Pfizer CEO Gets 12.5% Raise for Successful Lobbying

[The Straight Story]

Pfizer CEO Gets 12.5% Raise for Successful Lobbying


As head of the nation’s largest pharmaceutical company, Pfizer CEO Jeff Kindler has lobbied long and hard on behalf of his corporation, and been handsomely rewarded for his efforts. Kindler earned a 12.5% pay increase, elevating his salary to $1.8 million and his total compensation to nearly $15 million, for his lobbying, which included six visits last year to the White House.

According to Pfizer’s filing with the Securities and Exchange Commission, Kindler was effective in “developing and advancing U.S. and global public policies that serve the overall interests” of the company, which included “constructive participation in the U.S. legislative process to advance Pfizer’s goals.” He was also credited for helping keep imported prescription drugs out of the U.S. market.

http://www.allgov.com/Controversies/ViewNews/Pfizer_CEO_Gets_12_5_Percent_Raise_for_Successful_Lobbying_100311

[ShortnFiery]

1. Didn't the Obama Administration make some sweet deals with Big Pharma?

This Senate Bill is "a heist" NOT "reform."

[Donnachaidh]

2. yup -- not a single one done in view of the public.

That ceo is probably going to contribute handsomely to campaign coffers.

[sharp_stick]

3. A raise?

that prick actually has the balls to take a fucking raise when he's personally responsible for putting more than 20,000 people on the dole in the last year?

Fucking makes me sick. I had a job offer with them about 7 years ago and turning that down has probably been the best career move I've ever made.