AbbVie CEO's Pay Doubles In Firm's First Year

Published: Mar 26, 2014

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AbbVie Inc. CEO and Chairman Richard Gonzalez's pay more than doubled to $18.2 million in 2013, the first year after the North Chicago-based drug company's spinoff from Abbott Labs. Last year also was Mr. Gonzalez's first as the top executive of a firm. As executive vice president of Abbott's pharmaceutical products group in 2012, he made $7.9 million in total compensation, between salary, stock and options awards and incentive-based pay, according to a proxy statement filed today.

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