Billy Tauzin announced today that he will be stepping down as President and CEO of the Pharmaceutical Research and Manufacturers of America (PhRMA) at the end of June 2010.
PhRMA’s 990 Tax Return Form, Schedule J-1 shows the amount Tauzin was compensated in 2008:
Base compensation: $2,055,445
Bonus & incentive compensation: $692,875
Other reportable compensation: $159,412
Deferred compensation: $1,556,960
Nontaxable benefits: $11,465
Total: $4,476,157