AbbVie Management
Management criteria checks 1/4
AbbVie's CEO is Robert Michael, appointed in Jul 2024, has a tenure of less than a year. total yearly compensation is $14.44M, comprised of 9.9% salary and 90.1% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth CLP17.86B. The average tenure of the management team and the board of directors is 0.8 years and 11.6 years respectively.
Key information
Robert Michael
Chief executive officer
US$14.4m
Total compensation
| CEO salary percentage | 9.9% |
| CEO tenure | less than a year |
| CEO ownership | 0.006% |
| Management average tenure | less than a year |
| Board average tenure | 11.6yrs |
Recent management updates
No updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$5b |
| Mar 31 2024 | n/a | n/a | US$6b |
| Dec 31 2023 | US$14m | US$1m | US$5b |
| Sep 30 2023 | n/a | n/a | US$6b |
| Jun 30 2023 | n/a | n/a | US$9b |
| Mar 31 2023 | n/a | n/a | US$8b |
| Dec 31 2022 | US$10m | US$1m | US$12b |
| Sep 30 2022 | n/a | n/a | US$13b |
| Jun 30 2022 | n/a | n/a | US$13b |
| Mar 31 2022 | n/a | n/a | US$12b |
| Dec 31 2021 | US$12m | US$1m | US$11b |
| Sep 30 2021 | n/a | n/a | US$7b |
| Jun 30 2021 | n/a | n/a | US$7b |
| Mar 31 2021 | n/a | n/a | US$5b |
| Dec 31 2020 | US$13m | US$1m | US$5b |
| Sep 30 2020 | n/a | n/a | US$7b |
| Jun 30 2020 | n/a | n/a | US$7b |
| Mar 31 2020 | n/a | n/a | US$8b |
| Dec 31 2019 | US$9m | US$907k | US$8b |
| Sep 30 2019 | n/a | n/a | US$3b |
| Jun 30 2019 | n/a | n/a | US$4b |
| Mar 31 2019 | n/a | n/a | US$5b |
| Dec 31 2018 | US$3m | US$554k | US$6b |
Compensation vs Market: Robert's total compensation ($USD14.44M) is above average for companies of similar size in the CL market ($USD6.10M).
Compensation vs Earnings: Robert's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Robert Michael (54 yo)
less than a year
Tenure
US$14,441,320
Compensation
Mr. Robert A. Michael served as Chief Operating Officer at AbbVie Inc. since June 29, 2023 until July 01, 2024 and served as its President since June 23, 2022 until July 01, 2024 also serves as its CEO and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 11.6yrs | US$25.66m | 0.025% $ 80.9b | |
| CEO & Director | less than a year | US$14.44m | 0.0056% $ 17.9b | |
| Executive VP & CFO | 2.2yrs | US$10.19m | 0.00087% $ 2.8b | |
| Executive VP & COO | less than a year | US$9.30m | 0.013% $ 41.0b | |
| Executive VP & Chief Commercial Officer | no data | US$15.35m | 0.0035% $ 11.3b | |
| Executive VP of Research and Development & Chief Scientific Officer | less than a year | no data | 0.00093% $ 3.0b | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | 1.8yrs | no data | 0% $ 0 | |
| Senior VP | less than a year | no data | no data | |
| Executive VP & Chief Human Resources Officer | no data | US$3.30m | 0.00078% $ 2.5b | |
| Senior VP of AbbVie & President of Oncology | less than a year | no data | no data | |
| Executive VP and Chief Business & Strategy Officer | 1.6yrs | no data | 0.0032% $ 10.1b |
0.8yrs
Average Tenure
55yo
Average Age
Experienced Management: ABBVCL's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 11.6yrs | US$25.66m | 0.025% $ 80.9b | |
| CEO & Director | less than a year | US$14.44m | 0.0056% $ 17.9b | |
| Lead Independent Director | 11.6yrs | US$388.39k | 0.00065% $ 2.1b | |
| Independent Director | 4.3yrs | US$389.98k | 0.0071% $ 22.7b | |
| Independent Director | 11.6yrs | US$421.58k | 0.0014% $ 4.5b | |
| Independent Director | 11.6yrs | US$394.98k | 0.00091% $ 2.9b | |
| Independent Director | 11.6yrs | US$377.48k | 0% $ 0 | |
| Independent Director | 11.6yrs | US$369.98k | 0.00011% $ 352.1m | |
| Independent Director | 7.3yrs | US$369.98k | 0% $ 0 | |
| Independent Director | 8.6yrs | US$384.98k | 0% $ 0 | |
| Independent Director | 6.3yrs | US$359.98k | no data | |
| Independent Director | 11.6yrs | US$461.18k | 0.000010% $ 32.0m |
11.6yrs
Average Tenure
70yo
Average Age
Experienced Board: ABBVCL's board of directors are seasoned and experienced ( 11.6 years average tenure).