Merck & Co.'s CEO Salary
- Robert M. Davis Chairman, Chief Executive Officer and President at Merck & Co., received a total compensation of $23.19 M in 2024.
- Betty Larson Executive Vice President and Chief Human Resources Officer at Merck & Co., received a total compensation of $11.26 M in 2024.
- Dean Li, M.D., Ph.D. Executive Vice President and President, Merck Research Laboratories at Merck & Co., received a total compensation of $10.09 M in 2024.
- Richard R. DeLuca, Jr. Executive Vice President and President, Merck Animal Health at Merck & Co., received a total compensation of $9.10 M in 2024.
- Caroline Litchfield Executive Vice President and Chief Financial Officer at Merck & Co., received a total compensation of $7.51 M in 2024.
Merck & Co.'s CEO salary and other executives compensation in 2024 was as follows:
Executive Compensation Summary Table
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Robert M. Davis Chairman, Chief Executive Officer and President | $23.19 M | $20.27 M | $18.65 M |
| Base Salary | $1.62 M | $1.60 M | $1.54 M |
| Incentive Plan Compensation | $2.76 M | $3.59 M | $4.13 M |
| All Other Compensation | $561.11 K | $386.15 K | $412.49 K |
| Stock Award | $13.08 M | $10.00 M | $8.87 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 | $280.32 K | - | - |
| Stock Award | $6.64 M | - | - |
| Dean Li, M.D., Ph.D. Executive Vice President and President, Merck Research Laboratories | $10.09 M | $9.78 M | $7.77 M |
| Base Salary | $1.45 M | $1.37 M | $1.10 M |
| Incentive Plan Compensation | $1.66 M | $2.07 M | $2.23 M |
| All Other Compensation | $170.18 K | $172.15 K | $122.23 K |
| Stock Award | $4.72 M | $4.15 M | $2.94 M |
| Richard R. DeLuca, Jr. Executive Vice President and President, Merck Animal Health | $9.10 M | $6.20 M | $5.62 M |
| Base Salary | $958.75 K | $910.03 K | $840.52 K |
| Incentive Plan Compensation | $1.10 M | $1.37 M | $1.51 M |
| All Other Compensation | $114.51 K | $118.93 K | $101.01 K |
| Stock Award | $5.70 M | $2.37 M | $2.26 M |
| Caroline Litchfield Executive Vice President and Chief Financial Officer | $7.51 M | $8.30 M | $5.70 M |
| Base Salary | $1.17 M | $1.09 M | $959.96 K |
| Incentive Plan Compensation | $1.33 M | $1.67 M | $1.74 M |
| All Other Compensation | $147.21 K | $327.41 K | $106.39 K |
| Stock Award | $3.59 M | $3.15 M | $2.08 M |
| Sanat Chattopadhyay Executive Vice President and President, Merck Manufacturing Division | - | $6.24 M | - |
| Base Salary | - | $934.92 K | - |
| Incentive Plan Compensation | - | $1.39 M | - |
| All Other Compensation | - | $160.19 K | - |
| Stock Award | - | $2.44 M | - |
| Chirfi Guindo Chief Marketing Officer, Human Health | - | - | $13.94 M |
| Base Salary | - | - | $348.08 K |
| Incentive Plan Compensation | - | - | $502.50 K |
| All Other Compensation | - | - | $161.14 K |
| Stock Award | - | - | $12.40 M |
| Kenneth C. Frazier Former Executive Chairman | - | - | $8.51 M |
| Base Salary | - | - | $1.15 M |
| Incentive Plan Compensation | - | - | $2.04 M |
| All Other Compensation | - | - | $323.49 K |
| Stock Award | - | - | $5.00 M |
| Jennifer Zachary Executive Vice President and General Counsel | - | - | $5.90 M |
| Base Salary | - | - | $970.67 K |
| Incentive Plan Compensation | - | - | $1.65 M |
| All Other Compensation | - | - | $113.44 K |
| Stock Award | - | - | $2.26 M |
