COVID Stimulus Watch Individual Entry

Individual Award Data

Recipient Company:
AbbVie Inc
Parent Company: AbbVie
Award Date: Aug 10, 2020
Award Type: loan
Loan or Loan Guarantee Amount: $5,268,083
Awarding Agency: Federal Reserve
Program Name: Secondary Market Corporate Credit Facility
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Ownership Structure: publicly traded (ticker symbol ABBV)
Headquartered in: Illinois
Parent Sector: pharmaceuticals
Parent Industry: pharmaceuticals
Employees (prior to pandemic): 30,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $4,000,000
Contracting icon
Government-contracting-related Penalties: $476,385,510
Environment icon
Environmental / Healthcare / Safety Penalties: $2,514,247,503
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $56,500,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 139 to 1
CEO Compensation: $21,610,598
Worker Median Pay: $155,885
Tax icon
Total Federal, State, and Local Subsidies: $867,394
Subsidy Tracker
Violation Tracker

Details on Accountability data sources