Thermo Fisher Scientific CEO Marc Casper's 2019 pay rises 2% to $19M

Thermo Fisher Scientific reports 2019 executive compensation

By ExecPay News

Published: April 7, 2020

Thermo Fisher Scientific reported fiscal year 2019 executive compensation information on April 7, 2020.
In 2019, seven executives at Thermo Fisher Scientific received on average a compensation package of $7.6M, a 5% decrease compared to previous year.
Average pay of disclosed executives at Thermo Fisher Scientific
Marc N. Casper, Chief Executive Officer, received $19M in total, which increased by 2% compared to 2018. 46% of Casper's compensation, or $8.8M, was in stock awards. Casper also received $4.2M in non-equity incentive plan, $4M in option awards, $1.5M in salary, as well as $573K in other compensation.
For fiscal year 2019, the median employee pay was $80,915 at Thermo Fisher Scientific. Therefore, the ratio of Marc N. Casper's pay to the median employee pay was 235 to one.
Mark P. Stevenson, Chief Operating Officer, received a compensation package of $9.4M, which increased by 12% compared to previous year. 42% of the compensation package, or $4M, was in stock awards.
Michel Lagarde, Executive Vice President, earned $6M in 2019.
Stephen Williamson, Chief Financial Officer, received $5.2M in 2019, which increases by 8% compared to 2018.
Patrick M. Durbin, Former Senior Vice President, earned $5.1M in 2019, a 29% increase compared to previous year.
Gregory J. Herrema, Senior Vice President, received $4.3M in 2019, which increases by 1% compared to 2018.
Syed A. Jafry, Senior Vice President, earned $4M in 2019.

Related executives

Marc Casper

Thermo Fisher Scientific

Chief Executive Officer

Stephen Williamson

Thermo Fisher Scientific

Chief Financial Officer

Mark Stevenson

Thermo Fisher Scientific

Chief Operating Officer

Michel Lagarde

Thermo Fisher Scientific

Executive Vice President

Syed Jafry

Thermo Fisher Scientific

Senior Vice President

Patrick Durbin

Thermo Fisher Scientific

Former Senior Vice President

Gregory Herrema

Thermo Fisher Scientific

Senior Vice President

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Source: SEC filing on April 7, 2020.