Sundar PichaiSundar Pichai earned $164M in 2023
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John C. Lechleiter

Ex-CEO of Eli Lilly

Education

Ph.D. in Organic Chemistry from Harvard University

Born

May 20, 1952 - 72 years ago

Economy Sector

Healthcare

Tenure

8 years 8 months (Apr 2008 - Dec 2016)

Previous Experience

President and Chief Operating Officer of Eli Lilly & Co.

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....

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.