Abbott Laboratories Description of Base Salary for Named Executive Officers (2004–2005)
This document outlines the annual base salaries for Abbott Laboratories' chief executive officer and four other top executive officers for the years 2004 and 2005. It lists each executive's name, title, and corresponding base salary for both years. The document serves as a disclosure of executive compensation and does not impose additional obligations or conditions beyond reporting these salary figures.
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Exhibit 10.26
Abbott Laboratories
Description of Base Salary of Named Executive Officers
Set forth below are the base salaries, effective March 1, 2004 and March 1, 2005, of the chief executive officer and each of the four other most highly compensated executive officers in 2004.
Miles D. White
Chairman of the Board and Chief Executive Officer
| | Base Salary | | |||
|---|---|---|---|---|---|
| 2004 | $ | 1,560,000 | |||
| 2005 | $ | 1,614,600 | |||
Richard A. Gonzalez
President and Chief Operating Officer,
Medical Products Group
| | Base Salary | | |||
|---|---|---|---|---|---|
| 2004 | $ | 880,000 | |||
| 2005 | $ | 910,800 | |||
Jeffrey M. Leiden
President and Chief Operating Officer,
Pharmaceutical Products Group
| | Base Salary | | |||
|---|---|---|---|---|---|
| 2004 | $ | 880,000 | |||
| 2005 | $ | 910,800 | |||
Thomas C. Freyman
Executive Vice President, Finance and
Chief Financial Officer
| | Base Salary | | |||
|---|---|---|---|---|---|
| 2004 | $ | 625,000 | |||
| 2005 | $ | 750,000 | |||
William G. Dempsey
Senior Vice President,
Pharmaceutical Operations
| | Base Salary | | |||
|---|---|---|---|---|---|
| 2004 | $ | 575,000 | |||
| 2005 | $ | 595,100 | |||
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