Glaxo to pay first woman ceo less, cites lack of experience. Emma walmsley of glaxosmithkline poses in this undated photograph released in london. Gsk asia house inauguration speech by emma walmsley, chief. Incoming glaxosmithkline chief executive emma walmsley. Emma walmsley, poised to take over as the first female chief executive officer of glaxosmithkline plc, will earn about a quarter less than her predecessor andrew witty. And finally as a second measure of performance we will look at the returns shareholders have received over the last few years.
Britains biggest drugmaker revealed in its annual report that dr hal barron was paid. Across gsk, thousands of people are working hard to make sure we keep supplying our muchneeded medicines, vaccines and healthcare products to patients and continue with important research and development work. Emma walmsley, glaxosmithklein ceo, speaks to cnbcs meg tirrell at the j. Glaxosmithkline boss emma walmsley has handed her husband shares in the company worth.
Mar 15, 2018 for 2018, walmsleys base salary will inch past the. Mar 05, 2020 when emma walmsley was first appointed as glaxosmithklines first woman ceo in 2017, the 25% discrepancy between her salary and that of her predecessor, andrew witty, drew a few headlines. Sep 20, 2016 emma walmsley will take over as ceo of glaxosmithkline in early 2017. Walmsley became ceo of glaxosmithkline in april of 2017, making her the first and only woman to run a major pharmaceutical company. At an investor conference on tuesday, she was asked about female leadership in the industry. Glaxosmithkline boss emma walmsley hands her husband. Glaxosmithkline appoints emma walmsley as ceo punch. Gsk consumer healthcare is one of the worlds largest consumer healthcar e companies. Gsk incoming ceo emma walmsley will be paid 25% less than. Glaxosmithklines new chief executive, emma walmsley, will be paid 25 % less than her predecessor, sir andrew witty.
Incoming gsk ceo emma walmsley, the first woman to lead a top global. Emma will join the gsk board of directors from 1 january 2017. In 2010 i was living in shanghai with david and our four children all under ten having a tremendous family adventure. New glaxosmithkline chief to earn 25% less than her. The payout has survived, and now gsk s boss emma walmsley has decided that a breakup may make sense after all. Mother of four emma walmsley is made boss of britains. Mar 15, 2017 new glaxosmithkline chief to earn 25% less than her predecessor. This report will, first, examine the ceo compensation levels in comparison to. Emma walmsley leads gsk transformation after spending a decade lagging behind its peers, gsk named a new ceo in 2017. Emma walmsley to succeed andrew witty as chief executive officer of glaxosmithkline 20 september 2016. Our purpose is to help more people around the world to do more, feel better and live longer with everyday healthcare products. Emma natasha walmsley, honfrsc born june 1969 is the chief executive officer ceo of glaxosmithkline. Mar 12, 2019 glaxosmithkline boss emma walmsley received a 20pc pay jump to. Glaxosmithkline chief executive officer emma walmsley said on wednesday.
Gsk reaffirms its commitment to equal employment opportunity and nondiscrimination for all employees and applicants for employment without regard to race, color, ethnicity, religion, creed, gender, national origin, age, disability or sexual orientation. Glaxosmithkline s new chief executive, emma walmsley, will be paid 25% less than her predecessor, sir andrew witty. Gsk investors who pressed glaxosmithkline to slash new ceo emma walmsley s. People regret far more what they dont do rather than what they do. Britains biggest pharmaceutical company said her potential. Sep 20, 2016 emma walmsley will lead the british drugmaker starting in march, breaking the gender barrier at the worlds top 25 drugmakers and highlighting the dearth of female leadership among europes. Pay for performance total remuneration the total remuneration for 2018 for each executive director is set out in the table below. Incoming gsk ceo emma walmsley, the first woman to. The progress is reflected in ceo emma walmsleys pay package. Incoming glaxosmithkline chief executive emma walmsley, the first woman to lead a top global drugmaker, will get a pay package worth a quarter less than her predecessor, following a company rethink on remuneration.
Jan 08, 2018 emma walmsley, glaxosmithklein ceo, speaks to cnbcs meg tirrell at the j. Reuters via handout london, march 15 reuters incoming glaxosmithkline chief executive emma walmsley, the. Walmsley said gsk s partnership with sanofi brings scale to the attempt. New gsk boss to be paid less than predecessor financial. How does emma walmsleys compensation compare with similar sized companies. Prior to this, emma was the ceo of gsk consumer healthcare, a joint venture between gsk and novartis, from its creation in march 2015, and has been a member of gsks corporate executive team since 2011. A free inside look at glaxosmithkline salary trends based on 3,190 salaries wages for 1,246 jobs at glaxosmithkline. Speech by emma walmsley, chief executive officer, gsk. I was head of the exciting chinese consumer business for loreal, a company i loved and had.
Salaries posted anonymously by glaxosmithkline employees. Jul 24, 2019 watch emma walmsley, ceo, summarise our performance at q2 2019. Glaxosmithkline names emma walmsley as chief executive. Emma walmsley has been the ceo of glaxosmithkline plc lon. Gsk annual report 2018 98 annual report on remuneration salary benefits pension annual bonus vesting of lti awards a.
Courtesy gsk glaxosmithkline appointed emma walmsley, the head of its consumer business, to become its next chief executive. Emma walmsley, 1 ceo simon dingemans, cfo dr hal barron,2 chief scientific officer. Gsks emma walmsley becomes highestpaid female ftse 100 chief this article is more than 1 year old walmsley took home pay and bonus of. Gsk today announces that emma walmsley, currently chief executive officer ceo of gsk s consumer healthcare division, is appointed gsk ceo designate and will succeed andrew witty as gsk ceo, when he retires on 31 march 2017. Walmsley, who is in her late 40s, spent most of her career at loreal in a variety of management and marketing positions in. Gsk boss still paid less than science chief despite jump. She succeeded sir andrew witty, who retired in march 2017. The oxford grad and loreal veteran has just been crowned ceo of the pharma giant gsk. Incoming gsk ceo emma walmsley, the first woman to lead. She is the first woman to run a major pharmaceutical giant.
Gsk ceo emma walmsley on diversity in pharma business insider. Emma walmsley s smaller salary reflects lack of ceo experience. Glaxosmithkline ceo walmsley snags a pay bump but still earns. Walmsley serves as chief executive officer, executive director of the company. At the time of writing, our data says that glaxosmithkline. Emma walmsley will take over as ceo of glaxosmithkline in early 2017. Prior to her appointment as gsks ceo, emma was the ceo of gsk consumer healthcare, a joint venture between gsk and novartis, from its creation in march 2015. Flikr the glaxosmithkline board of directors remains unchanged in its view on restructuring as long as all three parts of the business remain competitive, ceo emma walmsley said wednesday in response to reports of a. When emma walmsley was first appointed as glaxosmithklines first woman ceo in 2017, the 25% discrepancy between her salary and that of her predecessor. In 2017 emma walmsley was appointed ceo of glaxosmithkline plc. Courtesy gsk glaxosmithkline appointed emma walmsley, the head of its consumer business, to become its next chief. Incoming gsk ceo emma walmsley, the first woman to lead a top global drugmaker, will get a pay package worth 25% less than her predecessor. Mar 14, 2017 emma walmsleys smaller salary reflects lack of ceo experience.
Her appointment is likely to be seen as a signal that gsk will retain the consumer business as a core part of its operations. This analysis aims first to contrast ceo compensation with other large companies. Emma walmsley is chief executive officer at glaxosmithkline plc. Gsk ceo emma walmsley on diversity in pharma business. New glaxosmithkline ceo to get paid 25% less than her male predecessor. Sep 20, 2016 glaxosmithkline appoints emma walmsley as ceo. Gsk today announces that emma walmsley, currently chief executive officer ceo of gsk s consumer healthcare division, is appointed gsk ceo designate and will succeed andrew witty as gsk ceo, when he. The news that gsk has appointed emma walmsley as their new ceo has been described in the press as a watershed moment with headlines referring to her as the most powerful woman in business today. Sep 20, 2016 glaxosmithkline names insider emma walmsley as new ceo. Dec 19, 2018 emma walmsley rolls the dice on a huge shakeup at gsk. Morgan health care conference about reshaping the company and her the outlook for 2018.
Glaxosmithkline boss emma walmsley received a 20pc pay jump to. New gsk boss to be paid less than predecessor financial times. Oct 28, 2015 emma walmsley running the worlds largest consumer health business. This is going to drive even greater transparency and pace in the flow of information between us and healthcare professionals, supporting them to access the latest innovation and medical data in realtime and at their own convenience. Ceo a 2010 networking lunch conversation between emma walmsley then head of loreals. Walmsley certainly hasnt hung around since taking charge 18 months ago.
Glaxosmithkline to pay first female ceo emma walmsley less. Drugs giant glaxosmithkline names emma walmsley as chief executive. The appointment of emma walmsley, a 17 year veteran of loreal, recently head of gsk s consumer business and an english major from cambridge should be telling. Sep 30, 2016 the appointment of emma walmsley, a 17 year veteran of loreal, recently head of gsks consumer business and an english major from cambridge should be telling. Gsk today announces that emma walmsley, currently chief executive officer ceo of gsks consumer healthcare division, is appointed gsk ceo designate and will succeed andrew witty as gsk ceo, when he retires on 31march 2017. Her fixed pay salary, benefits and pension rose slightly to.
Emma walmsley may be the most powerful woman in corporate britain. Before working for gsk she worked for loreal for 17 years and was a nonexecutive director of diageo until september 2016. Apr 01, 2017 when emma walmsley takes the reins at glaxosmithkline, the british drugmaker, on monday she will become the first female chief executive of a major pharmaceutical company and among the most. Glaxosmithkline names insider emma walmsley as new ceo. Four big challenges emma walmsley faces at the helm of gsk. Watch emma walmsley, ceo, summarise our performance at q2 2019. New gsk ceo to get paid 25% less than her male predecessor. The 49yearold transferred 102,035 shares to spouse david owen on.
What is the secret of emma walmsleys leadership success. Investors who pressed glaxosmithkline to slash new ceo emma walmsleys pay package before she took the helm probably wont much like her overall compensation figure for 2017. Now, cancer is a central focus in a sweeping revamp of gsk s research and development put into motion by ceo emma walmsley, chief of the british drugmaker since april 2017. Emma walmsley, ceo, summarises our performance in q2 2019. Prior to this, emma was the ceo of gsk consumer healthcare, a joint venture between gsk and novartis, from its creation in march 2015, and has been a member of gsk s corporate executive team since 2011.
Thank you for taking the time to provide details regarding your experience. Emma walmsley, chief executive officer at glaxosmithkline. Mar, 2019 after pulling off a few large transaction last year, glaxosmithkline ceo emma walmsley, the only female big pharma chief, saw her pay package swell. Emma walmsley to succeed andrew witty as chief executive. Prior to her appointment as gsk s ceo, emma was the ceo of gsk consumer healthcare, a joint venture between gsk and novartis, from its creation in march 2015. Emma walmsley, 47, is set to become boss of drugs giant glaxosmithkline. Glaxosmithkline ceo emma walmsley downplays public. Mar 12, 2019 gsks emma walmsley becomes highestpaid female ftse 100 chief this article is more than 1 year old. Gsk ceo emma walmsley is the first woman to lead a big pharmaceutical company. Then well look at a snap shot of the business growth. Mar 17, 2020 emma walmsley has been the ceo of glaxosmithkline plc lon.
Gsk today announces that emma walmsley, currently chief executive officer ceo of gsks consumer healthcare division, is appointed gsk ceo designate and will succeed andrew witty as gsk ceo, when he retires on 31 march 2017. Glaxosmithkline ceo emma walmsley may be the firstever female to head up a big pharma company, but her pay has not matched up to that. When emma walmsley was first appointed as glaxosmithkline s first woman ceo in 2017, the 25% discrepancy between her salary and that of her predecessor, andrew witty, drew a few headlines. An asset swap with novartis in 2014 left gsk without much of a presence in oncology a decision that soon became a handicap as its peers charged ahead. Gsk s emma walmsley becomes highestpaid female ftse 100 chief this article is more than 1 year old. Walmsley, who joined gsk from french cosmetics giant loreal six years ago and has a background in marketing, will take up her new post at the. Walmsley, who takes over next month, will be paid a base salary of. Glaxosmithkline on tuesday appointed emma walmsley, its head of consumer healthcare, to lead the british drugs giant and develop new treatments in a fastconsolidating sector. Emma walmsley rolls the dice on a huge shakeup at gsk. Coronavirus india lockdown day 23 updates april 16, 2020. Emma walmsley will become one of the most powerful business figures in the uk when she takes over as chief executive of gsk in march of next year.
Glaxosmithklines chief executive, emma walmsley, was handed a. Emma walmsley is the current ceo, occupying that position since 2015. Glaxosmithkline appoints emma walmsley as ceo punch newspapers. Gsk has punched a hole in the glass ceiling with its appointment of a new female ceo, emma walmsley. Gsk boss still paid less than science chief despite jump to. The 49yearold transferred 102,035 shares to spouse david owen on monday, according to stock. Despite having minimal experience in drug development, emma walmsley may well have turned out to be the lifeline the company needed. The first female big pharma ceo will be paid 25% less than her male predecessor. Gsks emma walmsley becomes highestpaid female ftse 100. What is the secret of emma walmsley s leadership success.
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