Abbott Raises CEO Pay

Abbott Laboratories increased Chief Executive Miles White’s salary 4.5 percent and his bonus 40 percent in 2003, the company said in its annual proxy filing with the Securities and Exchange Commission. White’s total pay was $3.4 million, up 20 percent from 2002. The North Chicago-based drugmaker raised his salary to $1.56 million and his bonus to $1.75 million, according to the filing.

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