CEO compensation for 8 spine, orthopedic device companies

CEOs of medical device company giants routinely make seven-figure salaries, with total compensation reaching even higher when bonuses and stock awards are included.

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Here are the 2016 salary and total compensation statistics for the CEOs of major device companies in the orthopedic and spine space.

 

Alex Gorsky. Chairman and CEO of Johnson & Johnson
Salary: $1.6 million
Total compensation: $21.2 million

 

Omar Ishrak. Chairman and CEO of Medtronic*
Salary: $1.6 million
Total compensation: $15.4 million

 

Kevin Lobo. Chairman, President and CEO of Stryker
Salary: $1.1 million
Total compensation: $12.8 million

 

David Dvorak. Former President and CEO of Zimmer Biomet
Salary: $1.1 million
Total compensation: $10.6 million
Mr. Dvorak was replaced by Daniel Florin in July 2017.

 

Gregory Lucier. Chairman and CEO of NuVasive
Salary: $800,000
Total compensation: $6.1 million

 

Bradley Mason. President and CEO of Orthofix
Salary: $705,576
Total compensation: $4.8 million

 

Eric Major. President and CEO of K2M
Salary: $525,000
Total compensation: $2.9 million

 

David Paul. Chairman and CEO of Globus Medical
Salary: $430,000
Total compensation: $1.7 million

 

*Based on proxy statements filed for 2017 fiscal year

 

More articles on orthopedic devices:
Zimmer Biomet, Stryker, Smith & Nephew & more: 16 device company key notes
Stryker achieves 95% ownership of Vexim: 5 takeaways
Medtronic hires director of finance: 4 things to know

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