Amgen raises future CEO Bradway's pay to $1.4M
THOUSAND OAKS, Calif.—Amgen Inc. said Tuesday that it will raise Robert Bradway's annual salary to $1.4 million from just over $1 million as part of his promotion to CEO.
Bradway is Amgen's president and chief operating officer. He will take over from Kevin Sharer as CEO on May 23; the pay raise takes effect May 21.
The largest biotechnology company in the world, Amgen also is raising Bradway's cash incentive target to 130 percent of his base salary.