Kevin W. Sharer served as the CEO of Amgen, one of the leading biotechnology companies, from 2000 until 2012. He had a solid track record, helping the company grow its annual revenues from $3.3 billion in 1999 to $14.6 billion...

Number of Employees

26.7K

Year

2012

Total Compensation

$6.18M

Salary

$1.81M

Board Justification

The compensation philosophy is designed to align executive compensation with company performance and market benchmarks, targeting the median of peer group compensation.

Bonus

$0.00

Board Justification

Pro-rata portion of annual CEO cash incentive award earned for 2012, reflecting service through May 2012.

Other

$1.36M

Board Justification

Includes perquisites and other compensation such as secretarial, information technology and travel support provided until December 31, 2017.

Restricted Stock

$3.02M(3.66M RSUs and performance units)

Board Justification

Value of performance units and RSUs granted during 2012, based on actual performance and vesting conditions met.

Performance Metrics

Performance metrics for 2012 included revenue growth, adjusted net income, and total shareholder return compared to peers.

SEC Filing

From April 8, 2013

Kevin W. Sharer

Ex-CEO of Amgen

KW

Education

Bachelor's degree from the University of California, Santa Barbara and an MBA from the University of California, Los Angeles.

Field of Expertise

Business & Management

Born

November 26, 1951 - 73 years ago

Is Founder?

No

Tenure

12 years 0 months (May 2000 - May 2012)

Previous Experience

President and Chief Operating Officer at Amgen