About

Robert A. Michael is AbbVie's Chairman of the Board and Chief Executive Officer, a role he has held since July 2025; he became CEO in 2024 and served as President and Chief Operating Officer from July 2023 to June 2024. He previously held a series of senior finance leadership roles at AbbVie, including Vice Chairman and President, Vice Chairman, Finance and Commercial Operations and Chief Financial Officer, and Executive Vice President, Chief Financial Officer. Mr. Michael first joined Abbott in 1993 and held numerous leadership positions across several business units before joining AbbVie in 2013. He has served as an AbbVie director since 2024.

Roles

AbbVie Inc.
Chairman of the Board and Chief Executive Officer · Current role
2024–present
AbbVie
Chief Executive Officer
2024 - 2025
AbbVie
President and Chief Operating Officer
Jul 2023 - Jun 2024
AbbVie
Vice Chairman and President
Jun 2022 - Jul 2023
AbbVie
Vice Chairman, Finance and Commercial Operations and Chief Financial Officer
Jun 2021 - Jun 2022
AbbVie
Executive Vice President, Chief Financial Officer
2019 - 2021
Abbott
Various leadership positions · Joined Abbott in 1993; joined AbbVie in 2013
1993 - 2013

Fixed Compensation

FY 2025
Base Salary
$1,700,000
Change in Pension Value & Nonqualified Deferred Compensation Earnings
$8,647,081
All Other Compensation
$516,293

Performance Compensation

Data from FY 2025

Cash incentive

Annual Cash Incentive (Non-Equity Incentive Plan Compensation)
$5,200,000
Target Opportunity
165% of base salary
ProgramAbbVie annual cash incentive plan

Stock awards

Stock Awards (grant-date fair value)
$13,268,456
VehiclesPerformance shares (EPS + relative TSR, 0-250% of target) and performance-vested RSUs (relative ROIC, 0-200% of target)
2025 resultAdjusted diluted EPS performance banked the 2025 performance-share award at 200% of target (TSR-modified vesting through Dec 31, 2027); relative ROIC vested one-third of the PVRSU award at 200% of target
Option Awards (grant-date fair value)
$3,199,154
VestingOne-third after each of years one, two and three of service

Also at AbbVie Inc.

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