Abbott Laboratories (ABT)

102.06 -0.65 (-0.63%) At close: 04:00PM EST

Abbott Laboratories

100 Abbott Park Road
Abbott Park
North Chicago, IL 60064-6400
United States
224 667 6100
https://www.abbott.com

Sector(s): Healthcare
Industry: Medical Devices
Full-time employees: 115,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Robert B. Ford	Chairman of the Board, President & CEO	4.05M	6.64M	1974
Mr. Hubert L. Allen	Executive VP, General Counsel & Secretary	2.01M	N/A	1966
Mr. Robert E. Funck Jr.	Executive Vice President of Finance	2.16M	N/A	1961
Mr. Daniel Gesua Sive Salvadori	Executive VP and Group President of Established Pharmaceuticals & Nutritional Products	1.49M	N/A	1979
Ms. Andrea F. Wainer	Executive Vice President of Rapid & Molecular Diagnostics	1.75M	N/A	1970
Mr. Philip P. Boudreau	CFO & Senior VP of Finance	N/A	N/A	1973
Erica L. Battaglia	VP and Chief Ethics & Compliance Officer	N/A	N/A	N/A
Ms. Melissa Brotz	Vice President of Public Affairs & Corporate Marketing	N/A	N/A	N/A
Ms. Mary K. Moreland	Executive Vice President of Human Resources	N/A	N/A	1966
Mr. Jared L. Watkin	Senior Vice President of Diabetes Care	N/A	N/A	1968

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide. It operates in four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. The Established Pharmaceutical Products segment provides generic pharmaceuticals for the treatment of pancreatic exocrine insufficiency, irritable bowel syndrome or biliary spasm, intrahepatic cholestasis or depressive symptoms, gynecological disorder, hormone replacement therapy, dyslipidemia, hypertension, hypothyroidism, Ménière's disease and vestibular vertigo, pain, fever, inflammation, and migraine, as well as provides anti-infective clarithromycin, influenza vaccine, and products to regulate physiological rhythm of the colon. The Diagnostic Products segment offers laboratory systems in the areas of immunoassay, clinical chemistry, hematology, and transfusion; molecular diagnostics systems that automate the extraction, purification, and preparation of DNA and RNA from patient samples, as well as detect and measure infectious agents; point of care systems; cartridges for testing blood; rapid diagnostics lateral flow testing products; molecular point-of-care testing for HIV, SARS-CoV-2, influenza A and B, RSV, and strep A; cardiometabolic test systems; drug and alcohol test, and remote patient monitoring and consumer self-test systems; and informatics and automation solutions for use in laboratories. The Nutritional Products segment provides pediatric and adult nutritional products. The Medical Devices segment offers rhythm management, electrophysiology, heart failure, vascular, and structural heart devices for the treatment of cardiovascular diseases; and diabetes care products, as well as neuromodulation devices for the management of chronic pain and movement disorders. Abbott Laboratories was founded in 1888 and is based in North Chicago, Illinois.

Corporate governance

Abbott Laboratories’s ISS governance QualityScore as of 28 November 2023 is 8. The pillar scores are Audit: 7; Board: 9; Shareholder rights: 2; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.