Boosted by the success of new drugs in the market, Eli Lilly and Co.’s legal chief, Anat Hakim, saw her pay increase by 33% during the last year. Assuming her role as general counsel and secretary in 2020, Hakim’s compensation reached a remarkable $7.0 million in 2023, a significant leap from $5.3 million in 2022, as detailed in Lilly’s recent proxy statement.
Hakim’s heightened compensation seems to correlate with the company’s stock maintaining its upward trajectory since she joined the company. The steady ascent in Lilly’s stock value resulted in the company’s market capitalisation surpassing that of Tesla.
For added context surrounding Anat Hakim’s rise and the successful streak of Lilly, you may read more on the original coverage provided by Law.com.