2007 Executive Compensation Survey.
The 2007 IBO Ibo: see Igbo. Executive Compensation Survey includes 57 executives from 42 companies and is based upon the companies currently in IBO's three Stock Indexes (see IBO 4/30/08) and Becton Dickinson BD (NYSE: BDX), is a medical technology company that manufactures and sells medical devices, instrument systems and reagents. Founded in 1897 and headquartered in Franklin Lakes, New Jersey, BD employs 27,000 people in nearly 50 countries. . QIAGEN Wikipedia is not the place for advertisement or self-advertising.
QIAGEN (NASDAQ: QGEN, FWB: QIA) is a provider of sample and assay technologies for research in life sciences, applied testing and molecular diagnostics. , Nanometrics and Starlims are excluded as a result of incomplete filings.
To create the tables, IBO selected one or two executives for each company who best reflect the company's laboratory products or analytical analytical, analytic
pertaining to or emanating from analysis.
control of confounding by analysis of the results of a trial or test. instruments business. For each executive, IBO compiled the total short-term Short-term
Any investments with a maturity of one year or less.
1. Of or relating to a gain or loss on the value of an asset that has been held less than a specified period of time. compensation, consisting of annual salary, bonuses and nonequity incentive compensation. Due to new SEC rules (see IBO 5/15/07), undetermined performance-related bonuses are listed as nonequity compensation. Non-performance related bonuses, bonuses based on the performance of targets that are substantially certain and noncommunicated performance-target bonuses are listed as bonuses.
Three or more years. In the context of accounting, more than 1 year.
1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. compensation is determined based on the grant-date fair value of stock and option awards. This calculation follows the disclosure rules originally proposed by the SEC, which provide the full value for option and stock awards granted to executives in fiscal 2007. We believe this provides a more accurate total for the executive compensation received that year, whereas the amended a·mend
v. a·mend·ed, a·mend·ing, a·mends
1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive.
2. SEC compensation disclosure calculates what the executives cost the company's bottom line for a given fiscal year.
Total compensation consists of annual short-term and long-term compensation, change in pension value and nonqualified deferred compensation, as well as all "Other" compensation ("Other" includes contributions to qualified retirement plans and perquisites Fringe benefits or other incidental profits or benefits accompanying an office or position.
The abbreviation perks is used in reference to extraordinary benefits afforded to business executives, such as country club memberships or the free use of automobiles. over $10,000). The tables also include the value realized on options exercised during fiscal 2007.
In 2007, the average total short-term laboratory product and instrument company executive's compensation grew 12.1% to $1,299,345, including a 4.5% average increase in base salary to $547,146. Combined, the average bonus and nonequity incentive jumped 18.4% to $752,198. However, the total average bonus and nonequity incentive for the executives who received one or the other amounted to $840,692. Only 13 executives received bonuses in fiscal 2007. The average amount of these bonuses was $328,966; in comparison, the average bonus received by 27 executives in 2006 was $589,733. The decline was the result of a reclassification Reclassification
The process of changing the class of mutual funds once certain requirements have been met. These requirements are generally placed on load mutual funds. Reclassification is not considered to be a taxable event. by the SEC of certain compensation that was previously reported as bonuses to nonequity incentive compensation. As a result, the average nonequity payment for an executive eligible under an incentive plan was $897,645 in fiscal 2007, compared to $511,305 in fiscal 2006. In fiscal 2007, 75% of executives received nonequity incentive compensation compared to 57% in the previous year.
The average total long-term compensation, including both fair value stock and options awards, declined 20.0% to $2,177,466 in fiscal 2007. However, excluding Danaher CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Lawrence Lawrence.
1 City (1990 pop. 26,763), Marion co., central Ind., a residential suburb of Indianapolis, on the West Fork of the White River. It has light manufacturing.
2 City (1990 pop. 65,608), seat of Douglas co., NE Kans. Culp, Jr., who received a payout pay·out
1. The act or an instance of paying out.
2. A percentage of corporate earnings that is paid as dividends to shareholders. of $46.2 million in fiscal 2006 (see IBO 5/15/07), the total average long-term compensation increased roughly 12.7%. This increase is primarily due to several large stock and option awards for performance-based measures. Edward Edward
killed his father at his mother’s instigation. [Br. Balladry: Edward in Benét, 302]
See : Patricide J. Ludwig Ludwig. For German rulers thus named, use Louis. , president and CEO of Becton Dickinson & Co., reported long-term compensation of $9.6 million, five times the amount he received last year, while Jay T. Flatley, president and CEO of Illumina, received $9.3 million in long-term compensation, an increase of more than 150%. Edward H. Braun Braun , Eva 1912-1945.
German lover and later wife of Adolf Hitler. They began living together in 1936, but the liaison was kept secret, and she was never seen in public with him. They were married hours before their double suicide on April 30, 1945. , the chairman and former CEO of Veeco Veeco Vacuum Electronic Equipment Company Instruments, reported a 425% jump in fair-value stock awards to $4.7 million.
However, six executives did not receive any long-term stock or option compensation in fiscal 2007, compared to four in the previous year. Both John R. Peeler, the CEO of Veeco, and Mr. Braun did not receive annual bonuses as the company failed to meet minimum performance requirements. Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM).
The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs E. Oland Ö·land
A narrow island of southeast Sweden in the Baltic Sea. It is a summer resort with an important fishing fleet. There are numerous Stone Age monuments on the island. , president and CEO of Techne Techne, or techné, as distinguished from episteme, the Greek word τέχνη (literally: craftsmanship) is often translated as craft or art. It is the rational method involved in producing an object or accomplishing a goal or objective. , waived his cash and stock option bonus, as well as a salary increase. Steven Ste´ven
n. 1. Voice; speech; language.
Ye have as merry a steven
As any angel hath that is in heaven.
2. An outcry; a loud call; a clamor.
To set steven
to make an appointment. D. Goldby, chairman and former CEO of Symyx Technologies Symyx Technologies NASDAQ: SMMX is a pioneer in the area of combinatorial chemistry applied to heterogeneous catalysis and homogeneous catalysis, polymer formulations, electronic and magnetic materials. , was no longer eligible to receive payments under the company's bonus plan. Amit A`mit´
v. t. 1. To lose.
A lodestone fired doth presently amit its proper virtue.
- Sir T. Browne. Kumar Kumar (from Sanskrit meaning prince or an (unmarried) youth) is an Indian title, given name or family name. As a title it can mean son of a Rājā, prince, or heir apparent and enters in princely compound titles. , president and CEO of CombiMatix, and David Schwartz David Schwartz is a composer, noted for his scoring the music for the multiple Emmy Award-winning television series, Arrested Development, Deadwood, and numerous others. He attended the School of Visual Arts in New York and the Berklee College of Music in Boston. , chairman of Bio-Rad Bio-Rad Laboratories is a life science research, clinical diagnostics and informatics company based in Hercules, California, United States. It was founded in 1957 by David & Alice Schwartz. Laboratories, also did not receive bonus awards.
Less than 40% of executives received nonqualified deferred compensation or recorded a change in pension value in fiscal 2007. For those who received a payment, the average compensation was $364,508, an increase of 88.3% from last year. The large increase was due to a $3.3 million payment to Tony L. White, president and CEO of Applied Biosystems Applied Biosystems, Inc. (formerly NASDAQ: ABIO) is the original name of a pioneer biotechnology company founded in 1981 in Foster City, California, among the Silicon Valley cities of the southern San Francisco Bay Area. . Other compensation increased 7.5% to $82,663.
Total average compensation for the executives declined 6.9% to $3,736,943. However, excluding the payment to Mr. Culp, total average compensation actually increased 16.5% to $3,709,678. Gregory T. Lucier Lucier is a surname, and may refer to:
The profit realized from a business' own operations.
This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. targets, and was also rewarded with a grant date fair value stock award of $26.0 million based on stock price performance. Mr. White and Mr. Ludwig received $16.5 million and $12.5 million, respectively, in total compensation. Also exceeding $10 million in total compensation were Roper Industries President and CEO Brian The name Brian (sometimes spelled Bryan) comes from an Irish backround. It is of Celtic origin and its meaning may be "hill" or "strong, noble, and high". D. Jellison and Mr. Flatley.
Laboratory Instruments Index
The Laboratory Instruments Index consists of 32 executives from 23 companies. Average fiscal 2007 short-term compensation for these executives increased 19.6% to $1,329,101, and included a 5.7% increase in average base salary to $541,679. The biggest base-salary increase among Index executives went to Thomas J. Vacchiano, Jr., president and CEO of X-Rite X-Rite, Inc. is a manufacture of color matching products located in Kentwood, Michigan, United States. Their products include those used for matching paint colors (Totalizing Fluid Meter and Counting Device Manufacturing). . His salary rose 115% to $319,808. However, the largest base-salary compensation of $1,148,078 went to Mr. White. As for bonuses and nonequity incentive, the biggest payout was to Gregory L. Summe, president and CEO of PerkinElmer PerkinElmer, Inc. (NYSE: PKI) is an American multinational technology corporation, focused in the business areas of: Life and Analytical Sciences, Optoelectronics, and Fluid Sciences. , who received $6.2 million, reflecting short-term incentive-bonus and performance-unit cash payments. As a result, the average bonus and nonequity incentive for the Index jumped 31.6% to $787,422. The total average compensation for the Index increased 6.5% to $3,535,870.
There were several changes to the executives in the Index. In March 2007, Affymetrix Affymetrix (NASDAQ: AFFX) is a manufacturer of DNA microarrays, based in Santa Clara, California, United States. The company was co-founded by Dr. Stephen Fodor in 1992. The company was begun as a unit in Affymax N.V. President Emeritus e·mer·i·tus
Retired but retaining an honorary title corresponding to that held immediately before retirement: a professor emeritus.
n. pl. Susan SUSAN Smallest Univalue Segment Assimilating Nucleus
SUSAN Sub Saharan African Network
SUSAN Smart Ultrasonic System for Aircraft NDE E. Siegel Siegel, a surname, is associated with two ethnic groups.
As a Jewish surname Siegel (סג"ל) it could be an acronym of Segan Levi (סגן לוי), meaning "Assistant Levite". resigned (see IBO 5/15/07) and was replaced by Kevin KEVIN Keepers of the Eternal Vigilance of the Islamic Nation (fictional, from White Teeth by Zadie Smith) M. King, the former executive vice president of the Life Sciences division. Mr. King received a $100,000 sign-on Sign-on (or startup) is the term used to describe the beginning of operations for a television station. It is the opposite to a sign-off (or closedown).
As with sign-offs, sign-ons vary from country to country, and from station to station. bonus and payments totaling $173,169 for reimbursement Reimbursement
Payment made to someone for out-of-pocket expenses has incurred. of relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation.
2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. expenses. Bruce Bruce, Scottish royal family descended from an 11th-century Norman duke, Robert de Brus. He aided William I in his conquest of England (1066) and was given lands in England. Lancaster Lancaster, city, England
Lancaster (lăng`kəstər), city (1991 pop. 43,902) and district, county seat of Lancashire, NW England, on the Lune River. , CFO See Chief Financial Officer. of OI, replaced William William, crown prince of Germany
William or Frederick William, 1882–1951, crown prince of Germany, son of William II. In World War I he commanded (1914) an army on the Western Front and was nominal commander in the German attack W. Botts n. pl. 1. (Zool.) See Bots. as CEO in January January: see month. 2007 (see IBO 3/31/07). Mr. Lancaster received a $25,000 hiring bonus, in June June: see month. 2007, Steven D. Goldby, former CEO of Symyx, was appointed ap·point
tr.v. ap·point·ed, ap·point·ing, ap·points
1. To select or designate to fill an office or a position: appointed her the chief operating officer of the company.
2. chairman, and Isy Goldwasser
Danziger Goldwasser (German: Gold water of Danzig , formerly president, was named his successor 1. SuccessoR - A language for distributed computing derived from SR.
["SuccessoR: Refinements to SR", R.A. Olsson et al, TR 84-3, U Arizona 1984].
2. successor - daughter (see IBO 4/30/07).
Process/Metrology/Motion Instrumentation instrumentation, in music: see orchestra and orchestration.
In technology, the development and use of precise measuring, analysis, and control equipment. Index
The Process/Metrology/Motion Instrumentation Index consists of eight executives from seven companies. The average short-term compensation for the Index declined 13.0% to $645,463 and included a 37.5% decline in average bonus and nonequity incentive to $226,426. The average base salary improved 10.3% to $419,001, while the total average compensation for the Index grew 9.1% to $2,416,871. However, the average compensation figures compared to last year are somewhat misleading due to newly appointed executives and incomplete compensation information. Hans HANS Head and Neck Support/System (brace worn by motor sport drivers; trademark of Hubbard/Downing, Inc.)
HANS Health Action Network Society
HANS Heavy Aromatic Naphtha Solvent C. Kobler, the president and CEO of ICx Technologies, was added to the table last year (see IBO 11/15/07). Mr. Peeler, also a new addition, was appointed CEO of Veeco Instruments last year (see IBO 7/15/07), replacing Mr. Braun, who is now chairman. Excluding these three executives, the average short-term compensation grew 10.8% to $757,010, and included a 29.0% increase in the average base salary to $420,171. However, the average bonus and nonequity incentive declined 5.8% to $336,839.
Don R. Kania, FEI FEI
Fédération Équestre Internationale. president and CEO, received the largest increase in base salary, as his salary rose 172% to $570,625. He also received the largest nonequity bonus after being appointed CEO in 2006 (see IBO 8/15/06). The highest base salary went to Mr. Braun, who collected $650,000, while Mr. Peeler received the largest total compensation package of $5.9 million, which included a $1 million sign-on bonus, as well as a housing and car allowance of $34,458, which was categorized cat·e·go·rize
tr.v. cat·e·go·rized, cat·e·go·riz·ing, cat·e·go·riz·es
To put into a category or categories; classify.
cat under Other compensation.
Laboratory Consumables/Equipment Index
The Laboratory Consumables/Equipment Index includes six executives from six companies. The average short-term compensation for executives in the Index jumped 29.3% to $1,268,795, and included a 5.1% increase in average base-salary salary to $621,975, as well as 66.1% growth in average bonus and nonequity incentive to $646,821. The total average compensation for the Index jumped over 158% to $7.0 million due to the fair value stock award granted to Mr. Lucier. He reported a 148% and 520% increase in total short- and long-term compensation to $3.0 million and $29 million, respectively. Excluding Mr. Lucier's payout, the total average short-term compensation for the Index remained relatively flat at $366,685, while the average total compensation grew 20.0% to $2,633,584.
Diversified diversified (di·verˑ·s Instrumentation Index
The Diversified Instrumentation Index includes 11 executives from 6 companies. This Index reported the largest short-term compensation of $1.7 million among the Indexes, primarily due to large bonus and nonequity incentive payments and to the fact that these companies each have sales of more than $1 billion. Average short-term compensation for the Index grew 6.5% excluding Thomas P. Joyce Joyce - A distributed language based on Pascal and CSP, by Per Brinch Hansen.
["Joyce - A Programming Language for Distributed Systems", Per Brinch Hansen, Soft Prac & Exp 17(1):29-50 (Jan 1987)]. , Jr., executive vice president of Danaher, whose 2006 salary information was not filed. Excluding Mr. Joyce, the average base salary improved 5.1% to $631,977, while the average bonus and nonequity incentive grew 7.3% to $1.1 million. The average long-term award totaled $1.4 million, a significant decline compared to fiscal 2006 due to Mr. Culp and Mr. Jellison's awards last year. In fiscal 2007, Mr. Culp did not receive any long-term awards, but did record $115,920 in perks perk 1
v. perked, perk·ing, perks
1. To stick up or jut out: dogs' ears that perk.
2. To carry oneself in a lively and jaunty manner. relating to relating to relate prep → concernant
relating to relate prep → bezüglich +gen, mit Bezug auf +acc the personal use of Danaher's aircraft, as well as club memberships and a personal car.
The Index's average total compensation fell 56.1% to $3.5 million. Excluding the compensation for Danaher's executives, however, total average compensation dropped 11.7% to $3.7 million. Mr. Culp recorded the Index's largest base salary and total short-term compensation, amounting to $1.1 million and $4.9 million, respectively. Christopher van Ingen Ingen Ryuki (Chinese 隱元隆琦, Yinyuan Longqi) (Fuqing, Fujian, 1592 - Uji, 1673) was a Chinese Linji Chan Buddhist monk, poet, and calligrapher.
Ingen's father disappeared when he was five. , former senior vice president of Agilent (Agilent Technologies, Santa Clara, CA, www.agilent.com) The test and measurement subsidiary of HP. In 1999, HP split off the division that started the company into an independent subsidiary named Agilent Technologies. At the time, the $2. Life Science (see IBO 8/31/07), received the largest increase in total short-term compensation, as it climbed 30.9% to $871,230. Mr. Jellison received the largest Increases and had the largest total values for both long-term and total compensation, as they rose 9.8% and 6.7% to $7.4 million and $10.4 million, respectively.
Top 10 Total Compensation, 2007 Company Executive Total Pay Invitrogen Gregory T. Lucier $29,017,236 Applied Biosystems Tony L. White $16,534,952 Becton Dickinson & Co. Edward J. Ludwig $12,522,622 PerkinElmer Gregory L. Summe $11,447,501 Roper Industries Brian D. Jellison $10,293,168 Illumina Jay T.Flatley $10,184,704 Beckman Coulter Scott Garrett $6,262,861 Veeco Instruments John R. Peeler $5,951,646 Veeco Instruments Edward H. Braun $5,370,798 Pall Eric Krasnoff $5,324,118 Average $11,290,961 Short-Term Compensation Bonus & Annual Salary Incentives Executive Title ($000) ($000) Diversified Instrumentation Agilent Technologies Christopher van Ingen SVP Life Science $450.0 $421.2 AMETEK F.S. Hermance COB/CEO $740.0 $1,147.0 R.W. Chlebek P/EIG $310.0 $273.0 Danaher H. Lawrence Culp, Jr. P/CEO $1,100.0 $3,775.0 Thomas P. Joyce, Jr. EVP $450.0 $650.0 Mettler-Toledo Int'l Robert F. Spoerry P/CEO $988.1 $1,615.9 Beat Luethi Head of Laboratory $366.3 $329.7 Roper Industries Brian D. Jellison COB/CEO $950.0 $1,900.0 Nigel W. Crocker VP/P/Industrial Tech. $335.0 $335.0 Teledyne Technologies Robert Mehrabian COB/P/CEO $768.3 $1,300.0 Aldo Pichelli SVP/COO Elec. Comm. $312.1 $238.4 Average $615.4 $1,089.6 Long-Term Comp. Fair Short-Term Value Compensation Stock Fair Award. Value Total % '07 Award Executive ($000) Chg. ($000) '07 ($000) Diversified Instrumentation Agilent Technologies Christopher van Ingen $871.2 31% $0 $896.2 AMETEK F.S. Hermance $1,887.0 -2% $1,500.0 $1,185.5 R.W. Chlebek $583.0 2% $230.0 $191.3 Danaher H. Lawrence Culp, Jr. $4,875.0 5% $0 $0 Thomas P. Joyce, Jr. $1,100.0 N/A $1,000.9 $1,583.8 Mettler-Toledo Int'l Robert F. Spoerry $2,604.0 11% $0 $1,063.5 Beat Luethi $696.0 0% $0 $729.1 Roper Industries Brian D. Jellison $2,850.0 6% $5,740.9 $1,655.4 Nigel W. Crocker $670.0 6% $0 $305.8 Teledyne Technologies Robert Mehrabian $2,068.3 8% $155.3 $543.9 Aldo Pichelli $550.4 13% $62.3 $155.4 Average $1,705.0 8% $789.9 $755.4 Long-Term Comp. Chg. in Pension Value & Nonqualified Total Deferred Comp. Other Comp. Executive ($000) ($000) ($000) Diversified Instrumentation Agilent Technologies Christopher van Ingen $132.8 $34.6 $1,934.7 AMETEK F.S. Hermance $92.0 $417.1 $5,081.7 R.W. Chlebek $186.8 $80.0 $1,271.1 Danaher H. Lawrence Culp, Jr. $2.1 $386.7 $5,263.8 Thomas P. Joyce, Jr. $4.2 $98.1 $3,786.9 Mettler-Toledo Int'l Robert F. Spoerry $0 $439.3 $4,106.7 Beat Luethi $0 -$482.3 $942.9 Roper Industries Brian D. Jellison $0 $46.9 $10,293.2 Nigel W. Crocker $0 $78.6 $1,054.4 Teledyne Technologies Robert Mehrabian $771.4 $16.7 $3,555.6 Aldo Pichelli $134.1 $144.6 $1,046.8 Average $120.3 $144.6 $3,485.3 Options Exerc. '07 ($000) Op. Profit '07 Executive ($M) Chg. Diversified Instrumentation Agilent Technologies Christopher van Ingen $718 $381 43% AMETEK F.S. Hermance $6,694 $387 25% R.W. Chlebek $1,750 $260 28% Danaher H. Lawrence Culp, Jr. $0 $1,741 16% Thomas P. Joyce, Jr. $652 $393 50% Mettler-Toledo Int'l Robert F. Spoerry $3,353 $263 23% Beat Luethi $7,907 $263 23% Roper Industries Brian D. Jellison $0 $438 30% Nigel W. Crocker $951 $165 28% Teledyne Technologies Robert Mehrabian $0 $162 30% Aldo Pichelli $135 $143 31% Average $2,015 $559 23% Top 10 Short-Term Raises, 2007 Company Executive % Chg. X-Rite Thomas J. Vacchiano, Jr. 172% Invitrogen Gregory T. Lucier 148% Transgenomic Craig J. Tuttle 110% Affymetrix Stephen P.A. Fodor 109% PerkinElmer Gregory L. Summe 89% PerkinElmer Robert F. Friel 83% Varian Garry W. Rogerson 81% Varian Martin O'Donoghue 61% Cepheid John L. Bishop 53% Bio-Rad Laboratories Norman Schwartz 50% Average 96% Short-Term Compensation Bonus & Annual Salary Incentives Executive Title ($000) ($000) Process/Metrology/ Motion Instrumen- tation FEI Company Don R. Kania P/CEO $570.6 $797.5 ICx Technologies Hans C. Kobler P/CEO $324.2 $127.5 MTS Systems Sidney W. Emery, Jr. COB/CEO $501.2 $378.3 RAE Systems Robert I. Chen P/CEO $280.0 $62.8 Strategic Diagnostics Matthew H. Knight P/CEO $329.0 $127.1 Veeco Instruments John R. Peeler CEO $276.9 $0 Edward H. Braun COB/Former CEO $650.0 $0 ygo J. Bruce Robinson COB/CEO $420.0 $318.5 Average $419.0 $226.5 Laboratory Consu- mables/Equipment Invitrogen Gregory T. Lucier COB/CEO $910.0 $2,047.5 Kewaunee Scientific William A. Shumaker P/CEO $303.3 $69.6 Millipore Martin D. Madaus COB/P/CEO $742.3 $488.0 Pall Eric Krasnoff COB/CEO $862.1 $836.7 Sigma-Aldrich Jai. P. Nagarkatti P/CEO $660.0 $439.1 Techne Thomas E. Oland P/CEO $254.1 $0 Average $622.0 $646.8 Long-Term Comp. Fair Fair Short-Term Value Value Compensation Stock Option Award. Award Total % '07 '07 Executive ($000) Chg. ($000) ($000) Process/Metrology/ Motion Instrumen- tation FEI Company Don R. Kania $1,368.2 N/A $767.1 $520.8 ICx Technologies Hans C. Kobler $451.7 NA $1,162.0 $0 MTS Systems Sidney W. Emery, Jr. $879.5 5% $0 $549.6 RAE Systems Robert I. Chen $342.8 3% $0 $0 Strategic Diagnostics Matthew H. Knight $456.1 48% $0 $110.0 Veeco Instruments John R. Peeler $276.9 NA $3,111.0 $1,527.5 Edward H. Braun $650.0 -37% $3,319.8 $1,377.5 ygo J. Bruce Robinson $738.6 0% $205.3 $237.2 Average $645.5 -13.0% $1,070.6 $540.3 Laboratory Consu- mables/Equipment Invitrogen Gregory T. Lucier $2,957.5 148% $26,014.0 $0 Kewaunee Scientific William A. Shumaker $373.0 20% $0 $0 Millipore Martin D. Madaus $1,230.3 -14% $1,359.6 $1,280.8 Pall Eric Krasnoff $1,698.8 1% $1,288.0 $1,073.3 Sigma-Aldrich Jai. P. Nagarkatti $1,099.1 8% $936.5 $951.8 Techne Thomas E. Oland $254.1 0% $0 $0 Average $1,268.8 29.3% $4,933.0 $551.0 Long-Term Comp. Chg. in Pension Value & Nonqualified Total Deferred Comp. Other Comp. Executive ($000) ($000) ($000) Process/Metrology/ Motion Instrumen- tation FEI Company Don R. Kania $0 $2.9 $2,659.0 ICx Technologies Hans C. Kobler $0 $8.3 $1,622.0 MTS Systems Sidney W. Emery, Jr. $0 $49.8 $1,478.9 RAE Systems Robert I. Chen $0 $19.3 $362.1 Strategic Diagnostics Matthew H. Knight $0 $8.8 $574.8 Veeco Instruments John R. Peeler $0 $1,036.2 $5,951.6 Edward H. Braun $0 $23.5 $5,370.8 ygo J. Bruce Robinson $112.8 $21.7 $1,315.6 Average $14.1 $146.3 $2,416.9 Laboratory Consu- mables/Equipment Invitrogen $29,017.2 Gregory T. Lucier $0 $45.7 Kewaunee Scientific William A. Shumaker $13.0 $27.2 Millipore Martin D. Madaus $0 $59.6 $3,930.3 Pall Eric Krasnoff $1,215.1 $49.0 $5,324.1 Sigma-Aldrich Jai. P. Nagarkatti $40.1 $195.0 $3,222.4 Techne Thomas E. Oland $0 $23.8 $277.9 Average $211.4 $66.7 $7,030.9 Options Op. Profit Exerc. '07 '07 % Executive ($000) ($M) Chg. Process/Metrology/ Motion Instrumen- tation FEI Company Don R. Kania $0 $57 146% ICx Technologies Hans C. Kobler $127 -$36 NM MTS Systems Sidney W. Emery, Jr. $1,812 $55 -1% RAE Systems Robert I. Chen $0 -$5 NM Strategic Diagnostics Matthew H. Knight $0 $1 142% Veeco Instruments John R. Peeler $0 -$12 NM Edward H. Braun $0 -$12 NM Zygo J. Bruce Robinson $0 $22 19% Average $242 $13 3% Laboratory Consu- mables/Equipment Invitrogen Gregory T. Lucier $22,429 $178 64% Kewaunee Scientific William A. Shumaker $1 $3 201% Millipore Martin D. Madaus $0 $217 50% Pall Eric Krasnoff $0 $300 28% Sigma-Aldrich Jai. P. Nagarkatti $238 $459 14% Techne Thomas E. Oland $0 $124 14% Average $3,778 $213 26% Short-Term Compensation Bonus & Annual Salary Incentives Executive Title ($000) ($000) Laboratory Instrumentation Affymetrix Stephen P.A. Fodor COB/CEO $630.7 $635.0 Kevin M. King P $432.7 $500.0 Applied Biosystems Tony L. White COB/P/CEO $1,148.1 $2,213.7 Beckman Coulter Scott Garrett P/CEO $838.0 $826.4 Becton Dickinson & Co. Edward J. Ludwig P/CEO $1,030.0 $1,400.0 Vincent A. Forlenza EVP $510.2 $585.0 Bio-Rad Laboratories Norman Schwartz P/CEO $628.5 $560.8 David Schwartz COB $520.1 $0 Bruker BioSciences Frank H. Laukien COB/P/CEO $306.5 $200.0 Caliper Life Sciences E. Kevin Hrusovsky P/CEO $433.5 $238.4 Cepheid John L. Bishop D/CEO $450.0 $225.0 CombiMatrix Amit Kumar P/CEO $438.6 $0 Dionex Lukas Braunschweiler P/CEO $428.6 $401.5 Harvard Bioscience Chane Graziano CEO $510.0 $154.1 David Green P $420.0 $127.0 Illumina Jay T. Flatley P/CEO $575.6 $302.3 Luminex Patrick J. Balthrop P/CEO $408.0 $524.5 MOCON Robert L. Demorest COB/P/CEO $260.5 $161.3 0.I. Corp. J. Bruce Lancaster CEO/CFO $190.6 $50.0 PerkinElmer Gregory L. Summe COB/P/CEO $1,000.0 $6,204.8 Robert F. Friel P/COO $631.9 $2,497.5 Sequenom Harry Stylli P/CEO $430.5 $176.4 Symyx Technologies Steven D. Goldby COB/Former CEO $324.1 $0 Isy Goldwasser CEO $420.0 $136.5 Thermo Fisher Scientific Marijin E. Dekkers PICEO $1,125.0 $1,926.6 Mark N. Casper EVP $657.5 $825.8 Transgenomic Craig J. Tuttle P/CEO $250.0 $50.0 Varian Garry W. Rogerson P/CEO $606.9 $1,443.7 Martin O'Donoghue VP/P/Scientific $297.9 $481.1 Inst Waters Douglas A. Berthiaume COB/P/CEO $700.0 $1,400.0 Arthur G. Caputo EVP/P/Waters Div. $410.0 $738.0 X-Rite Thomas J. Vacchiano Jr. P/CEO $319.8 $212.4 Average $541.7 $787.4 Long-Term Compensation Short-Term Compensation Fair Fair Value Value Stock Option Award. Award Total % '07 '07 Executive ($000) Chg. ($000) ($000) Laboratory Instrumentation Affymetrix Stephen P.A. Fodor $1,265.7 109% $798.3 $332.9 Kevin M. King $932.7 NA $892.2 $834.3 Applied Biosystems Tony L. White $3,361.8 5% $7,577.8 $2,070.8 Beckman Couiter Scott Garrett $1,664.4 20% $2,697.2 $1,547.1 Becton Dickinson & Co. Edward J. Ludwig $2,430.0 12% $5,974.9 $3,650.3 Vincent A.Forlenza $1,095.2 34% $1,412.0 $862.0 Bio-Rad Laboratories Norman Schwartz $1,189.3 50% $937.5 $1,530.7 David Schwartz $520.1 -33% $125.3 $150.3 Bruker BioSciences Frank H. Laukien $506.5 -7% $0 $593.0 Caliper Life Sciences E. Kevin Hrusovsky $671.9 -7% $263.2 $235.9 Cepheid John L. Bishop $675.0 53% $0 $869.2 CombiMatrix Amit Kumar $438.6 6% $0 $474.9 Dionex Lukas Braunschweiler $830.1 47% $0 $420.9 Harvard Bioscience Chane Graziano $664.1 -14% $0 $1,125.5 David Green $547.0 -14% $0 $750.3 Illumina Jay T. Flatley $877.8 43% $0 $9,293.9 Luminex Patrick J. Balthrop $932.5 0% $637.5 $253.1 MOCON Robert L. Demorest $421.8 -9% $0 $32.1 0.I. Corp. J. Bruce Lancaster $240.6 NA $0 $104.4 PerkinElmer Gregory L. Summe $7,204.8 89% $2,112.5 $1,675.7 Robert F. Friel $3,129.4 83% $1,056.2 $837.9 Sequenom Harry Stylli $606.9 -4% $0 $2,089.5 Symyx Technologies Steven D. Goldby $324.1 -48% $1,160.2 $0 Isy Goldwasser $556.5 -5% $1,740.3 $655.2 Thermo Fisher Scientific Marijin E. Dekkers $3,051.6 -40% $225.1 $0 Mark N.Casper $1,483.3 -5% $0 $0 Transgenomic Craig J. Tuttle $300.0 110% $0 $96.9 Varian Garry W. Rogerson $2,050.6 81% $0 $1,675.9 Martin O'Donoghue $779.0 61% $0 $700.6 Waters Douglas A. Berthiaume $2,100.0 -8% $0 $0 Arthur G. Caputo $1,148.0 -1% $0 $2,401.3 -Rite Thomas J. Vacchiano Jr. $532.2 172% $0 $911.1 Average $1,329.1 19.6% $862.8 $1,130.5 Long-Term Comensation Chg. In Pension Value & Nonqualified Total Deferred Comp. Other Comp. Executive ($000) ($000) ($000) Laboratory Instrumentation Affymetrix Stephen P.A. Fodor $0 $73.3 $2,470.1 Kevin M. King $0 $230.7 $2,889.9 Applied Biosystems Tony L. White $3,325.4 $199.2 $16,535.0 Beckman Couiter Scott Garrett $40.1 $314.1 $6,262.9 Becton Dickinson & Co. Edward J. Ludwig $448.2 $19.2 $12,522.6 Vincent A.Forlenza $203.3 $7.3 $3,579.8 Bio-Rad Laboratories Norman Schwartz $0 $13.5 $3,671.0 David Schwartz $0 $18.9 $814.5 Bruker BioSciences Frank H. Laukien $0 $6.8 $1,106.3 Caliper Life Sciences E. Kevin Hrusovsky $0 $0.4 $1,171.4 Cepheid John L. Bishop $0 $40.4 $1,584.6 CombiMatrix Amit Kumar $0 $0 $913.5 Dionex Lukas Braunschweiler $0 $63.4 $1,314.4 Harvard Bioscience Chane Graziano $0 $26.6 $1,816.2 David Green $0 $21.7 $1,319.0 Illumina Jay T. Flatley $0 $12.9 $10,184.7 Luminex Patrick J. Balthrop $0 $7.1 $1,830.1 MOCON Robert L. Demorest $0 $10.4 $464.3 0.I. Corp. J. Bruce Lancaster $0 $20.8 $365.8 PerkinElmer Gregory L. Summe $184.8 $269.7 $1,144.8 Robert F. Friel $146.5 $75.9 $5,245.9 Sequenom Harry Stylli $0 $16.0 $2,712.4 Symyx Technologies Steven D. Goldby $0 $5.1 $1,489.4 Isy Goldwasser $0 $5.1 $2,957.1 Thermo Fisher Scientific Marijin E. Dekkers $181.7 $36.5 $3,494.8 Mark N.Casper $30.1 $44.2 $1,557.5 Transgenomic Craig J. Tuttle $0 $24.9 $421.9 Varian Garry W. Rogerson $0 $121.5 $3,847.9 Martin O'Donoghue $0 $61.9 $1,541.4 Waters Douglas A. Berthiaume $264.1 $71.1 $2,435.2 Arthur G. Caputo $126.1 $8.1 $3,683.4 -Rite Thomas J. Vacchiano Jr. $54.3 $1,497.6 Average $154.7 $58.8 $3,535.9 Options Op. Profit Exerc. '07 '07 % Executive ($000) ($M) Chg. Laboratory Instrumentation Affymetrix Stephen P.A. Fodor $862 $6 NM Kevin M. King $0 $6 NM Applied Biosystems Tony L. White $8,187 $237 -20% Beckman Couiter Scott Garrett $518 $272 4% Becton Dickinson & Co. Edward J. Ludwig $13,761 $1,203 5% Vincent A.Forlenza $2,849 $259 17% BIo-Rad Laboratories Norman Schwartz $441 $135 -7% David Schwartz $5,055 $135 -7% Bruker BioSciences Frank H. Laukien $0 $50 63% Caliper Life Sciences E. Kevin Hrusovsky $0 -$24 NM Cepheid John L. Bishop $0 -$25 NM CombiMatrix Amit Kumar $0 -$16 NM Dionex Lukas Braunschweiler $3,762 $70 25% Harvard Bioscience Chane Graziano $0 $10 10% David Green $0 $10 10% Illumina Jay T. Flatley $4,198 -$301 N/A Luminex Patrick J. Balthrop $0 -$17 NM MOCON Robert L. Demorest $0 $5 -2% 0.I. Corp. J. Bruce Lancaster $0 $0 NM PerkinElmer Gregory L. Summe $12,416 $168 10% Robert F. Friel $0 $129 12% Sequenom Harry Stylli $0 -$23 NM Symyx Technologies Steven D. Goldby $0 -$17 NM Isy Goldwasser $585 -$17 NM Thermo Fisher Scientific Marijin E. Dekkers $65,017 $974 25% Mark N.Casper $8,844 $974 25% Transgenomic Craig J. Tuttle $0 -$3 NM Varian Garry W. Rogerson $4,220 $93 27% Martin O'Donoghue $422 $79 32% Waters Douglas A. Berthiaume $9,527 $349 18% Arthur G. Caputo $10,417 $349 18% -Rite Thomas J. Vacchiano Jr. $17 NM Average $4,721 $138 1% Top 10 Short-Term Compensation, 2007 Company Executive Total Pay PerkinElmer Gregory L. Summe $7,204,762 Danaher H. Lawrence Culp, Jr. $4,875,000 Applied Biosystems Tony L. White $3,361,755 PerkinElmer Robert F. Friel $3,129,392 Thermo Fisher Scientific Marijin E. Dekkers $3,051,563 Invitrogen Gregory T. Lucier $2,957,500 Roper Industries Brian D. Jellison $2,850,000 Mettler-Toledo Int'l Robert F. Spoerry $2,603,980 Becton Dickinson & Co. Edward J. Ludwig $2,430,000 Waters Douglas A. Berthiaume $2,100,000 Average $3,456,395 Top 10 Fair Value Stock and Option Grant Recipients, 2007 Company Executive Fair Value Invitrogen Gregory T. Lucier $26,013,989 Applied Biosystems Tony L. White $9,648,651 Becton Dickinson & Co. Edward J. Ludwig $9,625,291 Illumina Jay T. Flatley $9,293,935 Roper Industries Brian D. Jellison $7,396,290 Veeco Instruments Edward H. Braun $4,697,250 Veeco Instruments John R. Peeler $4,638,500 Beckman Coulter Scott Garrett $4,244,282 PerkinElmer Gregory L. Summe $3,788,190 AMETEK F.S. Hermance $2,685,541 Average $8,203,192 Top 10 Operating Profits in Proportion to Compensation, 2007 Company Executive Op. Prof./Pay * CEOs Becton Dickinson & Co. Edward J. Ludwig 495 Techne Thomas E. Oland 489 Sigma-Aldrich Jai. P. Nagarkatti 417 Danaher H. Lawrence Culp, Jr. 357 Thermo Fisher Scientific Marijin E. Dekkers 319 Average 416 Non-CEOs Thermo Fisher Scientific Mark N. Casper 657 AMETEK R.W. Chlebek 447 Agilent Technologies Christopher van Ingen 437 Mettler-Toledo Int'l Beat Luethi 378 Danaher Thomas P. Joyce, Jr. 357 Average 455 * Operating profit earned per dollar of short-term compensation.