
Robert E. Peters, Vice President Sales and Marketing, earned $2.4M in 2007, a 49% increase compared to previous year.
Michael E. Prevoznik, General Counsel, received $2.2M in 2007, which increases by 16% compared to 2006.
Joan E. Miller, Senior Vice President Hospital and Pathology Services, earned $2.1M in 2007.

Related executives

Surya Mohapatra

Quest Diagnostics

Chief Executive Officer

Robert Hagemann

Quest Diagnostics

Chief Financial Officer

Joan Miller

Quest Diagnostics

Former Senior Vice President, Pathology and Neurology

Michael Prevoznik

Quest Diagnostics

General Counsel

Robert Peters

Quest Diagnostics

Vice President Sales and Marketing

You may also like

Source: SEC filing on April 9, 2008.