Joe Kiani
2021
In 2021, Joe Kiani earned a total compensation of $16.2M as Chief Executive Officer & Chairman of the Board at Masimo, a 5% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,647,794 |
|---|---|
| Option Awards | $2,999,417 |
| Salary | $1,176,664 |
| Stock Awards | $8,999,953 |
| Other | $1,395,450 |
| Total | $16,219,278 |
Kiani received $9M in stock awards, accounting for 55% of the total pay in 2021.
Kiani also received $1.6M in non-equity incentive plan, $3M in option awards, $1.2M in salary and $1.4M in other compensation.
Rankings
In 2021, Joe Kiani's compensation ranked 460th out of 12,397 executives tracked by ExecPay. In other words, Kiani earned more than 96.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 460 out of 12,397 | 96th |
Division Manufacturing | 146 out of 5,492 | 97th |
Major group Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks | 15 out of 798 | 98th |
Industry group Surgical, Medical, And Dental Instruments And Supplies | 7 out of 519 | 99th |
Industry Electromedical and Electrotherapeutic Apparatus | 2 out of 88 | 98th |
Pay ratio
| Joe Kiani's Pay | $16,219,278 |
|---|---|
| Median Employee's Pay | $101,212 |
| Pay Ratio | 160to 1 |
In 2021, the annual total compensation of Joe Kiani was $16,219,278.
The annual total compensation of the median employee at Masimo was $101,212.
The ratio of Joe Kiani's pay to the pay of median employee was therefore 160 to one.
Source: SEC filing on April 4, 2022.
Kiani's colleagues
We found four more compensation records of executives who worked with Joe Kiani at Masimo in 2021.