Vas Narasimhan Salary Novartis 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
In his first full year as Novartis CEO Vas Narasimhan got a huge pay packet boost 59 to be exact thanks to strong financial performance and major portfolio milestones As the company s 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
Vas Narasimhan Salary Novartis
Vas Narasimhan Salary Novartis
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Novartis CEO Vas Narasimhan Cuts Loose An Old Anchor And Sets Sail With
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Autonomous Yes But Not For Sale Novartis Won t Sell Sandoz CEO
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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 Vas Narasimhan has been chief executive of Novartis since 2018 Tony Luong for The Wall Street Journal By Jared S Hopkins Sept 3 2023 5 30 am ET Listen to article 1 minute Monday
Vasant Vas Narasimhan born August 26 1976 is an Indian American physician and the chief executive officer of Novartis 1 2 3 4 He succeeded Joseph Jimenez who left Novartis in 2018 5 He worked in McKinsey Co and Sandoz before joining Novartis 6 Early life 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
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By Will Smale Business reporter BBC News Leadership is about enabling others to be their best When Vas Narasimhan was told he was being considered for the top job at Swiss drugs giant At Novartis we re reimagining medicine with innovative science and technology to address some of society s most intractable and long standing health issues We discover and develop breakthrough treatments and find new ways to deliver them to as many people as possible around the globe As CEO I ve worked to focus our company and unleash
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Vas Narasimhan Salary Novartis - 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