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* THE VALUE IS THE MARKET VALUE AS OF THE LAST DAY OF THE QUARTER FOR WHICH THE 13F WAS FILED.
FUND | NUMBER OF SHARES | VALUE ($) | PUT OR CALL |
---|---|---|---|
Metatron Capital SICAV plc | 5,612,866,598 | 2,279,300 | |
VANGUARD GROUP INC | 518,535,151 | 13,756,737,557 | |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 155,459,101 | 4,124,329,964 | |
WELLINGTON MANAGEMENT GROUP LLP | 139,990,889 | 3,713,958,285 | |
GEODE CAPITAL MANAGEMENT, LLC | 120,589,782 | 3,190,131,185 | |
NORGES BANK | 87,786,882 | 2,328,985,979 | |
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 76,502,238 | 2,029,604,374 | |
SUSQUEHANNA INTERNATIONAL GROUP, LLP | 69,451,726 | 1,842,554,290 | |
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | 54,508,560 | 1,446,112,097 | |
CITADEL ADVISORS LLC | 50,982,509 | 1,352,565,964 | |
Capital World Investors | 43,615,408 | 1,157,107,595 | |
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 39,402,619 | 1,045,351,481 | |
Legal & General Group Plc | 36,906,565 | 979,131,171 | |
AMUNDI | 36,331,557 | 975,864,403 | |
JANE STREET GROUP, LLC | 30,880,683 | 819,264,520 | |
DIMENSIONAL FUND ADVISORS LP | 29,264,278 | 776,345,619 | |
DEUTSCHE BANK AG\ | 26,392,761 | 700,199,949 | |
D. E. Shaw & Co., Inc. | 22,944,580 | 608,719,707 | |
Parametric Portfolio Associates LLC | 21,908,327 | 1,134,194 | |
VAN ECK ASSOCIATES CORP | 21,286,805 | 564,739 | |
BNP PARIBAS FINANCIAL MARKETS | 18,985,144 | 645,907,100 | |
PRICE T ROWE ASSOCIATES INC /MD/ | 18,872,389 | 500,685 | |
DIAMOND HILL CAPITAL MANAGEMENT INC | 18,623,356 | 494,077,635 | |
HSBC HOLDINGS PLC | 18,443,036 | 489,038,008 | |
California Public Employees Retirement System | 16,073,641 | 426,433,696 | |
Swiss National Bank | 16,008,312 | 424,700,517 | |
Starboard Value LP | 15,368,658 | 407,730,497 | |
Nuveen Asset Management, LLC | 15,158,966 | 402,167,355 | |
FIRST TRUST ADVISORS LP | 14,372,086 | 381,291,422 | |
AMUNDI ASSET MANAGEMENT US, INC. | 14,037,210 | 508,569 | |
LSV ASSET MANAGEMENT | 13,752,492 | 364,854 | |
SIMPLEX TRADING, LLC | 13,049,353 | 346,198 | |
Unisphere Establishment | 12,650,000 | 335,604,500 | |
National Pension Service | 11,855,947 | 314,538,274 | |
NATIONAL BANK OF CANADA /FI/ | 11,628,509 | 487,188,309 | |
Fisher Asset Management, LLC | 11,148,116 | 295,759,538 | |
1832 Asset Management L.P. | 10,769,580 | 285,716,957 | |
FMR LLC | 10,756,020 | 285,357,236 | |
Allianz Asset Management GmbH | 10,610,047 | 281,484,547 | |
ENVESTNET ASSET MANAGEMENT INC | 10,402,113 | 263,589,531 | |
LPL Financial LLC | 10,151,603 | 269,322,019 | |
Assenagon Asset Management S.A. | 10,046,340 | 254,574,256 | |
Camber Capital Management LP | 10,000,000 | 265,300 | |
SCHRODER INVESTMENT MANAGEMENT GROUP | 9,973,310 | 264,591,914 | |
THORNBURG INVESTMENT MANAGEMENT INC | 9,895,877 | 262,537,617 | |
TWO SIGMA ADVISERS, LP | 9,330,500 | 247,538,165 | |
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 9,150,507 | 242,762,951 | |
Mitsubishi UFJ Asset Management Co., Ltd. | 9,013,007 | 239,655,856 | |
CREDIT SUISSE AG/ | 8,614,681 | 239,057,398 | |
NEW YORK STATE COMMON RETIREMENT FUND | 8,507,294 | 225,699 | |
CANADA PENSION PLAN INVESTMENT BOARD | 8,259,598 | 219,127,135 | |
RAYMOND JAMES & ASSOCIATES | 8,209,415 | 237,580,380 | |
MARSHALL WACE, LLP | 7,759,490 | 205,859,272 | |
Robeco Institutional Asset Management B.V. | 7,431,299 | 188,309,113 | |
DekaBank Deutsche Girozentrale | 7,398,373 | 195,568 | |
SAMLYN CAPITAL, LLC | 7,291,751 | 193,450,154 | |
MACQUARIE GROUP LTD | 7,281,544 | 147,593,864 | |
EATON VANCE MANAGEMENT | 7,125,127 | 311,795 | |
SUSQUEHANNA ADVISORS GROUP, INC. | 7,000,000 | 185,710,000 | |
PZENA INVESTMENT MANAGEMENT LLC | 6,951,579 | 184,425,391 | |
FIL Ltd | 6,788,512 | 180,099,223 | |
BRANDES INVESTMENT PARTNERS, LP | 6,708,164 | 177,967,597 | |
AQR CAPITAL MANAGEMENT LLC | 6,698,797 | 177,719,082 | |
CANADA LIFE ASSURANCE Co | 6,678,941 | 177,165 | |
Ensign Peak Advisors, Inc | 6,445,011 | 170,986,142 | |
Twin Tree Management, LP | 6,212,600 | 164,820,282 | |
GROUP ONE TRADING LLC | 5,859,600 | 155,455,188 | |
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 5,668,114 | 150,375,064 | |
APG Asset Management N.V. | 5,619,213 | 143,966,896 | |
MILLENNIUM MANAGEMENT LLC | 5,507,604 | 146,116,734 | |
CAPITAL FUND MANAGEMENT S.A. | 5,316,699 | 141,052,024 | |
TWO SIGMA INVESTMENTS, LP | 5,302,731 | 140,681,453 | |
NATIXIS | 5,276,396 | 139,982,786 | |
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 5,192,000 | 137,743,760 | |
VICTORY CAPITAL MANAGEMENT INC | 5,152,861 | 136,705,402 | |
Swedbank AB | 5,131,174 | 136,130,045 | |
EcoR1 Capital, LLC | 5,000,000 | 132,650,000 | |
MANUFACTURERS LIFE INSURANCE COMPANY, THE | 4,836,488 | 128,312,027 | |
Cullen Capital Management, LLC | 4,774,380 | 126,664,306 | |
Marshall Wace North America L.P. | 4,738,171 | 203,788 | |
NEW YORK STATE TEACHERS RETIREMENT SYSTEM | 4,666,604 | 118,252 | |
COMMONWEALTH EQUITY SERVICES, LLC | 4,485,106 | 118,990 | |
PARNASSUS INVESTMENTS, LLC | 4,392,905 | 116,543,770 | |
Swedbank | 4,325,914 | 158,934 | |
Korea Investment CORP | 4,276,631 | 113,459,020 | |
Ruffer LLP | 4,206,387 | 111,598,511 | |
Universal- Beteiligungs- und Servicegesellschaft mbH | 4,139,926 | 109,832,237 | |
Hudson Bay Capital Management LP | 4,100,331 | 108,781,781 | |
NORDEA INVESTMENT MANAGEMENT AB | 4,071,700 | 108,001,843 | |
IMC-Chicago, LLC | 4,048,800 | 102,596,592 | |
Balyasny Asset Management L.P. | 4,026,730 | 106,829,147 | |
Aperio Group, LLC | 3,916,862 | 144,180 | |
LETKO, BROSSEAU & ASSOCIATES INC | 3,863,988 | 102,511,602 | |
Empower Advisory Group, LLC | 3,852,683 | 102,211,672 | |
Russell Investments Group, Ltd. | 3,798,470 | 100,751,906 | |
Credit Agricole S A | 3,752,606 | 99,556,637 | |
abrdn plc | 3,737,487 | 98,763,095 | |
Squarepoint Ops LLC | 3,717,767 | 98,632,359 | |
ASSETMARK, INC | 3,653,112 | 96,917,070 | |
Qube Research & Technologies Ltd | 3,604,400 | 95,624,732 |
DIRECTORS | AGE | BIO | OTHER DIRECTOR MEMBERSHIPS |
---|---|---|---|
Suzanne Nora Johnson KEY SKILLS & EXPERIENCE Business Leadership & Operations/Risk Management/International Business: Ms. Nora Johnson’s careers in law and investment banking, including serving in various leadership roles at Goldman Sachs Group, Inc. (Goldman Sachs), provide valuable business experience and critical insights into the roles of the law and finance when evaluating strategic transactions. Finance & Accounting: Ms. Nora Johnson also brings financial expertise to the Board, providing an understanding of financial statements, corporate finance, accounting, capital markets and risk management. Healthcare & Pharma: Ms. Nora Johnson’s extensive knowledge of healthcare through her role in healthcare investment banking and investing, as well as her involvement with not-for-profit organizations, such as in scientific research (The Carnegie Institution) and healthcare policy (The Brookings Institution) provide touchstones of public opinion and exposure to diverse, global points of view. BACKGROUND Retired Vice Chairman, Goldman Sachs, since 2007. During her 21-year tenure with Goldman Sachs, she served in various leadership roles, including Chair of the Global Markets Institute, Head of Global Research, and Head of Global Health Care. Board Chair of Intuit Inc.; Co-Chair, Board of Trustees of The Brookings Institution; Member of the Board of Trustees of the Carnegie Institution of Washington; and Chair of the Board of Trustees of the University of Southern California. Member of the American Academy of Arts and Sciences. Director of American International Group, Inc. from 2008 to 2020 and Visa, Inc. from 2007 to 2022. | |||
Susan Hockfield, Ph.D. KEY SKILLS & EXPERIENCE Academia/Business Leadership & Operations/Medicine & Science: Dr. Hockfield has strong leadership skills, having served as the first woman and first life scientist President of the Massachusetts Institute of Technology (MIT) from 2004 to 2012 and as Dean of the Graduate School of Arts and Sciences from 1998 to 2002 and Provost from 2003 to 2004 at Yale University. Her background also reflects significant achievements in academia and science as she has served as a professor of Neuroscience at the Yale University School of Medicine (1985-2004) and MIT (2004-present). Pfizer benefits from her experience, expertise, achievements and recognition in both medicine and science. Government & Public Policy: Pfizer benefits from Dr. Hockfield’s breadth and depth of experience in the public policy space, including her public service as Science Envoy with the U.S. Department of State, co-chair of the Advanced Manufacturing Partnership, as a member of a Congressional Commission evaluating the Department of Energy laboratories, and as President and Chair of the American Association for the Advancement of Science. BACKGROUND Professor of Neuroscience and President Emerita at MIT. Served as MIT’s sixteenth president from 2004 to 2012. Member, Koch Institute for Integrative Cancer Research at MIT. Prior to joining MIT, she was the William Edward Gilbert Professor of Neurobiology, Dean of the Graduate School of Arts and Sciences from 1998 to 2002 and Provost from 2003 to 2004 at Yale University. Board Member of Repertoire Immune Medicines, Cajal Neuroscience (until 2024) and Break Through Cancer. Founding co-chair of the Advanced Manufacturing Partnership. Fellow of the American Association for the Advancement of Science. Member of the American Academy of Arts and Sciences and the Society for Neuroscience. Recipient of the Charles L. Branch BrainHealth Award, Charles Judson Herrick Award from the American Association of Anatomists, the Wilbur Lucius Cross Award from Yale University, the Meliora Citation from the University of Rochester, the Golden Plate Award from the Academy of Achievement, the Amelia Earhart Award from the Women’s Union, the Edison Achievement Award, the Pinnacle Award for Lifetime Achievement from the Greater Boston Chamber of Commerce and the Geoffrey Beene Builders of Science Award from Research!America. She previously served as a Director of General Electric Company from 2006 until 2018 and of Qualcomm Incorporated from 2012 until 2016. | |||
Susan Desmond-Hellmann, MD, M.P.H. KEY SKILLS & EXPERIENCE Business Leadership & Operations: Dr. Desmond-Hellmann brings strong leadership, expertise in business operations and global perspectives to the Board through her experiences as former Chief Executive Officer of the Bill & Melinda Gates Foundation, where she oversaw the creation of the Gates Medical Research Institute (GMRI), as former President of Product Development at Genentech and as Chancellor of the University of California, San Francisco (UCSF). Medicine & Science/Healthcare & Pharma/Academia: Dr. Desmond-Hellmann’s background reflects significant achievements in medicine, healthcare and academia. She brings expertise in medicine and science from her leadership roles in product development and clinical cancer research. Through her experiences at a biotechnology company and at a pharmaceutical institute, she brings healthcare and pharma industry expertise. In addition, she has significant achievements in academia through her service as a distinguished professor at UCSF. Pfizer and the Board benefit from her depth of experience and expertise in medicine, healthcare and academia. Technology & Cybersecurity: Dr. Desmond-Hellmann brings an expertise in technology and innovation from her previous experiences at Genentech and as a director on other public company boards, including Meta, as well as her experiences as a Director of OpenAI. BACKGROUND Board member of OpenAI, National Resilience, Inc. and Stand Up To Cancer. Senior Advisor at Lazard, Inc. in the Healthcare Group. Senior Advisor at GMRI from 2020 to 2021. CEO of the Bill & Melinda Gates Foundation, a private foundation committed to enhancing global healthcare, reducing extreme poverty and expanding educational opportunities, from 2014 to 2020. She served as the first female, and ninth overall, Chancellor of UCSF from 2009 to 2014. Dr. Desmond-Hellmann remains an Adjunct Professor at UCSF. Member of the President’s Council of Advisors on Science and Technology. From 1995 through 2009, she was employed at Genentech where she served as President of Product Development from 2005 to 2009, overseeing pre-clinical and clinical development, business development and product portfolio management. Prior to Genentech, she was Associate Director, Clinical Cancer Research at Bristol-Myers Squibb Pharmaceutical Research Institute. Director of: (i) Meta from 2013 to 2019; and (ii) Procter & Gamble from 2010 to 2017. Received the Hockfield Cancer Research Prize (2023). | |||
Scott Gottlieb, MD KEY SKILLS & EXPERIENCE Government & Public Policy/Medicine & Science/Healthcare & Pharma: Dr. Gottlieb brings significant expertise in health care, public policy and the biopharmaceutical industry to Pfizer’s Board and the Regulatory and Compliance and Science and Technology Committees. Through his work as a physician and his tenure at the U.S. Food and Drug Administration (FDA), Dr. Gottlieb has demonstrated an understanding of patient needs, the public policy environment and the rapidly changing dynamics of biopharmaceutical research and development. Technology & Cybersecurity: Dr. Gottlieb brings an expertise in technology and innovation from his experiences on the boards of directors of Tempus AI, Inc., an artificial intelligence-enabled precision medicine company, and Xaira Therapeutics, Inc., a private, AI-focused biotechnology company launched in 2024. BACKGROUND Partner, New Enterprise Associates, Inc.’s Healthcare Investment Team and Resident Fellow of the American Enterprise Institute since 2019. Served as the 23rd Commissioner of the FDA from 2017 to 2019. Prior to serving as Commissioner of the FDA, Dr. Gottlieb held several roles in the public and private sectors, including serving as a Venture Partner to New Enterprise Associates, Inc. from 2007 to 2017. Director of Illumina, Inc. and Tempus AI, Inc. Director of Aetion, Inc. a private healthcare data technology company, Comanche Biopharma, a private maternal medicine biopharmaceutical company, and Xaira Therapeutics, Inc. Board Member of National Resilience, Inc. Scientific Advisory Board Member of CellCarta. Member of the National Academy of Medicine and a contributor to the financial news network CNBC. | |||
Ronald E. Blaylock KEY SKILLS & EXPERIENCE Business Leadership & Operations/Risk Management: Mr. Blaylock’s extensive experience in private equity and investment banking brings business leadership, financial expertise and risk management skills to the Board. In addition, Mr. Blaylock’s service on the compensation committees of other public companies enables him to bring valuable insights to Pfizer’s Board and Compensation Committee. Finance & Accounting: Mr. Blaylock’s significant financial background, including as the founder and managing partner of GenNx360 Capital Partners and the founder of Blaylock & Company, brings substantial financial expertise and a unique perspective to the Board on issues of importance relating to finance. BACKGROUND Founder, Managing Partner of GenNx360 Capital Partners, a private equity firm focused on investing in industrial and business services companies in the U.S. middle market since 2006. Prior to launching GenNx360 Capital Partners, Mr. Blaylock founded and managed Blaylock & Company, an investment banking firm. He also held senior management positions at UBS, PaineWebber Group and Citicorp. Director of CarMax, Inc. and W.R. Berkley Corporation, an insurance holding company. Former Director of Advantage Solutions Inc. (from 2019 to 2022) and Urban One, Inc. (from 2002 until 2019). Member of the Board of Trustees of Carnegie Hall. Member of the Board of Overseers of New York University Stern School of Business. Board Member of the Mental Health Coalition. | |||
Mortimer J. Buckley KEY SKILLS & EXPERIENCE Business Leadership & Operations/Finance & Accounting/International Business/Risk Management/Human Capital Management: Mr. Buckley’s extensive experience as Chairman and Chief Executive Officer, Chief Investment Officer, and Chief Information Officer of The Vanguard Group, Inc. (Vanguard) has equipped him with invaluable expertise in financial markets, business leadership, capital allocation, regulation, talent management, technology, and operations. His background enables him to bring a unique investor and asset management perspective to the Board, which is an asset for Pfizer and our shareholders. Technology & Cybersecurity: Throughout his tenure at Vanguard, he spearheaded significant digital agendas, built out cybersecurity, and drove the innovative use of new technologies. BACKGROUND Chairman and Chief Executive Officer of Vanguard from 2018 to 2024. Previously, held a number of senior leadership positions at Vanguard, including Vanguard’s Chief Investment Officer from 2013 to 2017, overseeing the company’s managed stock, bond and money market portfolios as well as its investment research and methodology, and Chief Information Officer from 2001 to 2006. In addition, led Vanguard’s Personal Investor division from 2006 to 2012. Served as Chairman of the Board of Children’s Hospital of Philadelphia from 2011 to 2017. Director of The Boeing Company. | |||
Joseph J. Echevarria KEY SKILLS & EXPERIENCE Business Leadership & Operations/International Business/Risk Management: Mr. Echevarria’s 36-year career at Deloitte and his current role as President of the University of Miami (UM) brings financial expertise and international business, leadership and operational and risk management skills to the Board. Finance & Accounting: Mr. Echevarria’s financial acumen, including his significant audit experience, expertise in accounting issues and service on the audit committees of other public companies, is an asset to Pfizer’s Board and Audit Committee. Government & Public Policy: Pfizer also benefits from Mr. Echevarria’s breadth and diversity of experience, which includes his former public service on President Obama’s Export Council. BACKGROUND President of UM since October 2024. Served as the CEO of Deloitte LLP, a global provider of professional services, from 2011 until his retirement in 2014. During his 36-year tenure with Deloitte, served in various leadership roles, including Deputy Managing Partner, Southeast Region, Audit Managing Partner and U.S. Managing Partner and Chief Operating Officer. Mr. Echevarria served as CEO of UHealth of UM from 2022 until 2024, and served as Trustee of UM since 2011. Serves as Chair Emeritus of former President Obama’s My Brother’s Keeper Alliance and as an advisor to the Obama Foundation. Chairman of the Board of The Bank of New York Mellon Corporation. Director of Unum Group, a provider of financial protection benefits. Director of Xerox Holdings Corporation from 2017 until 2023. Former member of the Presidential Commission on Election Administration. | |||
James Quincey KEY SKILLS & EXPERIENCE Business Leadership & Operations/International Business/Finance & Accounting/Human Capital Management: Mr. Quincey’s experience as Chairman and CEO of The Coca-Cola Company brings strong business and leadership and human capital management skills, including extensive experience in leading business operations in international markets, such as Latin America and Europe, to the Board. He also brings a high level of financial experience acquired through his various leadership positions at The Coca-Cola Company, managing complex financial transactions, mergers and acquisitions, business strategy and international operations. Technology & Cybersecurity: Mr. Quincey also brings expertise in information technology to Pfizer’s Board. In his leadership position at The Coca-Cola Company, he is responsible for the company’s information technology function. BACKGROUND Chairman and Chief Executive Officer of The Coca-Cola Company, a total beverage company with products sold in more than 200 countries and territories. He was appointed Chairman of the Board in 2019 and CEO in 2017. Prior to his appointment as CEO in 2017, he held various leadership roles at The Coca-Cola Company, including President and Chief Operating Officer from 2015 to 2017, President of the Europe Group, President of the Northwest Europe and Nordics business unit and President of the Mexico division. Director of US-China Business Council and Catalyst. | |||
James C. Smith KEY SKILLS & EXPERIENCE Business Leadership & Operations/Finance & Accounting/Human Capital Management/International Business/Risk Management: Through Mr. Smith’s experience as former President and CEO of Thomson Reuters Corporation (Thomson Reuters) he brings valuable leadership, finance, international business, risk management and human capital management skills to our Board. Pfizer benefits from Mr. Smith’s organizational expertise and leadership experience, developed through numerous senior management roles and on notable merger and acquisition activities, including the acquisition and subsequent integration of two of the information industry’s preeminent firms, as well as his strong operational and international expertise. Mr. Smith’s previous experience running global Human Resources for the Thomson Corporation informs his strong advocacy for culture and talent development. BACKGROUND Chairman of the Thomson Reuters Foundation, a London-based charity supported by Thomson Reuters. President and Chief Executive Officer of Thomson Reuters, a provider of intelligent information for businesses and professionals from 2012 through March 2020, its Chief Operating Officer from September 2011 to December 2011, and Chief Executive Officer, Thomson Reuters Professional Division, from 2008 to 2011. Prior to the acquisition of Reuters Group PLC by The Thomson Corporation in 2008, served as Chief Operating Officer of Thomson Corporation and as President and Chief Executive Officer of Thomson Learning’s Academic and Reference Group. Director of Refinitiv, a privately held global provider of financial market data and infrastructure until its acquisition by the London Stock Exchange Group in January 2021. Member of the Board of Governors of Marshall University. Member of the Board of Trustees of the Brookings Institution. Director of Thomson Reuters from 2012 until 2020. | |||
Dan R. Littman, MD, Ph.D. KEY SKILLS & EXPERIENCE Medicine & Science/Healthcare & Pharma/Academia: Dr. Littman’s background reflects significant achievements in medicine, healthcare and academia. He has served as a faculty member at the NYU Langone Medical Center for more than 25 years and is a renowned immunologist and molecular biologist. Pfizer benefits from his experience, expertise, achievements and recognition in both medicine and science. In addition, his experiences as a member of the National Academy of the Sciences and the National Academy of Medicine enable him to bring a broad perspective of the scientific and medical community to the Board. BACKGROUND Helen L. and Martin S. Kimmel Professor of Molecular Immunology, Department of Pathology at NYU Grossman School of Medicine (NYU Grossman). Professor, Department of Microbiology at NYU Grossman since 1995 and Investigator, Howard Hughes Medical Institute, since 1987. Professor of Microbiology and Immunology at the University of California, San Francisco from 1985 to 1995. Member of the National Academy of the Sciences and the National Academy of Medicine. Fellow of the American Academy of Arts and Sciences and the American Academy of Microbiology. Founding Scientific Advisory Board Member of Vedanta Biosciences and Scientific co-founder and Advisory Board Member of Immunai, Inc. Member of Scientific Advisory Boards at the Cancer Research Institute, the Broad Institute, IMIDomics, Scleroderma Research Foundation, Sonoma Biotherapeutics, Whitehead Institute of MIT Board of Advising Scientists and the Ragon Institute of MGH, MIT and Harvard. Member of the Scientific Steering Committee of Parker Institute of Cancer Immunotherapy. Awarded the New York City Mayor’s Award for Excellence in Science and Technology (2004), the Ross Prize in Molecular Medicine (2013), the Vilcek Prize in Biomedical Science (2016), and the William B. Coley Award for Distinguished Research in Basic and Tumor Immunology (2016). | |||
Cyrus Taraporevala KEY SKILLS & EXPERIENCE Business Leadership & Operations/International Business/Finance & Accounting/Risk Management/Human Capital Management: Mr. Taraporevala's extensive experience as President and CEO of State Street Global Advisors has endowed him with exceptional executive leadership skills in investment management, with a focus on both active and index strategies. His expertise in capital markets and long-term value creation strategies further strengthens his contributions to the Board. He brings robust business management, operations and leadership skills, including a wealth of experience in leading global business operations. Mr. Taraporevala's leadership experience from prominent investment firms and his extensive financial expertise gained through various high-level positions at major financial institutions add tremendous value to the Board. Furthermore, his insights into matters such as sustainability provide a valuable perspective on the long-term challenges and opportunities facing public companies. BACKGROUND President and Chief Executive Officer of State Street Global Advisors from 2017 until 2022. Previously, held a variety of senior leadership roles at State Street Global Advisors, including responsibility for leading the global institutional client, product and marketing teams. Prior to joining State Street Advisors, held numerous leadership roles in asset management including at Fidelity Investments, The Bank of New York Mellon Corporation, Legg Mason Inc., and Citigroup Inc. Spent 14 years at McKinsey & Company, the management consulting firm. Director of Shell plc. Also serves as a Director of Bridgepoint Group plc, a London-based international alternative asset fund management group. Member of the Board of Trustees of two not-for-profit organizations: GBH, a public media broadcaster, and The Trustees of Reservations, a Massachusetts-based land conservation organization. | |||
Albert Bourla, DVM, Ph.D. KEY SKILLS & EXPERIENCE Business Leadership & Operations/Human Capital Management/International Business/Healthcare & Pharma: Dr. Bourla has over 30 years of leadership experience and a demonstrated track record for delivering strong business results. Dr. Bourla has deep knowledge of the global healthcare industry as he has held a number of senior global positions across a range of businesses in five different countries (including eight different cities) over the course of his career, which enables him to provide important insights and perspectives to our Board on the company’s commercial, strategic, manufacturing and global product development functions. As Chairman and CEO, Dr. Bourla provides an essential link between management and the Board regarding management’s business perspectives. In addition, his experience on the Board of Pharmaceutical Research and Manufacturers of America (PhRMA) enables him to bring a broad perspective on issues facing our industry. Medicine & Science: Dr. Bourla brings expertise in medicine and science to the Board through his distinguished career at Pfizer. Since joining Pfizer in 1993, Dr. Bourla has served in various leadership positions with increasing responsibility within Pfizer’s former Animal Health and global commercial organizations. In addition, he is a Doctor of Veterinary Medicine and holds a Ph.D. in the Biotechnology of Reproduction from the Veterinary School of Aristotle University. BACKGROUND Chairman of the Board of Pfizer since January 2020; Chief Executive Officer of Pfizer since January 2019; Chief Operating Officer of Pfizer from January 2018 until December 2018; Group President, Pfizer Innovative Health from June 2016 until December 2017; Group President, Global Innovative Pharma Business of Pfizer from February 2016 until June 2016 (responsible for Vaccines, Oncology and Consumer Healthcare from 2014). President and General Manager of Established Products Business Unit of Pfizer from 2010 until 2013. Chair of the Board of PhRMA and Chair of the Board of The Pfizer Foundation, which promotes access to quality healthcare. Co-Chair of the Board of Directors of the Partnership for New York City and Member of the Board of Catalyst. |
2025 COMPENSATION ACTIONS
Salary, Target Annual Incentive and Annual Long-Term Incentive Awards
At its February 2025 meeting, the Committee approved the following 2025 salaries (effective April 1, 2025), 2025 annual incentive targets and March 2025 long-term incentive awards, for the NEOs continuing to serve as executive officers in 2025:
|
|||||||||||||||||||||||
Name
|
April 1, 2025
Salary
($)
|
2025 Target Annual
Incentive
(%)
|
2025 Target Annual
Incentive
($)
|
2025 LTI Award
Value
($)
|
Total Direct
Compensation
($)
|
||||||||||||||||||
A. Bourla
|
1,800,000 | 200% | 3,600,000 | 18,000,000 | 23,400,000 | ||||||||||||||||||
D. Denton | 1,399,152 | 100% | 1,389,104 | 5,000,000 | 7,788,256 | ||||||||||||||||||
A. Malik | 1,396,989 |
100%
|
1,386,956 | 4,500,000 | 7,283,945 | ||||||||||||||||||
C. Boshoff
|
1,400,000 |
100%
|
1,400,000 | 6,000,000 | 8,800,000 | ||||||||||||||||||
Note: Dr. Dolsten’s compensation data are not reported in the supplemental table above as Dr. Dolsten ceased serving as an executive officer at the close of business on December 31, 2024 and is no longer employed by the company having been terminated without cause on February 28, 2025. While Dr. Dolsten did receive a 2024 performance year bonus for his performance in 2024, his salary of $1,668,400 from April 2024 until his termination date was unchanged, and he did not receive a 2025 annual long-term incentive award. Dr. Dolsten will be eligible for a prorated annual incentive award for 2025 under the current terms of the GPP.
The Committee evaluated the target annual incentive, and in consultation with the Committee’s independent advisor affirmed the target incentive percentages.
Target annual incentive is calculated by multiplying the target incentive percentage by the salary earned during 2025 (estimated for purposes of this table).
These awards included 50% of the award value granted as 5-Year TSRUs and the remaining 50% granted as PSAs. The long-term incentive award values are converted into units, subject to rounding, on the day of grant, using the closing stock price/value on March 4, 2025 of $25.75. The 5-Year TSRU values were converted to TSRUs using $6.05, representing the estimated value at grant using the Monte Carlo Simulation model as of March 4, 2025 (grant date). See Equity Award Grant Practices later in this Proxy Statement.
|
Price
Yield
Owner | Position | Direct Shares | Indirect Shares |
---|---|---|---|
BOURLA ALBERT | - | 367,589 | 5,357 |
Dolsten Mikael | - | 354,145 | 1,881 |
BOURLA ALBERT | - | 352,477 | 4,282 |
Dolsten Mikael | - | 321,729 | 1,981 |
BOSHOFF CHRISTOFFEL | - | 155,100 | 664 |
Pao William | - | 97,765 | 0 |
de Germay Alexandre | - | 74,377 | 0 |
Denton David M | - | 48,224 | 0 |
Denton David M | - | 37,919 | 0 |
BLAYLOCK RONALD E | - | 27,707 | 4,750 |
Gottlieb Scott | - | 10,000 | 0 |
DAMICO JENNIFER B. | - | 9,003 | 0 |
DAMICO JENNIFER B. | - | 8,582 | 0 |
PFIZER INC | - | 0 | 1,080,510 |