How Michael was paid
$32.5M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| Robert A. MichaelChairman of the Board and Chief Executive Officer | $1,700,000 | $13,268,456 | $3,199,154 | $5,200,000 | $8,647,081 | $516,293 | $32,530,984 |
| Scott T. ReentsExecutive Vice President, Chief Financial Officer | $1,124,116 | $4,353,512 | $1,049,698 | $2,350,000 | $3,002,879 | $472,797 | $12,353,002 |
| Jeffrey R. StewartExecutive Vice President, Chief Commercial Officer | $1,315,726 | $5,390,310 | $1,299,655 | $2,950,000 | $3,742,237 | $737,376 | $15,435,304 |
| Azita Saleki-GerhardtExecutive Vice President, Chief Operations Officer | $1,052,581 | $3,980,457 | $959,750 | $2,200,000 | $1,778,878 | $820,310 | $10,791,976 |
| Roopal B. ThakkarExecutive Vice President, Research & Development and Chief Scientific Officer | $1,146,154 | $3,980,457 | $959,750 | $2,350,000 | $1,416,715 | $59,767 | $9,912,843 |
What changed and why
- $61.2BTotal net revenues reached $61.2 billion, reflecting 8.5% operational growth compared to 2024.
- $32.5MCEO total compensation was $32,530,984 for fiscal 2025 following his promotion to Chairman and CEO.
- $56.6BGrowth Platform net revenues increased 19.6% to $56.6 billion, driven by double-digit sales growth for nine key assets.
- 93.1%Stockholders expressed strong support for executive compensation with 93.1% approval at the 2025 annual meeting.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.