Merck & Co.: Pay

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

PayNo stock prices for these years
CEO pay is from each 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.

Pay of each named executive

Robert M. DavisChairman, Chief Executive Officer and President
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
5 years
Dean Li, M.D., Ph.D.Executive Vice President and President, Merck Research Laboratories
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
5 years
Caroline LitchfieldExecutive Vice President and Chief Financial Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
5 years
Jennifer ZacharyExecutive Vice President and General Counsel
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
3 years
Sanat ChattopadhyayExecutive Vice President and President, Merck Manufacturing Division
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
5 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 6 peers with pay on file was $28.0M. The CEO of Merck & Co. was paid $20.8M, 26% below the median.

  1. 1Johnson & Johnson
  2. 2AbbVie
  3. 3Gilead Sciences
  4. 4Pfizer
  5. 5Amgen
  6. 6Bristol Myers Squibb
  7. 7Merck & Co.
  8. 8AstraZenecaNot disclosed
  9. 9Eli LillyNot disclosed
  10. 10GlaxoSmithKlineNot disclosed
  11. 11NovartisNot disclosed
  12. 12Roche Holding AGNot disclosed
  13. 13SanofiNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.