Alexander KarpAlexander Karp earned $1B in 2024

In 2005, Raymond V. Gilmartin earned $2.41M in total compensation at Merck & Co., including $1.60M salary and $800.00K bonus. Led Merck & Co. as CEO for 10 years.

Compensation History

Annual executive compensation data for Raymond V. Gilmartin, including salary, bonuses, and stock awards.

Year

2005

Total Compensation

$2.41M

Salary

$1.60M

Bonus

$800.00K

Other

$9.45K

Salary

$1.60M

Board Justification

The compensation philosophy of the company for the CEO in 2005 is to ensure that rewards are closely linked to Company-wide, division, area, team and individual performance, and to align the interests of the Company’s employees with those of its stockholders through potential stock ownership.

Bonus

$800.00K

Board Justification

The bonus award was determined in light of Company performance, as well as Mr. Gilmartin’s performance against his personal performance objectives, which were established by the Committee at the beginning of the performance year to support the achievement of the Company’s objectives.

Other Compensation

$9.45K

Board Justification

Company contribution to the Merck & Co., Inc. Employee Savings and Security Plan.

Restricted Stock

$0.000 N/A

Board Justification

Mr. Gilmartin received stock options and PSUs, but the vested stock for 2005 is not specified in the provided text.

Performance Metrics

The performance metrics of the company for the CEO that determines the compensation in 2005 included earnings per share, sales revenue, and return on operating assets compared to business plan performance targets set at the beginning of the year.

M

Raymond V. Gilmartin

Ex-CEO of Merck & Co.

Education

MBA from Harvard Business School

Field of Expertise

Business & Management

Sector of Economy

Healthcare

Born

March 1, 1941 - 84 years ago

CEO of Merck & Co. for

10 years 11 months (Jun 1994 - May 2005)

Previous Experience

CEO of Becton Dickinson

Holdings

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Insider Trading

Raymond V. Gilmartin's recent stock transactions, purchases, and sales filed with the SEC.

No insider trades found for this CEO.

Rivals

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