How Lee was paid
$13M 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 | Incentive | Other | Total |
|---|---|---|---|---|---|
| John T.C. LeePresident and CEO | $1,037,945 | $10,133,327 | $1,751,533 | $39,135 | $12,961,940 |
| Ramakumar MayampurathEVP and CFO | $625,000 | $1,920,714 | $717,188 | $30,416 | $3,293,318 |
| Kathleen F. BurkeEVP, General Counsel, and Secretary | $542,526 | $1,663,978 | $540,862 | $38,255 | $2,785,621 |
| David P. HenryEVP, Global Strategic Marketing, and General Manager, MSD | $525,800 | $1,311,013 | $489,330 | $42,710 | $2,368,853 |
| James A. SchreinerEVP and COO | $541,447 | $1,201,681 | $503,758 | $623,949 | $2,870,835 |
What changed and why
- $13MCEO total compensation increased to $12,961,940 in fiscal 2025 due to higher stock and incentive awards.
- 135%Annual cash incentives for executives were paid at 135% of target based on financial metrics.
- Performance-based RSUs are tied to Adjusted EBITDA and relative total shareholder return metrics.
- The company discontinued perquisites in 2020 except for certain grandfathered international mobility and lease items.
- $74,240The median employee annual total compensation was $74,240.
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.