Michel Lagarde compensation by year
THERMO FISHER SCIENTIFIC Summary Compensation Table · all 7 fiscal years held| Component | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Salary | $782,329 | $908,197 | $959,153 | $1,068,630 | $1,099,210 | $1,132,299 | $1,166,433 |
| Bonus | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $2,423,534 | $2,740,226 | $3,195,811 | $2,856,932 | $3,025,589 | $3,818,809 | $3,572,991 |
| Option awards | $1,297,706 | $3,199,592 | $3,541,191 | $1,910,056 | $2,004,706 | $5,642,596 | $2,563,605 |
| Non-equity incentive | $1,375,000 | $2,543,750 | $2,057,386 | $2,020,353 | $912,674 | $2,047,650 | $1,396,920 |
| Pension and deferred compensation | — | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $127,292 | $35,486 | $230,365 | $207,552 | $206,712 | $136,963 | $207,225 |
| Total | $6,005,861 | $9,427,251 | $9,983,906 | $8,063,523 | $7,248,891 | $12,778,317 | $8,907,174 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: THERMO FISHER SCIENTIFIC INC. DEF 14A filed April 7, 2026, accession 0001193125-26-144585, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 4,945 | $2,865,380 | — |
| RSU | 4,461 | $2,584,926 | — |
| RSU | 1,896 | $1,098,637 | — |
| RSU | 1,364 | $790,370 | — |
| RSU | 542 | $314,062 | — |
| Option | 2,250 | — | $294.02 |
| Option | 9,138 | — | $309.63 |
| Option | 11,682 | — | $458.81 |
| Option | 22,870 | — | $418.32 |
Per the Outstanding Equity Awards at Fiscal Year-End table in THERMO FISHER SCIENTIFIC INC.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments THERMO FISHER SCIENTIFIC discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Involuntary termination without cause | $5,321,415 | $0 | — | $5,321,415 |
| Death | $0 | $8,305,608 | — | $8,305,608 |
| Retirement | $0 | $0 | — | $0 |
| Change in control and involuntary termination | $7,909,599 | $8,305,608 | — | $16,215,207 |
| Disability | $0 | $8,305,608 | — | $8,305,608 |
Per the Potential Payments Upon Termination or Change in Control table in THERMO FISHER SCIENTIFIC INC.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
THERMO FISHER SCIENTIFIC’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Marc Casper | Chairman, President and Chief Executive Officer | $79,923,350 |
| Michel Lagarde · this page | Executive Vice President and Chief Operating Officer | $8,907,174 |
| Gianluca Pettiti | Executive Vice President | $8,080,467 |
| Stephen Williamson | Senior Vice President and Chief Financial Officer | $6,781,012 |
| Frederick Lowery | Executive Vice President | $6,575,821 |
The full THERMO FISHER SCIENTIFIC compensation record
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Compensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are THERMO FISHER SCIENTIFIC's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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