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Executive Investigator
Tracking and Analyzing Executive Salaries, Bonuses, and Perks
# Friday, December 22, 2006
Pfizer, Inc. (NYSE:PFE) revealed today in an 8-K filing with the SEC that its former CEO, Henry A. McKinnel, could receive more than $180 million in retirement benefits after he leaves the company in February. This news comes shortly after the ex-CEO was forced into early retirement in part due to investor concern over his excessive compensation benefits. These benefits include $13,278,518 in supplemental savings; $41,769,089 worth of deferred performance-contigent shares; $22,862,334 in deferred bonuses; and, a lump sum pension totaling $82,305,823. While the executive has served the company for 35-years, investors have been critical of executive compensation as the stock's price has suffered in recent months.

Friday, December 22, 2006 4:57:30 AM UTC  #    Comments [1]  |  Trackback
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