Chain CEOs' compensation: Nice pay if you can get it

April 8, 2008

A listing by the New York Times shows that CVS' CEO made more than $17 million and Walgreens' CEO made more than $5 million last year.

Ever wonder how much the CEOs of the country's largest drug chains are paid? In a table listing the pay of 200 CEOs for large public companies that filed proxies for last year by March 28, the New York Times on Sunday published that Thomas Ryan of CVS Caremark fetched a total compensation of $17.7 million last year, up 4% from the year before. In contrast, Jeffrey Rein of Walgreen pulled in a more modest amount of $5.8 million, a 27% drop from the year before. Total compensation includes base salary, cash bonus, stocks, options, and other perks. Both Ryan and Rein are pharmacists by training.

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