Alexander KarpAlexander Karp earned $1B in 2024

In 2020, Miles D. White earned $6.57M in total compensation at Abbott, including $1.90M salary and $1.25M bonus. Most recently acquired 683 shares in Mar 2021. Currently holds stock worth $821.10M. Has donated $42.96M in stock to charitable causes. Led Abbott as CEO for 21 years.

Compensation History

Annual executive compensation data for Miles D. White, including salary, bonuses, and stock awards.

Year

2020

Total Compensation

$6.57M

Salary

$1.90M

Bonus

$1.25M

Other

$3.42M

Salary

$1.90M

Board Justification

Abbott's compensation program is market-based and produces outcomes that directly link to both Company and officer performance. The vast majority of compensation for executive officers is performance-based and objectively determined.

Bonus

$1.25M

Board Justification

Mr. White is eligible for a 2020 annual incentive plan payout for the 3 months he served as CEO. Based on Abbott and Mr. White's performance, the Committee awarded Mr. White a payout of 150% of his target.

Other Compensation

$3.42M

Board Justification

Includes various forms of compensation such as security costs, financial planning services, and other benefits.

Restricted Stock

$0.000 N/A

Board Justification

No stock grants were vested in 2020 as he transitioned to Executive Chairman.

Performance Metrics

Performance metrics include adjusted sales, adjusted diluted EPS, and return on assets.

A

Miles D. White

Ex-CEO of Abbott

Education

Bachelor's degree in economics from Stanford University

Field of Expertise

Business & Management

Sector of Economy

Healthcare

Born

August 6, 1954 - 71 years ago

CEO of Abbott for

21 years 2 months (Jan 1999 - Mar 2020)

Previous Experience

Joined Abbott in 1984, served in various roles including Senior Vice President of Diagnostic Operations.

Holdings

Track Miles D. White's stock holdings and portfolio value over time.

Total Stock Sold

$230.60M

ABT

$230.60M

4,009,987 ABT shares

What if they kept their stock?

If Miles D. White didn't sell their stock, today they would have:
Extra ABT4,009,987 shares worth $501.57M.
This is 117.51% and $270.97M more than what they got when they sold the stock.

Charitable Transactions

ABT

343,423 shares

ABT

Recent Charitable Transactions

ABT

11,093 shares

ABT

Nov 10, 2021

Charity

ABT

1,250 shares

ABT

Aug 6, 2021

Charity

ABT

2,000 shares

ABT

Feb 19, 2021

Charity

ABT

74,796 shares

ABT

Dec 3, 2020

Charity

ABT

1,100 shares

ABT

Jun 4, 2020

Charity

ABT

14,201 shares

ABT

Dec 12, 2019

Charity

Insider Trading

Miles D. White's recent stock transactions, purchases, and sales filed with the SEC.

ABT

11,093 shares

ABT

Nov 10, 2021

Charity

ABT

1,250 shares

ABT

Aug 6, 2021

Charity

CAT

683 shares

CAT

Mar 1, 2021

Received

ABT

44,340 shares

ABT

Feb 19, 2021

Received

ABT

2,000 shares

ABT

Feb 19, 2021

Charity

ABT

74,796 shares

ABT

Dec 3, 2020

Charity

ABT

1,100 shares

ABT

Jun 4, 2020

Charity

CAT

1,176 shares

CAT

Mar 2, 2020

Received

ABT

68,399 shares

ABT

Feb 21, 2020

Received

ABT

14,201 shares

ABT

Dec 12, 2019

Charity

Rivals

Compare Miles D. White with competitor CEOs and industry peers.