ProxyMiner / Company
THERMO FISHER SCIENTIFIC INC.TMO
Latest proxy: 2026 · view on SEC ↗ · CIK 0000097745
CEO total pay
$79,923,350
Marc N. Casper · 2025
Say on pay
Not disclosed
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CEO pay ratio
Item 402(u)120 to 1
Median employee: $71,333
Compensation committee
CD&ACompensation 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 |
|---|---|---|---|---|---|---|---|
Marc N. Casper2025 compensation | Chairman, President and Chief Executive Officer | $79,923,350↑ 162% | 97% at-risk | $1,785,534 | $65,730,211 | $3,742,123 | $714,105 |
Stephen Williamson2025 compensation | Senior Vice President and Chief Financial Officer | $6,781,012↓ 39% | 81% at-risk | $1,095,170 | $2,456,033 | $1,256,926 | $209,912 |
Michel Lagarde2025 compensation | Executive Vice President and Chief Operating Officer | $8,907,174↓ 30% | 85% at-risk | $1,166,433 | $3,572,991 | $1,396,920 | $207,225 |
Gianluca Pettiti2025 compensation | Executive Vice President | $8,080,467↓ 29% | 85% at-risk | $1,031,918 | $3,293,754 | $1,184,332 | $207,017 |
Frederick Lowery2025 compensation | Executive Vice President | $6,575,821↓ 23% | 83% at-risk | $930,356 | $2,623,683 | $974,920 | $164,021 |
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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2025 Tsr Peer Group
28 members · 18 in ProxyMiner
ABT · ABBOTT LABORATORIESABBV · AbbVie Inc.AMGN · AMGEN INCBDX · BECTON DICKINSON & COBMY · BRISTOL MYERS SQUIBB COAVGO · Broadcom Inc.CSCO · CISCO SYSTEMS, INC.DHR · DANAHER CORP /DE/LLY · ELI LILLY & CoGILD · GILEAD SCIENCES, INC.HON · HONEYWELL INTERNATIONAL INCJNJ · JOHNSON & JOHNSONMDT · Medtronic plcMRK · Merck & Co., Inc.NKE · NIKE, Inc.PEP · PEPSICO INCPFE · PFIZER INCTXN · TEXAS INSTRUMENTS INCPG · PROCTER & GAMBLE CoMMM · 3M COAZN · ASTRAZENECA PLCADP · AUTOMATIC DATA PROCESSING INCBSX · BOSTON SCIENTIFIC CORPCSX · CSX CORPIQV · IQVIA HOLDINGS INC.KBGGY · Kongsberg Gruppen ASA/ADRSYK · STRYKER CORPBA · BOEING CO
Governance
Policy guardrails
compensation committee
Compensation Committee
“Annual compensation setting process The Compensation Committee undertakes a number of activities each year”
hedging
Insider trading policy; anti-hedging and anti-pledging policies
“Insider trading policy; anti-hedging and anti-pledging policies”
pledging
Insider trading policy; anti-hedging and anti-pledging policies
“Insider trading policy; anti-hedging and anti-pledging policies”
clawback
present
“Clawback policy”
stock ownership guidelines
present
“Stock ownership guidelines”
change in control
‘Double trigger’ change in control agreements
“‘Double trigger’ change in control agreements”
compensation consultant
independent
“Independent compensation consultant”
Performance markers
Metric facts
revenue
$10 billion
“least May 2030, and to drive substantial long-term shareholder value through sustained TSR outperformance. Under Mr. Casper’s leadership as CEO, Thermo Fisher has transformed into a global leader serving the life science…”
operating income
—
“students through STEM initiatives and contributing 100K+ colleague volunteer hours globally • Strong improvement in cybersecurity awareness and behavior and launched global digital acumen business resource group with 14 …”
ceo pay ratio
120 to 1
“in the case of employees who joined the company during 2025). The annual total compensation of our median employee (other than the CEO) for 2025 was $71,333. As disclosed in the Summary Compensation Table appearing on pa…”
median employee compensation
$71,333
“We determined the median employee from the remaining 118,745 persons (excluding our CEO) based on the sum of the annual salary and the target cash incentive for each employee as of October 3, 2025 (annualized in the case…”
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