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Stock impact report

Bausch Health CEO’s 2019 pay climbs to US$17.14-million [Toronto Globe and Mail (Ontario, Canada)]

Bausch Health Companies Inc. (BHC) 
Last bausch health companies inc. earnings: 2/19 06:59 am Check Earnings Report
Bausch Health CEO’s 2019 pay climbs to US$17.14-million Joseph Papa's pay jump was driven by stock and option awards worth nearly US$12.3-million. CHRISTINNE MUSCHI/REUTERS Joseph Papa's pay jump was driven by stock and option awards worth nearly US$12.3-million. Bausch Health Cos. Inc. – once known as Valeant Pharmaceuticals – paid chief executive officer Joseph Papa US$17.14-million in 2019, up from US$14.74-million the year before. The pay jump was driven by stock and option awards worth nearly US$12.3-million. Those awards can ultimately pay Mr. Papa more – or less – depending on how the company’s shares perform. Stock-based pay has been a big part of executive compensation for Bausch, which hired Mr. Papa in 2016 to turn the company around. At one point, Valeant, based in Laval, Que., was the most valuable company on the Toronto Stock Exchange under former CEO Michael Pearson. But investors soured on the company’s debt-heavy, growth-through-acquisition model. Mr. Papa, based i Show less Read more
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