Eli Lilly CEO's Total Compensation Rose 10% in 2024

Dow Jones

08 Mar

By Connor Hart

Eli Lilly Chief Executive David Ricks annual compensation rose to $29.2 million in 2024, a 10% increase from the $26.2 million he received a year earlier.

Ricks' payout included $19.7 million in stock awards, $5.7 million in bonuses and nearly $352,000 in other forms of compensation, according to the drugmaker's 2025 proxy statement filed Friday with the Securities and Exchange Commission. His base salary for the year was $1.7 million.

Bonuses were tied to performance. Eli Lilly said that executives' performance highlights last year included delivering a strong financial performance, with product revenue and earnings per share topping internal targets, as well as furthering its pipeline of treatments.

Lucas Montarce, who was appointed as Eli Lilly's top finance chief in September, received $2.9 million in total compensation in 2024.

Montarce succeeded Anat Ashkenazi, who left the company earlier in the year to become CFO of Google-parent Alphabet. For her work with Eli Lilly in 2024, Ashkenazi received $5 million in total compensation.

Gordon Brooks, who served as interim CFO for a period in 2024, as well as group vice president of corporate strategy and controller, notched $2.7 million in total compensation for the year.

Other executive payouts in 2024 included Chief Scientific Officer Daniel Skovronsky, who received $12.6 million; General Counsel and Secretary Anat Hakim, who received $7.5 million; and President of Loxo@Lilly Jake Van Naarden, who received $5.8 million.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

March 07, 2025 17:15 ET (22:15 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.tigerhkgo.com/news/2517355461"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2517355461\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2517355461?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-08 06:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2517355461","market":"sh","top_or_hot":-1,"title":"Eli Lilly CEO's Total Compensation Rose 10% in 2024","media":"Dow Jones","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Connor Hart \n</p>\n<p>\n  Eli Lilly Chief Executive David Ricks annual compensation rose to $29.2 million in 2024, a 10% increase from the $26.2 million he received a year earlier. \n</p>\n<p>\n  Ricks' payout included $19.7 million in stock awards, $5.7 million in bonuses and nearly $352,000 in other forms of compensation, according to the drugmaker's 2025 proxy statement filed Friday with the Securities and Exchange Commission. His base salary for the year was $1.7 million. \n</p>\n<p>\n  Bonuses were tied to performance. Eli Lilly said that executives' performance highlights last year included delivering a strong financial performance, with product revenue and earnings per share topping internal targets, as well as furthering its pipeline of treatments. \n</p>\n<p>\n  Lucas Montarce, who was appointed as Eli Lilly's top finance chief in September, received $2.9 million in total compensation in 2024. \n</p>\n<p>\n  Montarce succeeded Anat Ashkenazi, who left the company earlier in the year to become CFO of Google-parent Alphabet. For her work with Eli Lilly in 2024, Ashkenazi received $5 million in total compensation. \n</p>\n<p>\n  Gordon Brooks, who served as interim CFO for a period in 2024, as well as group vice president of corporate strategy and controller, notched $2.7 million in total compensation for the year. \n</p>\n<p>\n  Other executive payouts in 2024 included Chief Scientific Officer Daniel Skovronsky, who received $12.6 million; General Counsel and Secretary Anat Hakim, who received $7.5 million; and President of Loxo@Lilly Jake Van Naarden, who received $5.8 million. \n</p>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 07, 2025 17:15 ET (22:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Eli Lilly CEO's Total Compensation Rose 10% in 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEli Lilly CEO's Total Compensation Rose 10% in 2024\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-08 06:15</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Connor Hart \n</p>\n<p>\n  Eli Lilly Chief Executive David Ricks annual compensation rose to $29.2 million in 2024, a 10% increase from the $26.2 million he received a year earlier. \n</p>\n<p>\n  Ricks' payout included $19.7 million in stock awards, $5.7 million in bonuses and nearly $352,000 in other forms of compensation, according to the drugmaker's 2025 proxy statement filed Friday with the Securities and Exchange Commission. His base salary for the year was $1.7 million. \n</p>\n<p>\n  Bonuses were tied to performance. Eli Lilly said that executives' performance highlights last year included delivering a strong financial performance, with product revenue and earnings per share topping internal targets, as well as furthering its pipeline of treatments. \n</p>\n<p>\n  Lucas Montarce, who was appointed as Eli Lilly's top finance chief in September, received $2.9 million in total compensation in 2024. \n</p>\n<p>\n  Montarce succeeded Anat Ashkenazi, who left the company earlier in the year to become CFO of Google-parent Alphabet. For her work with Eli Lilly in 2024, Ashkenazi received $5 million in total compensation. \n</p>\n<p>\n  Gordon Brooks, who served as interim CFO for a period in 2024, as well as group vice president of corporate strategy and controller, notched $2.7 million in total compensation for the year. \n</p>\n<p>\n  Other executive payouts in 2024 included Chief Scientific Officer Daniel Skovronsky, who received $12.6 million; General Counsel and Secretary Anat Hakim, who received $7.5 million; and President of Loxo@Lilly Jake Van Naarden, who received $5.8 million. \n</p>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 07, 2025 17:15 ET (22:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1064131342.USD","symbol_name":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2517355461","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517355461","pubTimestamp":1741385700,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Eli Lilly Chief Executive David Ricks annual compensation rose to $29.2 million in 2024, a 10% increase from the $26.2 million he received a year earlier.Ricks' payout included $19.7 million in stock awards, $5.7 million in bonuses and nearly $352,000 in other forms of compensation, according to the drugmaker's 2025 proxy statement filed Friday with the Securities and Exchange Commission. His base salary for the year was $1.7 million.Bonuses were tied to performance. Eli Lilly said that executives' performance highlights last year included delivering a strong financial performance, with product revenue and earnings per share topping internal targets, as well as furthering its pipeline of treatments.Lucas Montarce, who was appointed as Eli Lilly's top finance chief in September, received $2.9 million in total compensation in 2024.Montarce succeeded Anat Ashkenazi, who left the company earlier in the year to become CFO of Google-parent Alphabet. For her work with Eli Lilly in 2024, Ashke","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU1548497426.USD":"安联环球人工智能AT Acc","LU0985320562.USD":"NORDEA 1 GLOBAL STARS EQUITY \"BP\" (USD) ACC","LU1699723380.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"AP\" (USD) ACC","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","LU0985489474.SGD":"First Eagle Amundi International AHS-C SGD-H","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0314106906.USD":"MANULIFE GF GLOBAL EQUITY \"AA\" (USD) INC","BK4585":"ETF&股票定投概念","BK4576":"AR","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","LLY":"礼来","SG9999013999.USD":"UOB UNITED GLOBAL HEALTHCARE FUND (USDHDG) INC","LU2247934214.USD":"FIDELITY FUNDS SUSTAINABLE FUTURE CONNECTIVITY \"A\" (USD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","TSS":"Total System Services","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU2764263039.SGD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (SGDHDG) ACC","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU2244417387.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) ACC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0056508442.USD":"贝莱德世界科技基金A2","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","BK4573":"虚拟现实","BK4561":"索罗斯持仓","USJW.SI":"ALPHAB 3xLongSG261006","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","LU1261432733.SGD":"Fidelity World A-ACC-SGD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1935042991.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (SGDHDG) INC","LU0122379950.USD":"贝莱德世界健康科学A2","LU1069344957.HKD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (HKD) INC","LU1221951129.SGD":"NORDEA 1 STABLE RETURN \"HM\" (SGDHDG) INC","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","LU0203201768.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"AX\" (USD) INC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU0477156797.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"RE\" (USD) ACC"},"translate_title":"礼来公司首席执行官2024年总薪酬增长10%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSS":1,"LLY":1,"USJW.SI":0.6},"content_text":"By Connor Hart \n\n\n  Eli Lilly Chief Executive David Ricks annual compensation rose to $29.2 million in 2024, a 10% increase from the $26.2 million he received a year earlier. \n\n\n  Ricks' payout included $19.7 million in stock awards, $5.7 million in bonuses and nearly $352,000 in other forms of compensation, according to the drugmaker's 2025 proxy statement filed Friday with the Securities and Exchange Commission. His base salary for the year was $1.7 million. \n\n\n  Bonuses were tied to performance. Eli Lilly said that executives' performance highlights last year included delivering a strong financial performance, with product revenue and earnings per share topping internal targets, as well as furthering its pipeline of treatments. \n\n\n  Lucas Montarce, who was appointed as Eli Lilly's top finance chief in September, received $2.9 million in total compensation in 2024. \n\n\n  Montarce succeeded Anat Ashkenazi, who left the company earlier in the year to become CFO of Google-parent Alphabet. For her work with Eli Lilly in 2024, Ashkenazi received $5 million in total compensation. \n\n\n  Gordon Brooks, who served as interim CFO for a period in 2024, as well as group vice president of corporate strategy and controller, notched $2.7 million in total compensation for the year. \n\n\n  Other executive payouts in 2024 included Chief Scientific Officer Daniel Skovronsky, who received $12.6 million; General Counsel and Secretary Anat Hakim, who received $7.5 million; and President of Loxo@Lilly Jake Van Naarden, who received $5.8 million. \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n  (END) Dow Jones Newswires\n\n\n  March 07, 2025 17:15 ET (22:15 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0}}}