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Lundbeck CEO's pay cut in half in 2020

Lundbeck CEO Deborah Dunsire's salary has been more than halved in 2020, compared with the year before, because Lundbeck gave much higher compensation for Danish taxes on her income in 2019.

Photo: Gregers Tycho/Ritzau/Ritzau Scanpix
BY ALBERT RØNNING-ANDERSSON, TRANSLATED BY NIELSINE NIELSEN

Danish pharmaceutical company Lundbeck's top management was rewarded with decent pay raises in 2020, which late in the year cast off significantly more profits than analysts forecast – and more, even, than the same period in the year before.

Lundbeck's CEO Deborah Dunsire's salary, however, significantly changed from one year to the next: In 2020, less than half her 2019 pay went into her bank account.

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