CEO total pay
$32,758,111
J. Duato · 2025
Say on pay
92%
Latest disclosed shareholder vote
CEO pay ratio
Item 402(u)360 to 1
Item 402(u) section may live outside the CD&A
Compensation committee
CD&ACompensation & Benefits Committee
Per the latest proxy
Filings indexed: 2 · 2026 · 2025
Executive pay
What did they pay them?
From the Summary Compensation Table. Pay mix and YoY are computed from these rows.
| Executive | Role | TotalYoY | Pay mix | Salary | Stock | Cash incentive | Other |
|---|---|---|---|---|---|---|---|
J. Duato2025 compensation | Chairman/CEO | $32,758,111↑ 35% | 92% at-risk | $1,600,000 | $15,028,948 | $4,298,700 | $601,231 |
J. Wolk2025 compensation | EVP, CFO | $14,405,442↑ 14% | 89% at-risk | $1,240,646 | $6,263,486 | $1,860,560 | $115,222 |
J. Taubert2025 compensation | EVP, WWC Innovative Medicine | $14,030,063↑ 25% | 89% at-risk | $1,220,308 | $6,160,665 | $2,002,750 | $89,963 |
J. Reed2025 compensation | EVP, Innovative Medicine, R&D | $12,214,062↑ 31% | 88% at-risk | $1,220,308 | $6,160,665 | $1,810,000 | $135,076 |
T. Schmid2025 compensation | EVP, WWC, MedTech | $9,336,765↓ 21% | 86% at-risk | $942,308 | $3,422,473 | $1,507,800 | $88,059 |
Pay mix: base cash incentive equity other
CD&A excerpt
Compensation discussion & analysis
Opening passage of the loaded filing's CD&A. Use Ask below to query the full text with citations.
Read the full CD&A on SEC.gov ↗
Peer comparison
Who they benchmark against
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Peer Group
23 members · 9 in ProxyMiner
ABBV · AbbVie Inc.ALC · ALCON INCBeiersdorf AGAMGN · AMGEN INCBLCO · Bausch & Lomb CorpCL · COLGATE PALMOLIVE COBSX · BOSTON SCIENTIFIC CORPL'Oreal S.A.BMY · BRISTOL MYERS SQUIBB COCOO · COOPER COMPANIES, INC.PG · PROCTER & GAMBLE CoLLY · ELI LILLY & CoISRG · INTUITIVE SURGICAL INCReckitt Benckiser Group plcGlaxoSmithKline plcMDT · Medtronic plcMRK · Merck & Co., Inc.SNN · SMITH & NEPHEW PLCNVS · NOVARTIS AGSYK · STRYKER CORPPFE · PFIZER INCZBH · ZIMMER BIOMET HOLDINGS, INC.Roche Holding LtdPeer Group
18 members · 16 in ProxyMiner
ABT · ABBOTT LABORATORIESABBV · AbbVie Inc.AMGN · AMGEN INCT · AT&T INC.BA · BOEING COBMY · BRISTOL MYERS SQUIBB COCSCO · CISCO SYSTEMS, INC.LLY · ELI LILLY & CoGILD · GILEAD SCIENCES, INC.INTC · INTEL CORPIBM · INTERNATIONAL BUSINESS MACHINES CORPMDT · Medtronic plcMRK · Merck & Co., Inc.MSFT · MICROSOFT CORPPFE · PFIZER INCPG · PROCTER & GAMBLE CoRTX · RTX CorpJNJ · JOHNSON & JOHNSON
Governance
Policy guardrails
hedging
prohibited
“Our Policy Against Pledging, Hedging and Short Selling of Company Stock prohibits directors and executive officers from pledging, entering into hedging arrangements, short selling or transacting in derivative instruments…”
pledging
prohibited
“Our Policy Against Pledging, Hedging and Short Selling of Company Stock prohibits directors and executive officers from pledging, entering into hedging arrangements, short selling or transacting in derivative instruments…”
clawback
present
“recoupment policy applicable to our named executive officers”
stock ownership guidelines
present
“Stock ownership guidelines for named executive officers”
compensation consultant
independent
“independent compensation consultant reporting directly to the Committee”
compensation committee
Compensation & Benefits Committee
“The table below lists factors the Compensation & Benefits Committee considers in its review”
Performance markers
Metric facts
revenue
$1 million
“than in previous years. For federal income taxes, compensation is an expense that is fully tax-deductible for almost all our U.S. employees. Following the 2017 tax reform, annual compensation in excess of $1 million paid…”
say on pay
92%
“votes cast in favor. We believe this outcome reflects our sustained engagement with investors and disciplined, multi‑year refinements to our NEO pay program. We describe our shareholder engagement in detail on page 38. 9…”
ceo pay ratio
360 to 1
“CEO pay ratio Ratio of the annual total compensation of the median-paid employee to the CEO The annual total compensation of our median-paid employee on a worldwide basis for 2025 was $91,000. The annual total compensati…”
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