Newly appointed PerkinElmer CEO Robert Friel’s salary for 2008 will increase to $875,000, according to a document filed with the US Securities and Exchange Commission last week.
Last week, the company announced Friel had been appointed CEO effective Feb. 1, to succeed Greg Summe. During the summer, he was promoted to president of the company, in which he will remain, as well as COO, from president of the Life and Analytical Sciences division.
As part of that, his salary was bumped to $700,000. It is unclear what Friel’s salary was immediately before then, but in 2006, he made $542,115 in base pay, according to an SEC filing.