Omar Ishrak

2020 - Medtronic

In 2020, Omar Ishrak earned a total compensation of $14.8M as Chairman and Chief Executive Officer at Medtronic, a 17% decrease compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$286,442
Non-Equity Incentive Plan$3,382,200
Option Awards$4,666,291
Salary$1,741,556
Stock Awards$4,666,732
Other$79,519
Total$14,822,740

Ishrak received $4.7M in stock awards, accounting for 31% of the total pay in 2020.

Ishrak also received $286.4K of change in pension value and nonqualified deferred compensation earnings, $3.4M in non-equity incentive plan, $4.7M in option awards, $1.7M in salary and $79.5K in other compensation.

Rankings

In 2020, Omar Ishrak's compensation ranked 52nd out of 1,678 executives tracked by ExecPay. In other words, Ishrak earned more than 96.9% of executives.

ClassificationRankingPercentile
All
52
out of 1,678
97th
Division
Manufacturing
21
out of 880
98th
Major group
Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks
2
out of 96
98th
Industry group
Surgical, Medical, And Dental Instruments And Supplies
2
out of 56
96th
Industry
Electromedical and Electrotherapeutic Apparatus
1
out of 9
89th

Pay ratio

Omar Ishrak's Pay$14,822,740
Median Employee's Pay$62,286
Pay Ratio

238

to 1

In 2020, the annual total compensation of Omar Ishrak was $14,822,740.

The annual total compensation of the median employee at Medtronic was $62,286.

The ratio of Omar Ishrak's pay to the pay of median employee was therefore 238 to one.

Source: SEC filing on August 14, 2020.

Ishrak's colleagues

We found five more compensation records of executives who worked with Omar Ishrak at Medtronic in 2020.

2020

Geoffrey Martha

Medtronic

President

2020

Michael Coyle

Medtronic

Executive Vice President and Group President, Cardiac and Vascular Group

2020

Hooman Hakami

Medtronic

Former Executive Vice President and President, Diabetes

2020

Karen Parkhill

Medtronic

Chief Financial Officer

2020

Bradley Lerman

Medtronic

General Counsel

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