IMS Health Holdings Inc. is paying up to make sure Chief Executive Officer Ari Bousbib won’t depart to a bigger rival of the data-services firm. The price tag for 2015: $34.8 million.
Bousbib’s compensation for last year, disclosed in a proxy filing this week, is more than five times the median pay package awarded in 2014 to CEOs in the Danbury, Conn.-based company’s self-identified peer group. Raymond McDaniel of Moody’s Corp., the second-highest-paid boss in the group, received $14.1 million that year.
The board set Bousbib’s pay after considering practices at “significantly larger companies” that may be “realistic competitors” ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.