Viatris management check
VTRS · Health Care · Pharmaceuticals · CEO Scott A. Smith
Filings as of
1 good · 3 to watch · 1 flagged, across the seven questions below.
- Flag
Have owners done well?
Trailed its chosen peers$100 invested at the start of fiscal 2021 grew to $81, against $186 for the peer group the company picked itself.
- Good
Does pay follow performance?
Pay rose and fell with returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.63 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- n/a
What does the CEO cost owners?
Not enough dataNo pay or net income figure for the latest year.
- n/a
Do they own the stock?
No recent CEO filingLight activity: no buys, $810k sold in six months. 1 of 1 sales ran on pre-arranged 10b5-1 plans.
- Watch
Are owners being diluted?
Stock pay 1.2% of revenueStock-based pay was 1.2% of revenue in the latest year.
- Watch
Is leadership stable?
2 CEOs in the pay tableCEOs in the pay table: Michael Goettler, Scott A. Smith. 9 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Watch
Are the books clean?
An annual report was amendedNo restatements, auditor changes or late filings since 2021. 4 amended annual reports.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Health Care.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 0 | 26 | |
| Pay for performance | 81 | 85 | |
| CEO cost | — | — | 44 |
| Skin in the game | — | — | 46 |
| Dilution | 92 | 68 | |
| Stable leadership | 40 | 70 | |
| Clean books | 70 | 100 |
Closest peers
Others in Pharmaceuticals, by management score. Viatris is 45th of 60 in its sector.
- 32LLYLilly (Eli)84
- 181ZTSZoetis70
- 190JNJJohnson & Johnson69
- 207BMYBristol Myers Squibb68
- 263PFEPfizer64
- 323MRKMerck & Co.60
- 369VTRSViatris57
Pay versus performance
From the proxy statement filed April 2, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Scott A. Smith | $15.3m | $24.7m | $5.2m | $81 | $186 | — |
| 2024 | Scott A. Smith | $14.8m | $17.8m | $5.5m | $77 | $145 | — |
| 2023 | Michael Goettler, Scott A. Smith | $15.9m | $17.8m | $14.3m | $65 | $135 | — |
| 2022 | Michael Goettler | $14.8m | $14.3m | $14.9m | $63 | $135 | — |
| 2021 | Michael Goettler | $14.8m | $13.6m | $10.5m | $74 | $125 | — |
The board says pay is tied most to Free Cash Flow. Its other key measures: Adjusted EBITDA, Relative TSR.
Insiders and the CEO's stake
Light activity: no buys, $810k sold in six months. 1 of 1 sales ran on pre-arranged 10b5-1 plans.
- SoldPaul CampbellSee Remarks · 10b5-1 plan$810kJun 25, 2026
Leadership and governance on file
- May 4, 2026Leadership change8-K 5.02
- Feb 3, 2026Leadership change8-K 5.02
- Dec 5, 2025Leadership change8-K/A 5.02
- Aug 5, 2025Leadership change8-K 5.02
- May 5, 2025Leadership change8-K 5.02
- Apr 30, 2025Annual report amended10-K/A
- Dec 6, 2024Leadership change8-K 5.02
- Jun 3, 2024Leadership change8-K 5.02
- Apr 26, 2024Annual report amended10-K/A
- Dec 15, 2023Leadership change8-K/A 5.02
- Dec 15, 2023Leadership change8-K 5.02
- Oct 20, 2023Leadership change8-K 5.02
Latest shareholder vote results: May 15, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $1.0bn returned to owners in buybacks and dividends, and $732.1m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $17.8bn | $16.2bn | $15.4bn | $14.7bn | $14.3bn |
| Net income | — | — | — | — | — |
| Stock-based pay | $111.2m | $116.4m | $180.7m | $146.1m | $177.7m |
| Buybacks | $0 | $0 | $250.0m | $250.0m | $500.5m |
| Dividends | — | — | — | — | — |
| Diluted shares | 1209m | 1217m | 1207m | — | — |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.