Donald E. Morel, Jr., Ph.D., was the CEO of West Pharmaceutical Services, Inc., where he made significant contributions to the company during his leadership from 2005 until his retirement in 2015. Holding a Ph.D. in pharmaceutical sciences, Morel leveraged his...

Number of Employees

10.6K

Year

2015

Total Compensation

$1.97M

Salary

$461.86K

Board Justification

The compensation philosophy emphasizes alignment with shareholder interests and performance-based pay.

Bonus

$537.41K

Board Justification

Actual (above-target) bonus earned only for services as CEO and Chairman of the Board through June 30.

Other

$965.79K

Board Justification

Includes personal retirement benefits, payout of accrued vacation, and the transfer of his company vehicle.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2015 as Dr. Morel's retirement was effective June 30, 2015.

Performance Metrics

Performance metrics for the AIP were based on adjusted diluted EPS and adjusted operating cash flow.

SEC Filing

From March 23, 2016

Donald E. Morel, Jr., Ph.D.

Ex-CEO of West Pharmaceutical Services

DE

Education

Ph.D.

Field of Expertise

Born

June 1, 1951 - 73 years ago

Is Founder?

No

Tenure

10 years 0 months (Jun 2005 - Jul 2015)

Previous Experience

Chairman and Chief Executive Officer