AbbVie Inc. DEF 14A: Executive Compensation Details

Ticker: ABBV · Form: DEF 14A · Filed: 2025-03-24T00:00:00.000Z

Sentiment: neutral

Topics: executive-compensation, annual-meeting, corporate-governance, sec-filing

Related Tickers: ABBV

TL;DR

AbbVie's 2025 DEF 14A drops: exec pay details for 2024, board grants on Feb 15.

AI Summary

AbbVie Inc. filed a DEF 14A with the SEC on March 24, 2025, for the fiscal year ending December 31, 2024. The filing details executive compensation and board member information, including compensation for members like Michael Member and Gonzalez Member for the period of January 1, 2024, to December 31, 2024. It also lists grants and awards made on February 15, 2024, to individuals such as Timothy J. Richmond and Scott T. Reents.

Why It Matters

This filing provides transparency into how AbbVie Inc. compensates its top executives and board members, which can influence investor decisions and corporate governance.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) detailing executive compensation and board information, with no immediate indication of significant new risks.

Key Numbers

2024-12-31 — Fiscal Year End (The period covered by the compensation details in this filing.)
20250324 — Filing Date (The date AbbVie Inc. submitted this DEF 14A to the SEC.)
2024-01-01 — Compensation Period Start (Beginning of the period for which executive compensation is detailed.)
2024-02-15 — Award Date (Date when specific grants and awards were made to individuals.)

Key Players & Entities

AbbVie Inc. (company) — Filer of the DEF 14A
Michael Member (person) — Executive/Board Member mentioned in compensation details
Gonzalez Member (person) — Executive/Board Member mentioned in compensation details
Timothy J. Richmond (person) — Recipient of awards on February 15, 2024
Scott T. Reents (person) — Recipient of awards on February 15, 2024
Jeffrey R. Stewart (person) — Recipient of awards on February 15, 2024
Azita Saleki Gerhardt (person) — Recipient of awards on February 15, 2024

FAQ

What is the primary purpose of this DEF 14A filing by AbbVie Inc.?

The primary purpose of this DEF 14A filing is to provide information regarding the solicitation of proxies for the company's annual meeting of stockholders, including details on executive compensation, board of directors, and other corporate governance matters.

Who are some of the individuals mentioned in relation to compensation or awards in the filing?

The filing mentions individuals such as Michael Member, Gonzalez Member, Timothy J. Richmond, Scott T. Reents, Jeffrey R. Stewart, and Azita Saleki Gerhardt in the context of compensation and awards for the 2024 fiscal year.

What is the reporting period for the compensation information provided?

The compensation information provided in this filing primarily covers the fiscal year from January 1, 2024, to December 31, 2024.

When was this DEF 14A filing submitted to the SEC?

This DEF 14A filing was submitted to the SEC on March 24, 2025.

What specific date were awards or grants made to certain individuals?

Awards and grants were made on February 15, 2024, to individuals including Timothy J. Richmond, Scott T. Reents, Michael Member, Jeffrey R. Stewart, Gonzalez Member, and Azita Saleki Gerhardt.

From the Filing

0001558370-25-003537.txt : 20250324 0001558370-25-003537.hdr.sgml : 20250324 20250324162810 ACCESSION NUMBER: 0001558370-25-003537 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 55 CONFORMED PERIOD OF REPORT: 20250509 FILED AS OF DATE: 20250324 DATE AS OF CHANGE: 20250324 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AbbVie Inc. CENTRAL INDEX KEY: 0001551152 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] ORGANIZATION NAME: 03 Life Sciences EIN: 320375147 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-35565 FILM NUMBER: 25764498 BUSINESS ADDRESS: STREET 1: 1 NORTH WAUKEGAN ROAD CITY: NORTH CHICAGO STATE: IL ZIP: 60064 BUSINESS PHONE: (847) 932-7900 MAIL ADDRESS: STREET 1: 1 NORTH WAUKEGAN ROAD CITY: NORTH CHICAGO STATE: IL ZIP: 60064 DEF 14A 1 abbv-20250509xdef14a.htm DEF 14A AbbVie Inc. 0001551152 false DEF 14A 0001551152 abbv:MichaelMember 2024-01-01 2024-12-31 0001551152 abbv:GonzalezMember 2024-01-01 2024-12-31 0001551152 abbv:GonzalezMember 2023-01-01 2023-12-31 0001551152 abbv:GonzalezMember 2022-01-01 2022-12-31 0001551152 abbv:GonzalezMember 2021-01-01 2021-12-31 0001551152 abbv:GonzalezMember 2020-01-01 2020-12-31 0001551152 7 2024-01-01 2024-12-31 0001551152 6 2024-01-01 2024-12-31 0001551152 5 2024-01-01 2024-12-31 0001551152 4 2024-01-01 2024-12-31 0001551152 3 2024-01-01 2024-12-31 0001551152 2 2024-01-01 2024-12-31 0001551152 1 2024-01-01 2024-12-31 0001551152 abbv:TimothyJ.RichmondMember 2024-02-15 0001551152 abbv:ScottT.ReentsMember 2024-02-15 0001551152 abbv:MichaelMember 2024-02-15 0001551152 abbv:JeffreyR.StewartMember 2024-02-15 0001551152 abbv:GonzalezMember 2024-02-15 0001551152 abbv:AzitaSalekiGerhardtMember 2024-02-15 0001551152 abbv:PensionAdjustmentsServiceCostMember ecd:PeoMember abbv:MichaelMember 2024-01-01 2024-12-31 0001551152 abbv:PensionAdjustmentsServiceCostMember ecd:PeoMember abbv:GonzalezMember 2024-01-01 2024-12-31 0001551152 abbv:PensionAdjustmentsPensionValueInSummaryCompensationTableMember ecd:PeoMember abbv:MichaelMember 2024-01-01 2024-12-31 0001551152 abbv:PensionAdjustmentsPensionValueInSummaryCompensationTableMember ecd:PeoMember abbv:GonzalezMember 2024-01-01 2024-12-31 0001551152 abbv:PensionAdjustmentsMember ecd:PeoMember abbv:MichaelMember 2024-01-01 2024-12-31 0001551152 abbv:PensionAdjustmentsMember ecd:PeoMember abbv:GonzalezMember 2024-01-01 2024-12-31 0001551152 abbv:EquityAwardsValueInCompensationTableForApplicableYearMember ecd:PeoMember abbv:MichaelMember 2024-01-01 2024-12-31 0001551152 abbv:EquityAwardsValueInCompensationTableForApplicableYearMember ecd:PeoMember abbv:GonzalezMember 2024-01-01 2024-12-31 0001551152 abbv:EquityAwardsAdjustmentsYearEndFairValueOfAwardsGrantedInCurrentYearMember ecd:PeoMember abbv:MichaelMember 2024-01-01 2024-12-31 0001551152 abbv:EquityAwardsAdjustmentsYearEndFairValueOfAwardsGrantedInCurrentYearMember ecd:PeoMember abbv:GonzalezMember 2024-01-01 2024-12-31 0001551152 abbv:EquityAwardsAdjustmentsMember ecd:PeoMember abbv:MichaelMember 2024-01-01 2024-12-31 0001551152 abbv:EquityAwardsAdjustmentsMember ecd:PeoMember abbv:GonzalezMember 2024-01-01 2024-12-31 0001551152 abbv:EquityAwardsAdjustmentsChangeInFairValueAsOfYearEndOfOutstandingAndUnvestedAwardsGrantedInPriorYearsMember ecd:PeoMember abbv:MichaelMember 2024-01-01 2024-12-31 0001551152 abbv:EquityAwardsAdjustmentsChangeInFairValueAsOfYearEndOfOutstandingAndUnvestedAwardsGrantedInPriorYearsMember ecd:PeoMember abbv:GonzalezMember 2024-01-01 2024-12-31 0001551152 abbv:EquityAwardsAdjustmentsChangeInFairValueAsOfVestingDateOfPriorYearAwardsVestedDuringCurrentYearMember ecd:PeoMember abbv:MichaelMember 2024-01-01 2024-12-31 0001551152 abbv:EquityAwardsAdjustmentsChangeInFairValueAsOfVestingDateOfPriorYearAwardsVestedDuringCurrentYearMember ecd:PeoMember abbv:GonzalezMember 2024-01-01 2024-12-31 0001551152 abbv:PensionAdjustmentsServiceCostMember ecd:NonPeoNeoMember 2024-01-01 2