Sundar PichaiSundar Pichai earned $164M in 2023

Marc N. Casper has been leading Thermo Fisher Scientific since October 2009. He climbed the company ladder starting as Senior Vice President in 2003, which gives him a deep understanding of the business. Marc has a Bachelor’s degree in Biology...

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Marc N. Casper

CEO of Thermo Fisher Scientific

Education

Bachelor's degree in Biology from the University of California, San Diego

Field of Expertise

Healthcare & Life Sciences - Life Sciences

Sector of Economy

Healthcare

Born

August 1, 1965 - 59 years ago

CEO of Thermo Fisher Scientific for

15 years 5 months (Oct 2009 - Present)

Previous Experience

Executive Vice President and Chief Operating Officer at Thermo Fisher Scientific

Holdings

See how much did Marc N. Casper make over time.

Marc N. Casper has made substantial investments in Thermo Fisher Scientific. As of now, he owns more than 131,000 shares, worth over $100 million, which shows his confidence in the company's future. His major holdings began to build from options...

Mar 18, 2025

Total Stock Sold

$705.34M

TMO

$705.34M

2,498,888 TMO shares

What if they kept their stock?

If Marc N. Casper didn't sell their stock, today they would have:
Extra TMO2,498,888 shares worth $793.10M.
This is 12.44% and $87.76M more than what they got when they sold the stock.

Charitable Transactions

TMO

223,855 shares

TMO

Recent Charitable Transactions

TMO

2,750 shares

TMO

Feb 14, 2025

Charity

TMO

2,000 shares

TMO

Mar 11, 2024

Charity

TMO

6,000 shares

TMO

Nov 29, 2023

Charity

TMO

9,300 shares

TMO

Aug 3, 2023

Charity

TMO

9,300 shares

TMO

Feb 9, 2023

Charity

TMO

5,000 shares

TMO

May 2, 2022

Charity

Insider Trading

See recent insider trades of Marc N. Casper.

TMO

$9.34M

TMO at $518.81/share

Mar 4, 2025

Sale

TMO

23,736 shares

TMO

Feb 19, 2025

Received

TMO

2,750 shares

TMO

Feb 14, 2025

Charity

TMO

$10.63M

TMO at $531.45/share

Dec 2, 2024

Sale

TMO

$4.98M

TMO at $552.95/share

Nov 8, 2024

Sale

TMO

$11.17M

TMO at $558.28/share

Nov 6, 2024

Sale

TMO

$3.25M

TMO at $556.37/share

Nov 1, 2024

Sale

TMO

$11.00M

TMO at $549.86/share

Oct 30, 2024

Sale

TMO

$11.06M

TMO at $553.11/share

Oct 28, 2024

Sale

TMO

$12.19M

TMO at $609.32/share

Sep 3, 2024

Sale

Compensation History

See how much did Marc N. Casper make over time.

In 2023, Marc N. Casper earned a total of $2.6 million from Thermo Fisher Scientific. His base salary was $1.73 million, complemented by performance bonuses, which reward him for meeting ambitious company goals related to revenue and net income. Interestingly, his compensation structure features a significant amount of 'at-risk' pay; if he doesn't meet performance targets, portions of his bonuses and stock options can get cut. In previous years, like 2020 and 2021, his bonus payouts were notably high, reflecting exceptional company performance. However, in 2023, bonuses were lower due to unmet targets. This method not only motivates him to drive company growth, but demonstrates an alignment of his interests with those of shareholders. Overall, Marc’s earnings are closely tied to Thermo Fisher’s success, reinforcing a leadership approach that prioritizes performance over guaranteed payouts.

Year

2023

Total Compensation

$5.08M

Salary

$1.73M

Board Justification

The compensation philosophy emphasizes performance-based pay that aligns with shareholder interests, with a significant portion of total compensation being at-risk and tied to financial and strategic performance metrics.

Bonus

$2.62M

Board Justification

The annual incentive plan paid out at 72.2% of target based on performance metrics including organic revenue growth, adjusted net income, and free cash flow, along with non-financial strategic measures.

Other

$730.24K

Board Justification

Includes matching contributions to the 401(k) plan, long-term disability insurance premiums, matching contributions to the non-qualified deferred compensation plan, dividends accrued on restricted stock units, personal security services, and non-business use of company aircraft.

Restricted Stock

$0.00(0 RSU)

Board Justification

No performance-based restricted stock units were vested in 2023 as the performance metrics were not met, resulting in cancellation of the awards.

Performance Metrics

The performance metrics for 2023 included organic revenue growth, adjusted net income, free cash flow, and non-financial strategic measures.

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