Thermo Fisher Scientific Secures CEO Marc N. Casper with $60 Million Performance-Based Award to Drive Long-Term Shareholder Value

Reuters

2025/05/23

Thermo Fisher Scientific Secures CEO Marc N. Casper with $60 Million Performance-Based Award to Drive Long-Term Shareholder Value

Thermo Fisher Scientific Inc. has announced a new compensation plan for its Chairman, President, and CEO, Marc N. Casper. The Board of Directors has approved the grant of performance-based restricted stock units, valued at approximately $60 million, designed to secure Mr. Casper's leadership through at least May 2030. The plan is linked to the company's total shareholder return (TSR) performance relative to the S&P 500 from May 2025 to December 2029. With a five-year cliff vesting period, the award aims to drive substantial returns to shareholders, with payouts adjusted based on TSR performance. This decision reflects Mr. Casper's success in guiding the company through various economic environments and the importance of maintaining executive leadership continuity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Thermo Fisher Scientific Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000097745-25-000066), on May 22, 2025, and is solely responsible for the information contained therein.

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Casper with $60 Million Performance-Based Award to Drive Long-Term Shareholder Value\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-05-23 04:55</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Thermo Fisher Scientific Secures CEO Marc N. Casper with $60 Million Performance-Based Award to Drive Long-Term Shareholder Value\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Thermo Fisher Scientific Inc. has announced a new compensation plan for its Chairman, President, and CEO, Marc N. Casper. The Board of Directors has approved the grant of performance-based restricted stock units, valued at approximately $60 million, designed to secure Mr. Casper's leadership through at least May 2030. The plan is linked to the company's total shareholder return (TSR) performance relative to the S&amp;P 500 from May 2025 to December 2029. With a five-year cliff vesting period, the award aims to drive substantial returns to shareholders, with payouts adjusted based on TSR performance. This decision reflects Mr. Casper's success in guiding the company through various economic environments and the importance of maintaining executive leadership continuity.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Thermo Fisher Scientific Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000097745-25-000066), on May 22, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2764263203.CNY","symbol_name":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (CNYHDG) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250522:nNDL8qJKjX:1","article_id":"2537992791","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537992791","pubTimestamp":1747947350,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Thermo Fisher Scientific Secures CEO Marc N. 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Casper with $60 Million Performance-Based Award to Drive Long-Term Shareholder Value\n    \n\n        Thermo Fisher Scientific Inc. has announced a new compensation plan for its Chairman, President, and CEO, Marc N. Casper. The Board of Directors has approved the grant of performance-based restricted stock units, valued at approximately $60 million, designed to secure Mr. Casper's leadership through at least May 2030. The plan is linked to the company's total shareholder return (TSR) performance relative to the S&P 500 from May 2025 to December 2029. With a five-year cliff vesting period, the award aims to drive substantial returns to shareholders, with payouts adjusted based on TSR performance. This decision reflects Mr. Casper's success in guiding the company through various economic environments and the importance of maintaining executive leadership continuity.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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