173 to 1: Bristol-Myers chief Caforio picked up a $19.4M compensation deal after leading the charge for $74B Celgene buyout
Bristol-Myers Squibb went right down to the wire on its proxy statement. And just days after investors provided a stamp of approval for its huge $74 billion Celgene buyout, the big biopharma outfit disclosed the top pay it provided to its executive team.
CEO Giovanni Caforio led the way up in 2018, grabbing a compensation package valued at $19.4 million, an increase over the $18.7 million recorded for 2017. It’s also in line with his pace for the last few years, with 2016 compensation coming in at just under $17 million.
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