Quest Diagnostics CEO Surya Mohapatra's 2008 pay rises 1% to $11M

Quest Diagnostics reports 2008 executive compensation

By ExecPay News

Published: April 5, 2011

Quest Diagnostics reported fiscal year 2008 executive compensation information on April 5, 2011.
In 2008, five executives at Quest Diagnostics received on average a compensation package of $4.5M, a 3% 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 1% compared to 2007. 40% of Mohapatra's compensation, or $4.5M, was in stock awards. Mohapatra also received $1.6M of change in pension value and nonqualified deferred compensation earnings, $1.9M in non-equity incentive plan, $2M in option awards, $1.1M in salary, as well as $109K in other compensation.
Robert A. Hagemann, Chief Financial Officer, received a compensation package of $4M, which increased by 2% compared to previous year. 47% of the compensation package, or $1.9M, was in stock awards.
Joan E. Miller, Senior Vice President Hospital and Pathology Services, earned $2.6M in 2008, a 23% increase compared to previous year.
Michael E. Prevoznik, General Counsel, received $2.4M in 2008, which increases by 10% compared to 2007.
Wayne R. Simmons, Vice President Operations, earned $2.2M in 2008.

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

Wayne Simmons

Quest Diagnostics

Vice President Operations

Michael Prevoznik

Quest Diagnostics

General Counsel

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Source: SEC filing on April 5, 2011.