COVID Stimulus Watch Individual Entry

Recipient Company:
Thermo Fisher Scientific Inc
Loan or Loan Guarantee Amount:
$2,136,947

Recipient Details

Ownership Structure: publicly traded (ticker symbol NYSE: TMO)

Award Details

Award Date: Aug 10, 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:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Thermo Fisher Scientific
Headquartered in: Massachusetts
Parent Sector: miscellaneous manufacturing
Parent Industry: scientific equipment
Employees (prior to pandemic): 75,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $4,840,000
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $341,423
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 235 to 1
CEO Compensation: $19,023,145
Worker Median Pay: $80,915
Tax icon
Total Federal, State, and Local Subsidies: $26,901,477
Federal Corporate Income Tax Rate: 3.8%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues