Viatris (VTRS) executive compensation, 2025 proxy

Scott A. Smith, Chief Executive Officer, was paid $14.8M in 2024, down 7% from $15.9M the year before. The CEO-to-median-employee pay ratio was 304:1, on median employee pay of $48,598.

Filed
October 24, 2025
Pay year
2024
Named executives
6
CEO total pay
$14.8M-7% vs prior year
CEO to median employee
304:1median $48,598
CEO pay in equity
66%$9.8M in awards
CEO stock awards
$9,800,0212024 Summary Compensation Table
CEO incentive pay
$2,940,000Annual short-term incentive plan
CEO PRSU target value
$6,370,0102024 grant-date fair value
CEO PRSU maximum value
$12,421,528If performance goals maximized
Median employee pay
$48,598Annual total compensation

How Smith was paid

$14.8M in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary9%Stock awards66%Non-equity incentive20%All other compensation4%

Named executive officers

ExecutiveTotal
Scott A. SmithChief Executive Officer$14,759,379
Doretta MistrasChief Financial Officer$6,373,692
Corinne Le GoffChief Commercial Officer$5,915,394
Paul CampbellChief Accounting Officer and Corporate Controller$5,515,290
Brian RomanChief Legal Officer$4,689,304
Sanjeev NarulaFormer Chief Financial Officer$5,249,151

What changed and why

  • $14.8M$14,759,379 was CEO Scott A. Smith’s 2024 total compensation, compared with $15,930,409 in 2023.
  • 304:1 was Viatris’ 2024 CEO-to-median-employee pay ratio.
  • 163.92%163.92% bonus funding would have resulted from 2024 performance before Compensation Committee discretion.
  • 140%140% was the reduced 2024 annual incentive funding after negative discretion.
  • 110%110% of target became the 2025 maximum Adjusted EBITDA objective, versus 105% historically.
  • 10%10% was the 2025 annual incentive weighting for Global Regulatory Submissions, reduced from 20%.

Other Viatris proxy statements

  • 2026 proxy statement

    Scott A. Smith paid $15.3M (+3% on the year), pay ratio 327:1.

    Filed Apr 02, 2026

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.