What 6 execs at Zimmer Biomet were paid over 3 years

Zimmer Biomet’s new CEO, Ivan Tornos, earned $10.2 million in total compensation in 2023, according to a recent Securities and Exchange Commission proxy filing.

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The devicemaker’s March 27 filing revealed the compensation packages for five executives from 2021 to 2023. Compensation packages include salary, stock and option awards, non-equity incentive plan compensation, bonuses and other pay.

Here’s what each executive made during that time:

Ivan Tornos, CEO

2023: $10.2 million

2022: $6.4 million

2021: $4.9 million

Bryan Hanson, former chair, president and CEO

2023: $12.8 million

2022: $16.4 million

2021: $15 million

Suketu Upadhyay, CFO and executive vice president of finance, operations and supply chain

2023: $10.4 million

2022: $5.5 million

2021: $4.6 million

Sang Yi, president of APAC

2023: $3.4 million

2022: $3.6 million

2021: $3.4 million

Wilfred van Zuilen

2023: $3.4 million

2022: $2.7 million

2021: $4 million

Chad Phipps, senior vice president, general counsel and secretary

2023: $2.9 million

2022: $3.2 million

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