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CompBrief
Fiscal year 2025

Robert Davis — FY2025 total compensation $20,797,845

Robert Davis is Chairman, Chief Executive Officer and President of Merck & Co., Inc. (MRK). The company reported total compensation of $20,797,845 for fiscal year 2025.

01

Fiscal year 2025 compensation

Salary$1,645,302
Bonus$0
Stock awards$12,102,838
Option awards$3,380,004
Non-equity incentive plan$2,326,500
Pension and non-qualified deferred compensation$685,143
All other compensation$658,058
Total$20,797,845

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure Merck & Co., Inc. filed April 8, 2026, accession 0001193125-26-147704.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2025Chairman, Chief Executive Officer and President$1,645,302$0$12,102,838$3,380,004$2,326,500$685,143$658,058$20,797,845
FY2024Chairman, Chief Executive Officer and President$1,623,874$0$13,077,541$4,650,010$2,761,650$511,878$561,112$23,186,064
FY2023Chairman, Chief Executive Officer and President$1,603,091$0$9,997,585$4,050,000$3,585,300$651,163$386,148$20,273,287
FY2022Chairman, Chief Executive Officer and President$1,538,613$0$8,868,587$3,524,995$4,125,150$180,259$412,490$18,650,093
FY2021Chief Executive Officer, President and Former Chief Financial Officer$1,319,959$0$6,324,576$2,760,003$2,834,606$235,640$247,337$13,722,121
FY2020Chief Executive Officer, President and Former Chief Financial Officer$1,112,795$0$2,737,406$1,199,772$1,018,194$611,948$159,395$6,839,510

Totals as disclosed in each year's own compensation disclosure for Merck & Co., Inc..

03

Peer context

Peer-group chief executive median$28,437,198
Difference from that median$-7,639,353
Percentile within the disclosed peer group1st
Peers with a disclosed figure7

Medians and percentiles are computed across the peer group Merck & Co., Inc. discloses in its own compensation disclosure.

04

The other named executive officers of Merck & Co., Inc.

Named executive officerRoleFY2025 total
Robert Davis this pageChairman, Chief Executive Officer and President$20,797,845
Dean LiExecutive Vice President and President, Merck Research Laboratories$8,892,881
Caroline LitchfieldExecutive Vice President and Chief Financial Officer$7,514,085
Jennifer ZacharyExecutive Vice President and General Counsel$5,860,578
Sanat ChattopadhyayExecutive Vice President and President, Merck Manufacturing Division$5,408,408

The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Merck & Co., Inc. compensation brief.

05

The company page

Robert Davis's compensation sits inside Merck & Co., Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Merck & Co., Inc. (MRK) compensation brief