Thermo Fisher Scientific Management

Management criteria checks 3/4

Thermo Fisher Scientific's CEO is Marc Casper, appointed in Oct 2009, has a tenure of 14.5 years. total yearly compensation is $18.98M, comprised of 9.1% salary and 90.9% bonuses, including company stock and options. directly owns 0.047% of the company’s shares, worth €95.35M. The average tenure of the management team and the board of directors is 4.4 years and 12.1 years respectively.

Key information

Marc Casper

Chief executive officer

US$19.0m

Total compensation

CEO salary percentage	9.1%
CEO tenure	14.5yrs
CEO ownership	0.05%
Management average tenure	4.4yrs
Board average tenure	12.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Marc Casper's remuneration changed compared to Thermo Fisher Scientific's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 30 2024	n/a	n/a	US$6b
Dec 31 2023	US$19m	US$2m	US$6b
Sep 30 2023	n/a	n/a	US$6b
Jul 01 2023	n/a	n/a	US$6b
Apr 01 2023	n/a	n/a	US$6b
Dec 31 2022	US$28m	US$2m	US$7b
Oct 01 2022	n/a	n/a	US$7b
Jul 02 2022	n/a	n/a	US$7b
Apr 02 2022	n/a	n/a	US$8b
Dec 31 2021	US$21m	US$2m	US$8b
Oct 02 2021	n/a	n/a	US$9b
Jul 03 2021	n/a	n/a	US$9b
Apr 03 2021	n/a	n/a	US$8b
Dec 31 2020	US$26m	US$2m	US$6b
Sep 26 2020	n/a	n/a	US$5b
Jun 27 2020	n/a	n/a	US$4b
Mar 28 2020	n/a	n/a	US$4b
Dec 31 2019	US$19m	US$2m	US$4b
Sep 28 2019	n/a	n/a	US$4b
Jun 29 2019	n/a	n/a	US$4b
Mar 30 2019	n/a	n/a	US$3b
Dec 31 2018	US$19m	US$1m	US$3b
Sep 29 2018	n/a	n/a	US$3b
Jun 30 2018	n/a	n/a	US$2b
Mar 31 2018	n/a	n/a	US$2b
Dec 31 2017	US$22m	US$1m	US$2b

Compensation vs Market: Marc's total compensation ($USD18.98M) is above average for companies of similar size in the Austrian market ($USD4.43M).

Compensation vs Earnings: Marc's compensation has been consistent with company performance over the past year.

CEO

Marc Casper (55 yo)

14.5yrs

Tenure

US$18,976,669

Compensation

Mr. Marc N. Casper has been the Chief Executive Officer and President of Thermo Fisher Scientific, Inc. since October 15, 2009 and has been its Chairman of the Board of Directors since February 26, 2020. M...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Marc Casper	Chairman	14.5yrs	US$18.98m	0.047% $ 95.3m
Stephen Williamson	Senior VP & CFO	8.7yrs	US$6.24m	0.010% $ 20.7m
Michel Lagarde	Executive VP & COO	2.3yrs	US$7.25m	0.0026% $ 5.4m
Lisa Britt	Chief Human Resources Officer & Senior VP	7.1yrs	US$2.89m	0.0045% $ 9.3m
Gianluca Pettiti	Executive Vice President	no data	US$5.73m	0.0030% $ 6.1m
Joseph Holmes	VP & Chief Accounting Officer	3.1yrs	no data	0.00042% $ 857.7k
Ryan Snyder	Senior VP & Chief Information Officer	4.8yrs	no data	no data
Karen Nelson	Chief Scientific Officer	2.7yrs	no data	no data
Rafael Tejada	Vice President of Investor Relations	no data	no data	no data
Michael Boxer	Senior VP & General Counsel	6.3yrs	US$3.12m	0.0033% $ 6.7m
Sandy Pound	VP & Chief Communications Officer	3.5yrs	no data	no data
Paul Parker	Senior Vice President of Strategy & Corporate Development	4yrs	no data	no data

4.4yrs

Average Tenure

55yo

Average Age

Experienced Management: TMOF's management team is considered experienced (4.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Marc Casper	Chairman	14.5yrs	US$18.98m	0.047% $ 95.3m
Scott Sperling	Independent Lead Director	17.4yrs	US$403.12k	0.023% $ 47.6m
C. Harris	Independent Director & Member of Scientific Advisory Board	12.1yrs	US$325.72k	0.0020% $ 4.1m
Nelson Chai	Independent Director	13.3yrs	US$365.72k	0.0035% $ 7.2m
Lars Sorensen	Independent Director	7.9yrs	US$345.72k	0.0024% $ 4.8m
Mark Stevenson	Member of Scientific Advisory Board	no data	US$9.40m	no data
Tyler Jacks	Member of Scientific Advisory Board & Director	14.9yrs	US$345.72k	0.0020% $ 4.1m
Cynthia Wolberger	Member of Scientific Advisory Board	6.4yrs	no data	no data
William Hahn	Member of Scientific Advisory Board	no data	no data	no data
Debora Spar	Independent Director	4.6yrs	US$345.72k	0.00021% $ 428.9k
Steven Gygi	Member of Scientific Advisory Board	no data	no data	no data
Dion Weisler	Independent Director	7.1yrs	US$353.19k	0.0015% $ 3.2m

12.1yrs

Average Tenure

60yo

Average Age

Experienced Board: TMOF's board of directors are seasoned and experienced ( 12.1 years average tenure).

Thermo Fisher Scientific Management

Management criteria checks 3/4

Key information

Recent management updates

Thermo Fisher Scientific Inc., Annual General Meeting, May 22, 2024

Thermo Fisher Scientific Appoints Srinath Venkatesh as Managing Director, India and South Asia

Thermo Fisher Scientific Inc. Appoints Jennifer “Jenny” Johnson to the Audit Committee

Thermo Fisher Scientific Inc. Elects Jenny Johnson to Board of Directors

Thermo Fisher Scientific Inc., Annual General Meeting, May 24, 2023

Independent Director recently sold €539k worth of stock

Recent updates

First quarter 2024 earnings released: EPS: US$3.48 (vs US$3.34 in 1Q 2023)

Thermo Fisher Scientific Inc. Raises Revenue Guidance for the Full Year 2024

Thermo Fisher Scientific Inc. Introduces Animal Origin-Free Formulation to Support Scaling of Cell Therapy Manufacturing

Thermo Fisher Scientific Inc., Annual General Meeting, May 22, 2024

Thermo Fisher Scientific Introduces Its Newest Line of High Performance, Ultra-Low Temperature (ULT) Freezers

Thermo Fisher Scientific Inc. to Report Q1, 2024 Results on Apr 24, 2024

Thermo Fisher Scientific Announces A New In-Line Metrology Solution to Improve Battery Safety and Performance

Thermo Fisher Scientific Inc. Launches Corevitas Clinical Registry in Generalized Pustular Psoriasis

Upcoming dividend of US$0.39 per share

Fourth quarter dividend of US$0.39 announced

Full year 2023 earnings released: EPS: US$15.53 (vs US$17.73 in FY 2022)

Thermo Fisher Scientific Inc. Increases Quarterly Cash Dividend, Payable on April 15, 2024

Now 20% undervalued

Thermo Fisher Scientific Inc. Launches New Ion Chromatography Instrument to Improve Reliability, Efficiency, and Functional Adaptability for Labs

Thermo Fisher Scientific Expands GMP Laboratory Service Offerings with Biosafety Testing Including Mycoplasma Testing

Full year 2023 earnings released: EPS: US$15.53 (vs US$17.73 in FY 2022)

Now 21% undervalued

Thermo Fisher Scientific Inc. Announces Earnings Guidance for Full Year 2024

Thermo Fisher Scientific Appoints Srinath Venkatesh as Managing Director, India and South Asia

Thermo Fisher Scientific Receives GMP Approval from the Italian Medicines Agency for its Manufacturing Facility of RNA-Based Products in Monza, Italy

Thermo Fisher Scientific Inc. Announces Launch of Innovative Corevitas Pharmacovigilance Platform for Clinical Research Registries

Thermo Fisher Scientific Inc. Announces the Launch of the Thermo Scientific KingFisher Apex Dx and Applied Biosystems MagMAX Dx Viral/Pathogen NA Isolation Kit

Upcoming dividend of US$0.35 per share at 0.3% yield

Thermo Fisher Scientific Declares Quarterly Dividend, Payable on January 16, 202

Thermo Fisher Scientific Announces New Fault Localization Solution for the Analysis of Advanced Logic Semiconductors

Third quarter 2023 earnings released: EPS: US$4.44 (vs US$3.81 in 3Q 2022)

Thermo Fisher Scientific Inc. Provides Earnings Guidance for the Year 2023

Thermo Fisher Scientific Inc. (NYSE:TMO) proposed an offer to acquire Olink Holding AB (publ) (NasdaqGM:OLK) from Summa Equity AB and others for approximately $3.3 billion.

Thermo Fisher Scientific Inc. (NYSE:TMO) proposed an offer to acquire Olink Holding AB (publ) (NasdaqGM:OLK) from Summa Equity AB and others for approximately $3.3 billion.

Thermo Fisher Scientific Inc. to Report Q3, 2023 Results on Oct 25, 2023

Thermo Fisher Scientific Inc. Appoints Jennifer “Jenny” Johnson to the Audit Committee

Thermo Fisher Scientific Helps Accelerate Cell Therapy Manufacturing with A Next-Generation Platform of Gibco™ CTS™ Detachable Dynabeads™

Upcoming dividend of US$0.35 per share at 0.3% yield

Thermo Fisher Scientific Announces the Launch of the EXENT Solution with IVDR Certification

Thermo Fisher Scientific Introduces New Chromosomal Microarray with Two-Day Turnaround Time to Increase Lab Productivity

Thermo Fisher Scientific Inc. (NYSE:TMO) acquired CorEvitas, LLC from Audax Management Company, LLC for approximately $910 million.

Thermo Fisher Scientific Announces a New Line of Thermo Scientific TM TSG Series Refrigerators

Thermo Fisher Scientific Inc. Revises earnings Guidance for 2023

Second quarter 2023 earnings released: EPS: US$3.53 (vs US$4.25 in 2Q 2022)

Thermo Fisher Scientific Introduces New Reproductive Health Assays to Accelerate Fertility Research

Thermo Fisher Scientific Inc. Elects Jenny Johnson to Board of Directors

Thermo Fisher Scientific Inc. (NYSE:TMO) has entered into a definitive agreement to acquire CorEvitas, LLC from Audax Management Company, LLC for Approximately $910 million.

Thermo Fisher May Be Leading Bidder to Buy CorEvitas

Thermo Fisher Scientific Announces Launch of Gibco™ OncoPro™ Tumoroid Culture Medium Kit

Now 21% undervalued after recent price drop

Thermo Fisher Scientific Inc. (NYSE:TMO) completed the acquisition MarqMetrix, Inc.

Upcoming dividend of US$0.35 per share at 0.3% yield

Thermo Fisher Scientific Introduces Groundbreaking Mass Spectrometer to Revolutionize Biological Discovery

Thermo Fisher Scientific Inc. Declares Quarterly Cash Dividend, Payable on July 14, 2023

Montrose Environmental Group, Inc. Announces Global Collaboration with Thermo Fisher Scientific Inc. to Provide A Comprehensive Real-Time Ethylene Oxide Monitoring Solution Meets Recent Release U.S. Environmental Protection Agency Regulations

Thermo Fisher Scientific Inc., Annual General Meeting, May 24, 2023

Warburg, Advent Reportedly in Lead to Acquire Baxter's Biopharma Unit

First quarter 2023 earnings released: EPS: US$3.34 (vs US$5.65 in 1Q 2022)

Upcoming dividend of US$0.35 per share at 0.3% yield

Independent Director recently sold €539k worth of stock

Thermo Fisher Scientific Launches TrueMark STI Select Panel

Full year 2022 earnings released: EPS: US$17.73 (vs US$19.61 in FY 2021)

Thermo Fisher Scientific Inc. Provides Earnings Guidance for the Full Year 2023

Thermo Fisher Scientific Inc. Launches CE-IVD Marked Assay to Detect Treatment-Resistant Strains of HIV-1

Thermo Fisher Scientific Inc. to Report Q4, 2022 Results on Feb 01, 2023

Independent Director recently sold €106k worth of stock

FDA Grants Emergency Use Authorization for Thermo Fisher Scientific's Monkeypox Test

Thermo Fisher Scientific Inc. Announces FDA Grants De Novo Classification to HLA Typing Test for Use as a Companion Diagnostic with a T Cell Receptor Therapy for Metastatic or Unresectable Uveal Melanoma

Thermo Fisher Scientific Launches TrueMark Infectious Disease Research Panels

Upcoming dividend of US$0.30 per share

Thermo Fisher Scientific Introduces All-In-One AAV Production System for Scalable Gene Therapy Workflows and Commercial Applications

Insufficient new directors

Thermo Fisher Scientific Inc. (NYSE:TMO) announces an Equity Buyback for $4,000 million worth of its shares.

Thermo Fisher Scientific Inc. (NYSE:TMO) agreed to acquire The Binding Site Group Ltd. from Nordic Capital and Five Arrows Managers SAS for £2.3 billion.