Merck & Co.

Merck & Co.

MRK· Manufacturing· Fiscal year ends in December

CEO pay in FY2025

Robert M. Davis is the CEO of Merck & Co. and was paid $20.8M in FY2025 (Dec), down 10%.

PayNo stock prices for these years
CEO pay is from each Merck & Co. proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Executives5

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  1. 1Robert M. DavisFY2025
  2. 2Dean Li, M.D., Ph.D.FY2025
  3. 3Caroline LitchfieldFY2025
  4. 4Jennifer ZacharyFY2025
  5. 5Sanat ChattopadhyayFY2025

Named executives and their total pay, from the Summary Compensation Table of the latest proxy.

Merck & Co. paid its 5 named executives $48.5M in total in FY2025 (Dec). CEO Robert M. Davis was paid $20.8M of that.

Name
Robert M. DavisChairman, Chief Executive Officer and President
Dean Li, M.D., Ph.D.Executive Vice President and President, Merck Research Laboratories
Caroline LitchfieldExecutive Vice President and Chief Financial Officer
Jennifer ZacharyExecutive Vice President and General Counsel
Sanat ChattopadhyayExecutive Vice President and President, Merck Manufacturing Division

of each named executive, from the Summary Compensation Table of each proxy.

Peers12

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The FY2025 (Dec) proxy of Merck & Co. names 12 peer companies for pay. Among Merck & Co. and these peers, CEO pay was the lowest of 7 and total shareholder return was 4th highest of 7.

7th highest of 7in Merck & Co. and its pay peers, FY2025 (Dec) by CEO pay:

$20.8M$32.8M

4th highest of 7in Merck & Co. and its pay peers, FY2025 (Dec) by total shareholder return:

$86$259

The comes from the company's proxy. CEO pay and of each company come from its own Pay versus Performance table for the same fiscal year.

Board7

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  • Robert M. Davis ManagementChair · 4 yr on the boardNot independent—Paid as an executive
  • Mary Ellen CoeDirector · 6 yr on the boardIndependentCompensation and Management Development, Research—Paid as an executive
  • Risa J. Lavizzo-Mourey, M.D.Director · 5 yr on the boardIndependentCompensation and Management Development, Research—Paid as an executive
  • Stephen L. Mayo, Ph.D.Director · 4 yr on the boardIndependentAudit, Research—Paid as an executive
  • Douglas M. Baker, Jr.Director · 3 yr on the boardIndependentAudit, Research—Paid as an executive
  • Surendralal L. KarsanbhaiDirector · 0 yr on the boardIndependentAudit, Governance—Paid as an executive

The board of the latest proxy (FY2025).

Activity

  1. Left the market25
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  6. Board3
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Filings24

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Current report8-KOct 13, 2026—
Current report8-KMay 28, 2026—
Proxy statementDEF 14AApr 8, 2026FY2025
Annual report10-KFeb 24, 2026FY2025
Current report8-KMay 29, 2025—
Proxy statementDEF 14AApr 9, 2025FY2024