After cost-cutting spree, Teva chief Schultz nabs big pay bump to nearly $16M
Teva CEO Kåre Schultz got a $4 million pay bump in 2020, and he'll stick around at the Israel-based generics giant for another year, the company's proxy filing revealed. The company credits Schultz with guiding the drugmaker through a two-year cost cutting spree and slashing its spend base by $3 billion.
Source: fiercepharma.com