Af­ter land­ing a $354M pay­out, Medi­va­tion CEO David Hung doesn’t over­look his 2016 bonus

It’s been a very good year at Medi­va­tion, num­bers wise. So now that CEO David Hung has com­plet­ed his $14 bil­lion deal to sell the com­pa­ny to Pfiz­er, se­cur­ing a $354 mil­lion ex­it pack­age on the way, what’s left to do?

Why, arrange 2016 bonus­es for him­self and the ex­ec­u­tive crew, of course.

Medi­va­tion won’t see the end of the year as an in­de­pen­dent com­pa­ny, but that’s not a deal break­er. The ac­coun­tants cal­cu­lat­ed how the com­pa­ny was do­ing so far and then ex­trap­o­lat­ed the da­ta to cov­er the rest of the year. And by that mea­sure, the team qual­i­fied for a 128% pay­out rate.

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