Schering goodbye pay dwarfs Merck CEO’s 2009 compensation
It may have been a good year for dealmaking at Merck in 2009, but that wasn’t good enough to keep CEO Richard Clark’s ( photo ) pay up to 2008 levels. Not even close, actually. Clark’s total compensation came in at $16.8 million, according to the proxy statement filed with the Securities & Exchange Commission. That’s quite a drop from the $25 million-plus he made the previous year. A 32.8 percent drop, to be specific. In fact,
