2023-09-05 00:00:02
According to the IMCO, more than two million formal jobs were lost in Mexico alone during the Covid-19 pandemic.
Products for personal protection registered an exponential increase in sales from the start of the health emergency.
From public financial statements, it is possible to know the salary of the highest paid CEOs in the healthcare industry.
Since 2020, there have been difficult times around the world due to the consequences of the Covid-19 pandemic. One of the most affected items is economic because there has been an increase in the price of products and massive layoffs. While at the opposite point is the healthcare industry CEO salary.
In the first instance, the field of health registered an inverse phenomenon since the WHO decreed the most serious pandemic of the last century. Since then there has been an exponential increase in the purchase of personal protection products. While vaccines became one of the biggest businesses in the world.
What is a CEO?
The acronyms correspond to the term Chief Executive Officer and are used to describe the CEO of a company. He is the head of any organization and is the person in charge of making high-impact decisions.
With this in mind, he is the person with the highest authority in the management and administration of a company. Naturally, he is also the highest paid person in the entire organization.
What is the salary of CEOs in the healthcare industry?
Now, annually Equilar portal publishes a ranking with the 100 highest paid CEOs in the world. The figures are taken from the public declarations of assets of all CEOs. In the case of what happened during 2022, it is striking that there are several pharmaceutical companies and insurance companies that appear among the selection.
Within this category, the first position went to Albert Bourlawho is he CEO of Pfizer because he had a gross annual salary of $30,543,706. It was partly thanks to the fact that the American company has multiplied its profits thanks to its vacuna Comirnaty and the oral antiviral Paxlovid, both created against the infection caused by SARS-CoV-2.
For his part, Richard Gonzalez, who is the CEO of AbbVie received an annual pay of $25,847,971. In his case, he is in charge of a biotechnology company focused on immunology, oncology, neuroscience and virology. To date, cancer drugs are considered the most profitable in the world.
Within the list there is a broad domain of men. In fact, the only woman who appears is Gail Boudreaux by Elevance Health with a pay of $20,931,081.
Finally, although the salary of all CEOs in the healthcare industry mentioned seems too high, in fact it is much lower than what happens in other sectors.
Just to get an idea, according to the ranking corresponding to 2022 of Equilarthe highest paid CEO was Barry McCarthywho is in charge of Peloton and had an annual payment of just over $168 million. In this case, it is a New York-based company that focuses on creating bicycles and exercise equipment.
Also read:
This is the annual medical salary in Mexico after the pandemic
This is the salary that a Mexican resident doctor receives in the United States
Chart of the Day: Pfizer’s Earnings Before and During the Pandemic
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