COVID Stimulus Watch Individual Entry

Recipient Company:

Pfizer Inc

Loan or Loan Guarantee Amount:

$5,059,472

Recipient Details

Ownership Structure: publicly traded (ticker symbol PFE)

Award Date: Dec 7, 2020

Award Type: loan

Award Details: Amount represents the purchase price of company bonds bought by the Fed.

Program Name: Secondary Market Corporate Credit Facility

Legislation: CARES

Awarding Agency: Federal Reserve

Data Source for Award:

Parent Company: Pfizer

Headquartered in: New York

Parent Sector: pharmaceuticals

Parent Industry: pharmaceuticals

Employees (prior to pandemic): 88,300

Employment-related Penalties: $2,400,000

Government-contracting-related Penalties: $936,688,435

Environmental / Healthcare / Safety Penalties: $942,782,236

Consumer Protection / Financial / Competition-related Penalties: $61,891,568

Ratio of CEO Pay to that of Median Worker: 181 to 1

CEO Compensation: $17,928,963

Worker Median Pay: $98,972

Total Federal, State, and Local Subsidies: $65,921,927