Vaccine production CEOs make a lot of money during the pandemic
An analysis of the salaries of 3 vaccine manufacturers COVID-19 in 2020, 2021 shows Pfizer CEO Albert Bourla as the person who received the most salary increase during the pandemic. His income for the period 2020-2021 is $ 45.3 million – far exceeding the $27.7 million in the period 2018-2019.
(From left to right) Pfizer CEO Albert Bourla, BioNTech’s Ugur Sahin and Moderna’s Stéphane Bancel (Image: Bloomberg)
BioNTech CEO Ugur Sahin was paid $30.8 million for the same period of 2020-2021, more than three times the $8.5 million in 2018-2019.
Moderna CEO Stéphane Bancel receives $31.1 million in 2020-2021.
The earnings of the CEOs show that the three companies have made huge profits thanks to the COVID-19 vaccine, experts say.
According to the Financial Times, bioindustry experts say the above salary is justifiable compared to the extraordinary efforts of the leaders of pharmaceutical companies in developing a COVID-19 vaccine.
Vaccines made by Pfizer, BioNTech and Moderna have saved millions of lives during the pandemic, and sent the stock prices of the three companies soaring. Shares of Pfizer are up 60% in the past 24 months, while shares of BioNTech and Moderna have tripled and 5-fold, respectively.
at Blogtuan.info – Source: vtc.vn – Read the original article here
