Kevin A. Lobo
2021
In 2021, Kevin A. Lobo earned a total compensation of $16.4M as Chair, Chief Executive Officer and President at Stryker, a 23% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,816,470 |
|---|---|
| Option Awards | $6,797,299 |
| Salary | $1,306,667 |
| Stock Awards | $5,969,936 |
| Other | $469,526 |
| Total | $16,359,898 |
Lobo received $6.8M in option awards, accounting for 42% of the total pay in 2021.
Lobo also received $1.8M in non-equity incentive plan, $1.3M in salary, $6M in stock awards and $469.5K in other compensation.
Rankings
In 2021, Kevin A. Lobo's compensation ranked 455th out of 12,397 executives tracked by ExecPay. In other words, Lobo earned more than 96.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 455 out of 12,397 | 96th |
Division Manufacturing | 144 out of 5,492 | 97th |
Major group Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks | 14 out of 798 | 98th |
Industry group Surgical, Medical, And Dental Instruments And Supplies | 6 out of 519 | 99th |
Industry Surgical and Medical Instruments and Apparatus | 3 out of 324 | 99th |
Pay ratio
| Kevin A. Lobo's Pay | $16,359,898 |
|---|---|
| Median Employee's Pay | $76,715 |
| Pay Ratio | 213to 1 |
In 2021, the annual total compensation of Kevin A. Lobo was $16,359,898.
The annual total compensation of the median employee at Stryker was $76,715.
The ratio of Kevin A. Lobo's pay to the pay of median employee was therefore 213 to one.
Source: SEC filing on March 23, 2022.
Lobo's colleagues
We found five more compensation records of executives who worked with Kevin A. Lobo at Stryker in 2021.