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    Ari Bousbib

    Chairman and Chief Executive Officer at IQVIA Holdings Inc
    Board
    Since October 2016
    Age
    63 years
    Education
    Holds a Master of Science in Mathematics and Mechanical Engineering from the Ecole Superieure des Travaux Publics, Paris and an MBA from Columbia University.
    Tenure
    Assumed the role as Chairman and Chief Executive Officer at IQVIA in October 2016 following the merger of Quintiles and IMS Health.

    Also at IQVIA Holdings Inc

    BP
    Bhavik Patel
    President, Commercial Solutions
    ES
    Eric Sherbet
    EVP, General Counsel, and Secretary
    REB
    Ronald E. Bruehlman
    Executive Vice President and CFO

    About

    Ari Bousbib has led IQVIA as its Chairman and Chief Executive Officer since October 2016, a role he assumed following the merger of Quintiles and IMS Health. During his tenure, he steered the company to a position of global competitiveness and has been instrumental in driving innovation within the healthcare industry.

    Prior to his current leadership role, he served as Chairman and CEO of IMS Health from 2010 to 2016, providing a strong foundation in executive management that prepared him for the complexities of merging two industry leaders. His earlier roles at United Technologies Corporation, where he held multiple senior positions, further solidified his reputation as a seasoned executive with a deep understanding of global operations.

    With a well-rounded background that also includes experience as a partner at Booz Allen Hamilton, his career has been marked by remarkable progressions from operational leadership at Otis Elevator Company to steering major commercial divisions at UTC. His appointment to various boards and advisory councils, including those of The Home Depot, Inc. and the Harvard Medical School Health Care Policy Advisory Council, highlights his significant impact across several sectors.

    $IQV Performance Under Ari Bousbib

    Past Roles

    OrganizationRoleDate RangeDetails
    IMS Health Holdings, Inc. Chairman and CEO 2010-2016 Served as Chairman and CEO before the merger to form IQVIA
    United Technologies Corporation (UTC) President of UTC's Commercial Companies 2008-2010 Oversaw worldwide operations of Otis Elevator Company, Carrier Corporation, UTC Fire & Security, and UTC Power Inc.
    Otis Elevator Company (UTC) President 2002-2008 N/A
    Otis Elevator Company (UTC) Chief Operating Officer 2000-2002 N/A
    Booz Allen Hamilton Partner N/A [N/A]Worked as a partner before joining UTC

    External Roles

    OrganizationRoleDate RangeDetails
    The Home Depot, Inc. Board of Directors Member N/A [N/A]Serves on the Finance Committee and Audit Committee
    Harvard Medical School Health Care Policy Advisory Council Member N/A [N/A]N/A

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,800,000 Annual2024 base salary
    Life Insurance Premiums$7,524 As incurredFixed life insurance premiums
    IQVIA 401(k) Plan Matching Contributions$10,350 Annual contributionRetirement plan matching contributions
    IQVIA Savings Equalization Plan Contributions$191,495 Annual contributionContributions to the Savings Equalization Plan
    Reimbursement for Estate Planning ServicesUp to $50,000 ReimbursementEstate planning services reimbursement (cap applies)
    Automobile Lease Payments and Operating Expenses$39,403 Regular paymentsAutomobile lease payments and operating expenses
    Personal Usage of Company Aircraft$87,471 Per use basisCalculated based on hourly costs; up to 150 personal hours allowed

    Performance Compensation

    Data from  FY 2024

    Short-Term Incentive Awards

    MetricWeighting [Source]Threshold ValueTarget ValueMaximum ValueAdditional Details
    Revenue/Profit50% N/APart of 200% incentiveN/AFinancial metric
    Cash Flow20% N/APart of 200% incentiveN/AFinancial metric
    Operational/Strategic15% N/APart of 200% incentiveN/ANon-financial metric
    Leadership/Sustainability15% N/APart of 200% incentiveN/ANon-financial metric
    • Target Incentive Opportunity: 200% of base salary, which equals $3,600,000 based on a $1,800,000 base salary.
    • Calculated Performance Payout Factor: 139.6% resulting in a payout of $5,023,800 before adjustment.
    • Final Payout: Reduced to $3,600,000 (100% of target) as requested.
    • Plan Details: Annual cash award under the Annual Plan with no vesting schedule.

    Long-Term Incentive Awards

    ComponentDetails/Thresholds/TargetsGrant DetailsVesting Schedule
    3-Year Adjusted Diluted EPS GrowthWeight: 75% <br> Threshold: 6.2% <br> Target: 10.0% <br> Maximum: 13.6% <br> Payout Range: 50% to 200% of target N/ABased on achievement over the 2024-2026 performance period
    3-Year TSR vs. S&P 500Weight: 25% <br> Threshold: 25th percentile <br> Target: 55th percentile <br> Maximum: 75th percentile <br> Payout Range: 50% to 200% of target N/ABased on achievement over the 2024-2026 performance period
    Performance SharesThreshold: 36,740 shares <br> Target: 73,481 shares <br> Maximum: 146,962 shares Grant Date: Feb 7, 2024 <br> Grant Date Fair Value: $15,749,918 <br> Grant Date Stock Price: $214.34 Vests based on performance metrics over the 2024-2026 period
    SARs (Stock Appreciation Rights)Number: 72,517 SARs <br> Exercise Price: $214.34 Grant Date Fair Value: $4,489,065 Vests in three equal installments on Feb 7, 2025, 2026, and 2027
    • Evaluation Period: 2024-2026 for performance shares.
    • Conditions: Performance Shares are tied to both Adjusted Diluted EPS Growth and TSR metrics; SARs vest solely based on time.