Merck & Co.'s CEO Salary

    Merck & Co.'s CEO salary and other executives compensation in 2025 was as follows:

  • Robert M. Davis Chairman, Chief Executive Officer and President at Merck & Co., received a total compensation of $20.80 M in 2025.
  • Dean Li, M.D., Ph.D. Executive Vice President and President, Merck Research Laboratories at Merck & Co., received a total compensation of $8.89 M in 2025.
  • Caroline Litchfield Executive Vice President and Chief Financial Officer at Merck & Co., received a total compensation of $7.51 M in 2025.
  • Jennifer Zachary Executive Vice President and General Counsel at Merck & Co., received a total compensation of $5.86 M in 2025.
  • Sanat Chattopadhyay Executive Vice President and President, Merck Manufacturing Division at Merck & Co., received a total compensation of $5.41 M in 2025.
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Robert M. Davis Chairman, Chief Executive Officer and President, at Merck & Co., received $1.65 M in base salary, $12.10 M in stock award, and $1.34 M in other compensation, making $20.80 M in total compensation in 2025.

The total compensation was -10.30% down from the previous year, 2024.

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Dean Li, M.D., Ph.D. Executive Vice President and President, Merck Research Laboratories, at Merck & Co., received $1.46 M in base salary, $4.30 M in stock award, and $567.39 K in other compensation, making $8.89 M in total compensation in 2025.

The total compensation was -11.83% down from the previous year, 2024.

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Caroline Litchfield Executive Vice President and Chief Financial Officer, at Merck & Co., received $1.17 M in base salary, $3.58 M in stock award, and $660.38 K in other compensation, making $7.51 M in total compensation in 2025.

The total compensation was +0.08% up from the previous year, 2024.

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Jennifer Zachary Executive Vice President and General Counsel, at Merck & Co., received $1.06 M in base salary, $2.69 M in stock award, and $367.04 K in other compensation, making $5.86 M in total compensation in 2025.

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Sanat Chattopadhyay Executive Vice President and President, Merck Manufacturing Division, at Merck & Co., received $982.17 K in base salary, $2.36 M in stock award, and $482.26 K in other compensation, making $5.41 M in total compensation in 2025.

The total compensation was -12.25% down from the previous year, 2024.

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Executive Compensation Summary Table

2025 2024 2023
Robert M. Davis Chairman, Chief Executive Officer and President $20.80 M $23.19 M $20.27 M
Base Salary $1.65 M $1.62 M $1.60 M
Incentive Plan Compensation $2.33 M $2.76 M $3.59 M
All Other Compensation $1.34 M $1.07 M $1.04 M
Stock Award $12.10 M $13.08 M $10.00 M
Dean Li, M.D., Ph.D. Executive Vice President and President, Merck Research Laboratories $8.89 M $10.09 M $9.78 M
Base Salary $1.46 M $1.45 M $1.37 M
Incentive Plan Compensation $1.37 M $1.66 M $2.07 M
All Other Compensation $567.39 K $570.66 K $511.40 K
Stock Award $4.30 M $4.72 M $4.15 M
Caroline Litchfield Executive Vice President and Chief Financial Officer $7.51 M $7.51 M $8.30 M
Base Salary $1.17 M $1.17 M $1.09 M
Incentive Plan Compensation $1.10 M $1.33 M $1.67 M
All Other Compensation $660.38 K $147.21 K $1.12 M
Stock Award $3.58 M $3.59 M $3.15 M
Jennifer Zachary Executive Vice President and General Counsel $5.86 M - -
Base Salary $1.06 M - -
Incentive Plan Compensation $995.75 K - -
All Other Compensation $367.04 K - -
Stock Award $2.69 M - -
Sanat Chattopadhyay Executive Vice President and President, Merck Manufacturing Division $5.41 M $6.16 M $6.24 M
Base Salary $982.17 K $976.17 K $934.92 K
Incentive Plan Compensation $920.71 K $1.12 M $1.39 M
All Other Compensation $482.26 K $296.07 K $477.66 K
Stock Award $2.36 M $2.78 M $2.44 M
Betty Larson Executive Vice President and Chief Human Resources Officer - $11.26 M -
Base Salary - $604.40 K -
Incentive Plan Compensation - $685.25 K -
All Other Compensation - $312.43 K -
Stock Award - $6.64 M -
Richard R. DeLuca, Jr. Executive Vice President and President, Merck Animal Health - $9.10 M $6.20 M
Base Salary - $958.75 K $910.03 K
Incentive Plan Compensation - $1.10 M $1.37 M
All Other Compensation - $383.27 K $589.02 K
Stock Award - $5.70 M $2.37 M