Company: CRL
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001104659-25-030908
Chunk: 59

Company: CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 59
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 (TMO)         | ​ | ​ |
| ​ | ​ | Boston Scientific Corporation* (BSX) | ​ | ​ | ​ | Medpace Holdings, Inc. (MEDP)                       | ​ | ​ | ​ | Vertex Pharmaceuticals Incorporated* (VERX) | ​ | ​ |
| ​ | ​ | Bristol-Myers Squibb Company (BMY)   | ​ | ​ | ​ | Medtronic, Inc.(MDT)                                | ​ | ​ | ​ | Waters Corporation* (WAT)                   | ​ | ​ |
| ​ | ​ | Bruker Corporation* (BRKR)           | ​ | ​ | ​ | Merck & Co., Inc.(MRK)                              | ​ | ​ | ​ | West Pharmaceutical Services* (WST)         | ​ | ​ |
| ​ | ​ | Catalent, Inc.* (CTLT)               | ​ | ​ | ​ | Mettler Toledo International Inc.(MTD)              | ​ | ​ | ​ | ​                                           | ​ | ​ |
| ​ | ​ | Eli Lilly and Company (LLY)          | ​ | ​ | ​ | Myriad Genetics, Inc. (MYGN)                        | ​ | ​ | ​ | ​                                           | ​ | ​ |

Custom compensation survey data included information from 23 peer group companies (noted with *), as well as from Alkermes plc (ALKS); Biomarin Pharmaceutical Inc. (BMRN); DexCom Inc. (DXCM); Exelixis Inc. (EXEL); Incyte Corporation (INCY); Insulet Corporation (PODD); Perrigo Company plc (PRGO); RedMed Inc. (RMD); Seagen Inc. (SGEN); The Cooper Companies Inc. (COO); United Therapeutics Corporation (UTHR); and Zimmer Biomet Holdings Inc. (ZBH). For evaluating 2025 compensation levels, the proxy peer group is expected to remove Syneos Health as it was taken private and add Fortrea Holdings, a CRO spun off from Labcorp Holdings. Annual Base Salary Our compensation philosophy embraces the premise that establishing base salaries at a reasonable level helps to promote retention and acts as an appropriate balance to other forms of variable or “at risk” compensation. We pay base salaries within a range designed to approximate the market benchmark of executives with similar responsibilities in the peer group and surveys. Actual base salaries are determined after considering the competitive data, overall competitive position as compared to our compensation philosophy,