As Gilead’s stock price gets blitzed after a series of pratfalls, why is Dan O’Day getting a small raise?
Over the past year, Gilead has been subjected to one nasty setback after the next. But it hasn’t even dented Daniel O’Day’s pay package.
True, his base pay is down a tad, from $1.7 to $1.65 million, according to the SEC filing. The non-equity incentive comp also dipped. But those stock awards and options jumped by more than $1.5 million in value, allowing the Roche vet to see his total compensation edge up from $19 million to $19.2 million, give or take a few bucks.
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