John C. Lechleiter led Eli Lilly & Co. from 2008 to 2016, starting his journey there in 1979 as a senior organic chemist. Rising through the ranks, he became the CEO while focusing on areas like pharmaceuticals and corporate development....

Number of Employees

43K

Year

2015

Total Compensation

$13.05M

Salary

$1.50M

Board Justification

The compensation philosophy is designed to attract and retain talented individuals while aligning executive compensation with company performance and shareholder interests.

Bonus

$3.62M

Board Justification

The annual cash bonus is based on company performance in three areas: revenue, EPS, and pipeline progress, with a maximum payout of 150% of the target based on performance metrics.

Other

$90.00K

Board Justification

This includes company matching contributions for the 401(k) plan and other benefits.

Restricted Stock

$7.84M(106.63K RSU)

Board Justification

The stock awards that vested in 2015 were based on performance awards from previous years, specifically the 2014-2016 performance period, with a payout of 150% of target due to exceeding EPS growth targets.

Performance Metrics

The performance metrics for determining the CEO's compensation include revenue growth, earnings per share (EPS), and progress on the company's pipeline.

SEC Filing

From March 20, 2017