Abbott Laboratories Base Salary Disclosure for Named Executive Officers (2005–2006)
Abbott Laboratories discloses the annual base salaries for its chief executive officer and four other top executive officers for the years 2005 and 2006. The document lists each executive's name, title, and corresponding base salary for both years. This disclosure is intended to provide transparency regarding executive compensation and is effective as of March 1 for each year.
Exhibit 10.27
Abbott Laboratories
Description of Base Salary of Named Executive Officers
Set forth below are the base salaries, effective March 1, 2005 and March 1, 2006, of the chief executive officer and each of the four other most highly compensated executive officers in 2005.
Miles D. White
Chairman of the Board and Chief Executive Officer
|
| Base Salary |
| ||
2005 |
| $ | 1,614,600 |
| |
2006 |
| $ | 1,671,000 |
| |
Richard A. Gonzalez
President and Chief Operating Officer,
Medical Products Group
|
| Base Salary |
| |
2005 |
| $ | 910,800 |
|
2006 |
| $ | 942,700 |
|
Jeffrey M. Leiden
President and Chief Operating Officer,
Pharmaceutical Products Group
|
| Base Salary |
| |
2005 |
| $ | 910,800 |
|
2006 |
| $ | 942,700 |
|
Thomas C. Freyman
Executive Vice President, Finance and
Chief Financial Officer
|
| Base Salary |
| |
2005 |
| $ | 750,000 |
|
2006 |
| $ | 825,000 |
|
William G. Dempsey
Senior Vice President,
Pharmaceutical Operations
|
| Base Salary |
| |
2005 |
| $ | 595,100 |
|
2006 |
| $ | 615,900 |
|