Abbott Laboratories Base Salary Disclosure for Named Executive Officers (2010–2011)
Abbott Laboratories discloses the base salaries for its chief executive officer, chief financial officer, and two other named executive officers, effective December 31, 2010 and March 1, 2011. The document lists the annual base salary amounts for each executive, confirming no changes between the two dates. This disclosure provides transparency regarding executive compensation but does not impose additional obligations or conditions on the parties.
Exhibit 10.57
Abbott Laboratories
Description of Base Salary of Named Executive Officers
Set forth below are the base salaries, effective December 31, 2010 and March 1, 2011, of the chief executive officer, chief financial officer, Laura J. Schumacher, and James V. Mazzo, all of whom were named executive officers in 2010.
Miles D. White
Chairman of the Board and Chief Executive Officer
|
|
| Base Salary |
| |
| December 31, 2010 |
| $ | 1,900,000 |
|
| March 1, 2011 |
| $ | 1,900,000 |
|
Thomas C. Freyman
Executive Vice President, Finance and
Chief Financial Officer
|
|
| Base Salary |
| |
| December 31, 2010 |
| $ | 946,700 |
|
| March 1, 2011 |
| $ | 946,700 |
|
Laura J. Schumacher
Executive Vice President,
General Counsel and Secretary
|
|
| Base Salary |
| |
| December 31, 2010 |
| $ | 827,500 |
|
| March 1, 2011 |
| $ | 827,500 |
|
James V. Mazzo
Senior Vice President,
Abbott Medical Optics
|
|
| Base Salary |
| |
| December 31, 2010 |
| $ | 798,300 |
|
| March 1, 2011 |
| $ | 798,300 |
|
