Business & Tech

Horizon Pharma CEO Gets Huge Raise

Reports show Timothy Walbert's pay increased ten-fold in 2015.

LAKE FOREST, IL - The CEO of Pharmaceutical giant Horizon Pharma got a ten-fold pay increase in 2015.

CEO Timothy Walbert was given a $93.4 million pay package last year from the company based in Ireland with its American headquarters in Lake Forest, according to a Chicago Tribune report. Walbert received stock options worth $47.4 million and $43.5 million in restricted shares.

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His salary was $859,375 and received a $1.53 million cash bonus.

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