Novartis Management

Management criteria checks 3/4

Novartis' CEO is Vas Narasimhan, appointed in Feb 2018, has a tenure of 7.25 years. total yearly compensation is $15.64M, comprised of 13.1% salary and 86.9% bonuses, including company stock and options. directly owns 0.022% of the company’s shares, worth €41.66M. The average tenure of the management team and the board of directors is 3.4 years and 5.3 years respectively.

Key information

Vas Narasimhan

Chief executive officer

US$15.6m

Total compensation

CEO salary percentage13.1%
CEO tenure7.3yrs
CEO ownership0.02%
Management average tenure3.4yrs
Board average tenure5.3yrs

Recent management updates

No updates

Recent updates

CEO Compensation Analysis

How has Vas Narasimhan's remuneration changed compared to Novartis's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

US$13b

Dec 31 2024US$16mUS$2m

US$12b

Sep 30 2024n/an/a

US$12b

Jun 30 2024n/an/a

US$10b

Mar 31 2024n/an/a

US$9b

Dec 31 2023US$16mUS$2m

US$9b

Sep 30 2023n/an/a

US$7b

Jun 30 2023n/an/a

US$7b

Mar 31 2023n/an/a

US$6b

Dec 31 2022US$12mUS$2m

US$6b

Sep 30 2022n/an/a

US$21b

Jun 30 2022n/an/a

US$22b

Mar 31 2022n/an/a

US$24b

Dec 31 2021US$12mUS$2m

US$23b

Sep 30 2021n/an/a

US$10b

Jun 30 2021n/an/a

US$9b

Mar 31 2021n/an/a

US$8b

Dec 31 2020US$12mUS$2m

US$8b

Sep 30 2020n/an/a

US$7b

Jun 30 2020n/an/a

US$7b

Mar 31 2020n/an/a

US$7b

Dec 31 2019US$12mUS$2m

US$7b

Sep 30 2019n/an/a

US$7b

Jun 30 2019n/an/a

US$7b

Mar 31 2019n/an/a

US$13b

Dec 31 2018US$10mUS$2m

US$13b

Compensation vs Market: Vas's total compensation ($USD15.64M) is above average for companies of similar size in the German market ($USD5.25M).

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


CEO

Vas Narasimhan (48 yo)

7.3yrs

Tenure

US$15,637,188

Compensation

Dr. Vasant Narasimhan, also known as Vas, M.D., serves as Chief Executive Officer of Novartis AG at Novartis India Ltd. Dr. Narasimhan has been Chief Executive Officer of Novartis AG since February 1, 2018...


Leadership Team

NamePositionTenureCompensationOwnership
Vasant Narasimhan
Chief Executive Officer7.3yrsUS$15.64m0.022%
€ 41.7m
Harry Kirsch
Chief Financial Officer12yrsUS$6.91m0.023%
€ 43.2m
Victor Bulto
President of US3.1yrsUS$6.36m0.0018%
€ 3.4m
Patrick Horber
President of International1.4yrsUS$6.49m0.0032%
€ 6.1m
Steffen Lang
President of Operations3.1yrsUS$4.17m0.0063%
€ 12.0m
Paul Penepent
Head of Group Financial Reporting and Accountingno datano datano data
Sloan Simpson
Global Head of Investor Relations1.1yrsno datano data
Karen Hale
Chief Legal & Compliance Officer4yrsUS$4.16m0.0030%
€ 5.6m
Robert Kowalski
Chief People & Organization Officer3.7yrsUS$3.45m0.0011%
€ 2.2m
Linda Armstrong
Global Head of Respiratory Developmentno datano datano data
David Soergel
Head of the Cardiovascularno datano datano data
Evan Beckman
Global Head of Translational Medicine at Novartis Institute for BioMedical Researchno datano datano data

3.4yrs

Average Tenure

56yo

Average Age

Experienced Management: NOT1's management team is considered experienced (3.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Simon Moroney
Independent Vice Chairman of the Board5.3yrsUS$506.95k0.00040%
€ 761.9k
Daniel Vasella
Honorary Chairmanno dataUS$3.34mno data
Bridgette Heller
Independent Non-Executive Director5.3yrsUS$473.89k0.00040%
€ 761.9k
François van Houten
Independent Non-Executive Director8.3yrsUS$429.80k0.00096%
€ 1.8m
Ton Buechner
Independent Non-Executive Director9.3yrsUS$468.02k0.0013%
€ 2.6m
Ana de Pro Gonzalo
Independent Non-Executive Director3.2yrsUS$429.80k0.00020%
€ 380.9k
Giovanni Caforio
Chairman of the Boardless than a yearno datano data
Patrice Bula
Lead Independent Director6.3yrsUS$456.02k0.00068%
€ 1.3m
Daniel Hochstrasser
Independent Director3.2yrsUS$434.96k0.00025%
€ 476.2k
John Young
Non-Executive Independent Director2.2yrsUS$424.29k0.00011%
€ 209.5k
Nancy Andrews
Independent Non-Executive Director10.3yrsUS$396.74k0.00061%
€ 1.2m
Elizabeth Doherty
Independent Non-Executive Director9.3yrsUS$495.93k0.00085%
€ 1.6m

5.3yrs

Average Tenure

64yo

Average Age

Experienced Board: NOT1's board of directors are considered experienced (5.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/11 18:02
End of Day Share Price 2025/05/09 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Novartis AG is covered by 69 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kamla SinghAlphaValue
John EadeArgus Research Company
Fabrizio SpagnaAxia Financial Research