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Q: Proxy statements for executive compensation for top six biotech companies ( Answered,   1 Comment )
Question  
Subject: Proxy statements for executive compensation for top six biotech companies
Category: Business and Money > Finance
Asked by: baffled5-ga
List Price: $25.00
Posted: 30 Apr 2004 12:48 PDT
Expires: 30 May 2004 12:48 PDT
Question ID: 339004
Proxy statements just released for officers' compensation for
Genentech, Biogen-Idec, Amgen, Gilead, Millennium, Genzyme.
Answer  
Subject: Re: Proxy statements for executive compensation for top six biotech companies
Answered By: brotine-ga on 01 May 2004 08:44 PDT
 
Hello, baffled5. Proxy statements for all companies are available
online through the EDGAR database of the U. S. Securities and Exchange
Commission ( www.sec.gov ). You can access the EDGAR Home Page at
http://www.sec.gov/edgar/searchedgar/webusers.htm.

For Genentech:
Use the link:
http://www.sec.gov/Archives/edgar/data/318771/000119312504044855/ddef14a.htm
for the Proxy Statement for April 16, 2004 Annual Meeting
Follow the HTML proxy to Page 30
Summary of Compensation
(President Arthur Levinson did quite nicely with his $860,000 salary,
$1,204,000 bonus and $79,800 additional compensation last year, on top
of his options for 320,000 shares.)

For Biogen Idec:
Use the link:
http://www.sec.gov/Archives/edgar/data/875045/000095013504002162/b49054dfdef14a.htm
for the Proxy Statement for June 16, 2004 Annual Meeting
Follow the HTML proxy to Page 19
Executive Compensation and Related Information
(Chairman William Rastetter took home a $691,846 salary, $465,000
bonus and $10,114 in additional compensation last year, not counting
options for 178,000 shares.)

For Amgen:
Use the link:
http://www.sec.gov/Archives/edgar/data/318154/000095012904002008/v97283def14a.htm
for the Proxy Statement for May 13, 2004 Annual Meeting
Follow the HTML proxy to Page 20
Compensation of Executive Officers
(Chairman Kevin Sharer asked for a tag day after earning only a
$1,098,333 salary, $2,475,000 bonus and $217,844 in additional
compensation --sweetened by options for 450,000 shgares.

For Gilead Sciences:
Use the link:
http://www.sec.gov/Archives/edgar/data/882095/000104746904011829/a2133560zdefr14a.htm
for the Proxy Statement for May 25, 2004 Annual Meeting
Follow the HTML proxy to Page 23
Compensation for Executive Officers summary
(President John Martin enjoyed a $754,167 salary and $887,680 bonus
last year, on top of his options for 400,000 shares.)

For Millennium (Pharmaceuticals, I assume you mean):
Use the link:
http://www.sec.gov/Archives/edgar/data/1002637/000104746904009118/a2130665zdef14a.htm
for the Proxy Statement for May 7, 2004 Annual Meeting
Follow the HTML proxy to Page 18
Compensation of Executive Officers
(Chairman Mark Levin seems short-changed with only a $500,000 salary,
$250,000 bonus and $11,136 in additional compensation last year, and a
measly options amount of 400,000 shares.)

For Genzyme:
Use the link:
http://www.sec.gov/Archives/edgar/data/732485/000104746904012969/a2133721zdef14a.htm
for the Proxy Statement for May 27, 2004 Annual Meeting
Follow the HTML proxy to Page 15
Summary Compensation Table
(CEO Henri Termeer is another big winner with a $1,237,745 salary,
$1,596,692 bonus and $31,985 in additional compensation last year, not
to mention options for 475,000 shares.)

(By the way, there is a commercial database firm EDGAR Online (
www.edgar-online.com ) that is NOT affiliated with the SEC. They
provide the SEC's EDGAR filings and much more financial information
for a subscription fee, and they're designed for professional use.
Stick with the free online filings the government already provides.)

Search terms used:
SEC filings

Greed is good.
brotine-ga
Comments  
Subject: Re: Proxy statements for executive compensation for top six biotech companies
From: mcisencraft-ga on 01 May 2004 21:32 PDT
 
This is good work

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