Chris Newmarker

More Medtech Executives Risk Going to Prison

Posted in by Chris Newmarker on May 23, 2016
Federal prosecutors with a new mandate pursue fraud charges over alleged off-label promotion of a nasal stent. Is potential prison time a new risk of doing business in the medical device industry?Nancy CrottiPatrick Fabian (left) and William Facteau were executives at Acclarent. Continue

Rounding Out the List of Most Compensated Medtech CEOs

Posted in by Chris Newmarker on May 20, 2016
     No. 8: Boston Scientific CEO Michael MahoneyTotal Compensation: $11,594,128Total Salary: $967,740 Previous Fiscal Year Compensation: $10,527,884Percent Difference: +10% No. 9: Zimmer Biomet CEO David DvorakTotal Compensation: $11,392,178Total Salary: $1,0... Continue

BD CEO Vincent Forlenza Sees 7% Rise in Compensation

Posted by Chris Newmarker on May 20, 2016
     Total Compensation: $11,710,032Total Salary: $1,045,000 Previous Fiscal Year Compensation: $10,983,518Percent Difference: +7%Barrett's salary crossed the $1 million mark in 2015. His compensation was up in almost all the other categories, from stock awards to non-e... Continue

Cardinal Health CEO George Barrett's Compensation Up 7%

Posted in by Chris Newmarker on May 20, 2016
    Total Compensation: $13,269,731Total Salary: $1,320,000Previous Fiscal Year Compensation: $12,448,618Percent Difference: +7%Barrett was among a number of highly paid medtech CEOs enjoying an increase in stock awards and option awards in the most recent fiscal year.&... Continue

Abbott Labs CEO Miles White Enjoys 9% Rise in Compensation

Posted in by Chris Newmarker on May 20, 2016
    Total Compensation: $19,401,704Total Salary: $1,900,000  Previous Fiscal Year Compensation: $17,732,241Percent Difference: +9%White, who has been Abbott Labs' CEO since 1999, saw stock awards and option awards each go up by nearly a third, to more than $6 milli... Continue

3M CEO Inge Thulin's Compensation Slightly Down

Posted by Chris Newmarker on May 20, 2016
    Total Compensation: $19,441,062Total Salary: $1,448,153 Previous Fiscal Year Compensation: $20,115,589Percent Difference: –3% Thulin is another no-brainer for the list, since 3M is another huge conglomerate making much more than medical device products. Compensati... Continue

GE CEO Jeffrey Immelt Sees Compensation Rise 14%

Posted in by Chris Newmarker on May 20, 2016
    Total Compensation: $23,376,805Total Salary: $3,800,000 Previous Fiscal Year Compensation: $20,530,474Percent Difference: +14% It would make sense that Immelt would make the list, since GE is a huge conglomerate where medical device manufacturing is only a portion o... Continue

J&J CEO Alex Gorsky Sees a Dip in Compensation

Posted in by Chris Newmarker on May 20, 2016
    Total Compensation: $23,795,866Total Salary: $1,613,462Previous Fiscal Year Compensation: $24,989,306Percent Difference: –5% Gorksy's salary was actually up more than $100,000 last year, but the value of his pension and non-qualified deferred compensation earnings... Continue

Medtronic CEO Omar Ishrak at Top for Compensation

Posted in by Chris Newmarker on May 20, 2016
    Total Compensation: $39,460,266Total Salary: $1,503,123Previous Fiscal Year Compensation: $12,118,846Percent Difference: +226% Medtronic's most recent proxy is for the fiscal year ended April 24, 2015. Much of Ishrak's skyrocketing compensation was due to the compan... Continue

10 Medtech CEOs Who Made the Most

Posted in by Chris Newmarker on May 20, 2016
    The past year has been really good for many medical device company CEOs. Find out which ones. Chris NewmarkerMay 20, 2016It turns out that more than two-thirds of medtech CEOs saw their compensation go up over the past year, according to a Qmed analysis of SEC filings for 38 ... Continue