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Merus N.V.

MRUS · FY2024

MISALIGNED

CEO Package

$9.7M

Pay Ratio

Sven (Bill) Ante Lundberg

CEO pay jumped 109% to $9.7M while stock returns trailed peers by 180 percentage points.

ELI LILLY & Co

LLY · FY2025

ALIGNED

CEO Package

$30.2M

Pay Ratio

David A. Ricks

Returns outran pay growth by +3.5 pts

JOHNSON & JOHNSON

JNJ · FY2025

ALIGNED

CEO Package

$32.8M

Pay Ratio

J. Duato

Returns outran pay growth by +16.0 pts

CEO Total Compensation — All Companies

MRUS$9.7MLLY$30.2MJNJ$32.8M

All values are grant-date fair value as reported in proxy statements.

Key Differences

The fastest way to read this comparison before dropping into the tables.

JNJ carries the largest package at $32.8M, about 3.4x MRUS.
MRUS reads misaligned, while LLY looks aligned.

Pay Component Breakdown

Latest CEO package mix by company. This stays on the CEO package even if the chart above is showing Top 5 pay.

MRUS

Sven (Bill) Ante Lundberg

$9.7M

base salary7%
option awards87%
non-equity incentive compensation5%
other compensation0%

LLY

David A. Ricks

$30.2M

base salary6%
stock awards77%
other compensation2%

JNJ

J. Duato

$32.8M

base salary5%
stock awards46%
option awards18%
non-equity incentive compensation13%
other compensation2%

Quick Comparison

CompanyCEOLatest YearTotal Comp
Merus N.V.(MRUS)Sven (Bill) Ante Lundberg2024$9.7M
ELI LILLY & Co(LLY)David A. Ricks2025$30.2M
JOHNSON & JOHNSON(JNJ)J. Duato2025$32.8M

Note: All compensation values shown are grant-date fair value as reported in proxy statements. Direct comparisons should account for differences in company size, industry, and compensation structure.

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