Valeant Holds On to Top Execs with Million-Dollar Bonus Payouts

May 18, 2016

May 18, 2016.

Forbes

reports that Valeant Pharmaceuticals is planning to pay CFO Robert L. Rosiello and executives Dr. Ari Kellen and Anne C. Whitaker $1 million retention bonuses, as well as “special equity awards” of $2.8 million, $3.8 million and $1.25 million, respectively, in the form of restricted stock units that vest over 18-months.   Antoine Gara writes that these heavy retention bonuses "further indicate pay will be a big part of working for a kinder and gentler Valeant. Or," he adds, "perhaps, Valeant has become such a toxic workplace only heavy incentives can generate loyalty inside the company".