Tuesday, March 22, 2011

Former Pfizer CEO Kindler saw 2010 compensation swell 60 per cent partly due to severance | Markets | Headline News | Canadian Business Online

INDIANAPOLIS - Former Pfizer Inc. Chairman and CEO Jeffrey B. Kindler may have left the world's largest drugmaker abruptly last December, but he didn't leave empty-handed thanks to a compensation package valued almost $22 million.

Kindler received a 60 per cent increase last year over his 2009 compensation, according to an Associated Press analysis of a Pfizer regulatory filing Tuesday.

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