Thermo Fisher Scientific (TMO) executive compensation, 2026 proxy

Marc N. Casper, Chairman, President and Chief Executive Officer, was paid $79.9M in 2025, up 162% from $30.4M the year before. The CEO-to-median-employee pay ratio was 1,120:1, on median employee pay of $71,333.

Filed
April 7, 2026
Pay year
2025
Named executives
5
CEO total pay
$79.9M+162% vs prior year
CEO to median employee
1,120:1median $71,333
CEO pay in equity
92%$73.7M in awards
CEO Total Compensation
$79.9MIncludes retention grant
Revenue
$44.56B4% increase
Adjusted EPS
$22.875% growth
Free Cash Flow
$6.34BGenerated in 2025
Capital Deployed
$16.5BM&A and shareholder return

How Casper was paid

$79.9M 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.

Salary2%Stock awards82%Option awards10%Non-equity incentive5%All other compensation1%

Named executive officers

ExecutiveTotal
Marc N. CasperChairman, President and Chief Executive Officer$79,923,350
Stephen WilliamsonSenior Vice President and Chief Financial Officer$6,781,012
Michel LagardeExecutive Vice President and Chief Operating Officer$8,907,174
Gianluca PettitiExecutive Vice President$8,080,467
Frederick LoweryExecutive Vice President$6,575,821

What changed and why

  • $79.9MMarc N. Casper received total compensation of $79,923,350 in 2025, driven significantly by a performance-based CEO retention grant.
  • $44.56BRevenue increased by 4% to $44.56 billion and adjusted EPS grew 5% to $22.87.
  • $16.5BThe company deployed approximately $16.5 billion in strategic M&A and capital return.
  • 56%Shareholder outreach engaged representatives holding over 56% of outstanding shares following previous vote feedback.

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.