John C. Martin - Gilead
Total Compensation: $11M
Details: With the company raking in over $42 billion in revenue in 2007--a 40percent increase over 2006--Gilead was pretty happy with their chief going into 2008. So happy, in fact, that the company threw their salary budget caps out of the window and awarded CEO Martin a 10 percent raise. Overall, Martin's total compensation package was bumped up $200,000 in 2008, which included the 10 percent increase in his base salary to $1,155,000 and some padding in the "other compensation" category.
Martin received $107,131 last for matching contributions to his retirement plan as well as reimbursement for costs related to antitrust filings triggered by regulatory requirements after Martin's stock in the company reached a certain value last year. Gilead felt it only right to reimburse the chief since the company requires him to be a shareholder. Those fees included the Hart-Scott Rodino filing fees ($45,000), related legal fees ($10,406) and associated tax reimbursement ($46,725).
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