Pfizer CEO Albert Bourla earned $ 24.3 million in total revenue for 2021, up 15% from the previous year because the company’s profit more than doubled with the successful launch of its covid vaccine.
Barla received a $ 8 million cash bonus in addition to his $ 1.69 million salary. He received a total of $ 13.2 million in shares and rights and $ 1.38 million in other compensation.
Burla holds nearly 597,000 shares of Pfizer valued at more than $ 32 million at the end of Thursday. He received $ 336,000 for home security and more than $ 60,000 for air travel. His total salary is 262 times higher than the average salary of a regular Pfizer employee.
Pfizer closed with a profit of nearly $ 22 billion in 2021, more than double that of the previous year, as the company’s Govt vaccine became the most widely administered vaccine in the United States and the European Union. Sales of the Pfizer Govt vaccine will reach $ 36.7 billion in total by 2021, or 45% of its $ 81.2 billion annual revenue. Pfizer expects a further $ 32 billion in vaccine sales this year.
CEO of the Year
Recall that CNN Business Pfizer announced CEO Albert Borla as CEO of the Year.
CNN Business saw many top executives for this year’s awards, including Ford’s Jim Barley, Lowe’s Marvin Ellison, Goldman Sachs’ David Solomon and of course Tesla / SpaceX’s Time of the Year Elon Musk.
“But Barla was our choice for everything Pfizer did in a year dominated by Govt vaccines (the vaccine was named Merriam-Webster’s Best Word of the Year) and helped stabilize the U.S. economy – and the world,” CNN Business writes. .
“Pfizer did a good job [για] “Humanity and we are very proud of that,” Burla told CNN Business.