Kevin Lobo 10th highest-paid healthcare CEO: WSJ

Spinal Tech

Stryker CEO Kevin Lobo is the 10th-highest paid healthcare CEO, according to The Wall Street Journal.

The Journal shared the full annual analysis and ranking of S&P 500 CEO pay and found the median total compensation for half of CEOs reached at least $15.7 million in 2023, according to the May 21 report. 

Mr. Lobo's total pay was $20.77 million. In the first quarter of 2024, Stryker's U.S. spine business grew 3.9% year-over-year, and U.S. orthopedics grew 45.6% year-over-year. 

The company is continuing its momentum and gearing up for the release of its spine robot toward the end of the year. 

Other healthcare CEOs included on the Journal's list include:

Joseph Hogan, Align Technology
Total pay: $28.95 million

Peter Arduini, GE Healthcare Technologies
Total pay: $24.51 million

Andrew Witty, UnitedHealth
Total pay: $23.53 million

Robert Ford, Abbott Laboratories
Total pay: $23.27 million

Gail Boudreaux, Elevance Health
Total pay: $21.89 million

Karen Lynch, CVS Health
Total pay: $21.62 million

Joseph Zubretsky, Molina Healthcare
Total pay: $21.49 million

Samuel Hazen, HCA Healthcare
Total pay: $21.32 million

David Cordani, Cigna
Total pay: $21.05 million

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