PHARMA MARKETING EXPERT WITNESS.

Peter Rost, M.D., is a former Pfizer Marketing Vice President providing services as a medical device and drug expert witness and pharmaceutical marketing expert. Judge Sanders: "The court agrees with defendants' view that Dr. Rost is a very adept and seasoned expert witness." He is also the author of Emergency Surgery, The Whistleblower and Killer Drug. You can reach him on rostpeter (insert symbol) hotmail.com. Follow on https://twitter.com/peterrost

Friday, March 16, 2007

Pay bonanza at Pfizer. Again.

Pfizer Vice Chairman Karen Katen is taking off with $76 million in her pockets, according to the WSJ.

And CEO Jeff Kindler gets a 36% base-pay raise for 2007 and takes home a total compensation valued at $11.4 million for 2006, according to AP.

For some reason Pfizer's sales reps are not amused. More here.

Oh, and by the way, here is Pfizer's share price development over the last five years, compared to the AMEX pharmaceutical index:

Finally, don't miss PharmaGiles' send off of Katen!

3 comments:

Anonymous said...: Hi Doc. Good to see you back on the Pharma beat again. I've have just picked through the SEC filing and updated my blog accordingly. There's enough stuff in there to keep a blogger in posts for a few days. But I'm beginning to wonder if all these "greed beyind the dreams of avarice" pay-outs is turning into a ho-hum "dog bites man story".

I may have to give up on the satire stuff. The industry keeps doing things you just can't make up...; 3/16/2007
. said...: ditto; 3/17/2007
Unknown said...: And so many people wonder why health care costs are so out of hand. Without a clue. Sigh...; 3/18/2007