Novartis Ceo Vas Narasimhan Salary

Novartis Ceo Vas Narasimhan Salary Narasimhan s base salary did increase by 5 5 over 2019 s level but it was the annual bonus a large part of which was tied to Novartis financial performance last year that turned out to be

For Schwan his total pay grew 4 in 2021 Where Narasimhan s and Schwan s 2021 pays rank among their peers remains to be seen as Novartis and Roche are typically the first companies to report However Novartis CEO Vas Narasimhan and Gilead Sciences CEO Daniel O Day whose company jumped due to early success with Remdesivir against COVID 19 saw significant boosts in their base salary 29 8 and 34 4 respectively Two CEOs saw a decline in their base salary

Novartis Ceo Vas Narasimhan Salary

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Novartis Ceo Vas Narasimhan Salary
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According to the Novartis annual report released last week Narasimhan who has been at the company s helm for the past four years received a base salary of 1 916 521 28 last year In 2020 Narasimhan s base salary was 1 886 000 He received 8 324 680 80 in various stock options and 1 439 259 60 in cash incentives Introduction CEO s letter Novartis in Society Our approach Performance against the incentive targets combined with base salary and other benefits pension Alcon Keep Whole awards and dividend equivalents resulted in 2021 total realized compensation for the CEO of CHF 11 224 727 Vasant Narasimhan 1 769 200 442 132 2 657 267 6

Performance against incentive targets combined with base salary and other benefits and pension resulted in 2022 total realized compensation for the CEO of CHF 8 452 176 This is a reduction of 24 7 compared to 2021 driven mainly by lower payout of the Long Term Performance Plan LTPP More details on CEO performance and compensation are Vas Narasimhan has been chief executive of Novartis since 2018 Tony Luong for The Wall Street Journal Monday afternoons at Swiss drugmaker Novartis now feature the Ronny Gal Show Starting at 2

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Vasant NarasimhanCHF10 381 792 in total compensation as Chief Executive Officer at Novartis in 2020 CHF1 743 750 was received as Total Cash CHF8 349 099 was received as Equity and CHF288 943 was received as Pension and other forms of compensation This information is derived from proxy statements filed for the 2020 fiscal year I was shocked says Vas At first I didn t really know what to make of it it was never in my plan to become the CEO of a huge company And then I felt exhilarated Yes it was scary as

Roche RHHBF CEO Severin Schwan 2021 remuneration increased to CHF11 49M compared to CHF11 03M in 2020 Meanwhile the total compensation for Novartis NVS CEO Vasant Narasimhan Total pay for CEO Vas Narasimhan includes US 1 93m salary The total compensation is similar to the average for the industry Novartis EPS grew by 1 7 over the past three years while total shareholder return over the past three years was 5 8 Under the guidance of CEO Vas Narasimhan Novartis AG has performed reasonably well recently As

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Novartis Ceo Vas Narasimhan Salary - Introduction CEO s letter Novartis in Society Our approach Performance against the incentive targets combined with base salary and other benefits pension Alcon Keep Whole awards and dividend equivalents resulted in 2021 total realized compensation for the CEO of CHF 11 224 727 Vasant Narasimhan 1 769 200 442 132 2 657 267 6