Genzyme Corporation Adopts New Incentive Compensation Plans for Senior Executives

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Genzyme Corporation (NASDAQ: GENZ) announced today that it has adopted new annual and long-term incentive plans for senior executives that will be utilized beginning in 2010. The plans are designed to align incentive compensation with a broader set of measures of company performance. The new incentive compensation program for senior executives is the culmination of a review process first announced last spring.

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