Ian C. Read was the CEO of Pfizer Inc. from 2010 to 2018, where he played a huge role in expanding the company's global business. Under his leadership, Pfizer focused on linking executive pay to company performance, making sure that...

Current Market Cap

$162.46B

Number of Employees

88K

Total Compensation

2014 - 2018

Trending up by 12.48% last year
Showing total compensation for the last 2014 - 2018

Stock

Up by 0.00% last year

Salary

Up by 1.52% last year

Bonus

Up by 15.38% last year

Other

Up by 42.23% last year

Year

2018

Total Compensation

$5.67M

Salary

$2.00M

Board Justification

Pfizer's compensation philosophy is designed to align executive pay with performance, ensuring that a significant portion of total compensation is at risk and tied to the company's financial and operational success.

Bonus

$3.00M

Board Justification

The annual incentive award for 2018 was based on performance metrics including revenue, adjusted diluted EPS, and cash flow from operations, with a total payout of $3,000,000.

Other

$671.85K

Board Justification

Other compensation includes perquisites such as financial counseling, home security, and personal use of company aircraft.

Restricted Stock

$0.00(0 TSRUs)

Board Justification

No stock awards vested in 2018 as the focus is on the performance share awards and stock options that are not included in the total compensation calculation.

Performance Metrics

The performance metrics for determining Ian Read's compensation included total revenue, adjusted diluted EPS, and cash flow from operations.

SEC Filing

From March 14, 2019

Ian C. Read

Ex-CEO of Pfizer

IC

Education

Bachelor's degree in Economics from the University of Strathclyde and an MBA from the Wharton School of the University of Pennsylvania

Field of Expertise

Healthcare & Life Sciences - Pharmaceuticals

Born

March 21, 1954 - 70 years ago

Is Founder?

No

Tenure

8 years 0 months (Dec 2010 - Dec 2018)

Previous Experience

Joined Pfizer in 1978, held various positions including President of Worldwide Pharmaceutical Operations.

View Holdings

Insider Holdings of Ian C. Read

PFEVTRS

$47.39M

-$1.82M (-3.70%)

Last Insider Trade

KMB

700 shares

KMB

Dec 14, 2020

Charity