ABIOMED CEO Michael Minogue's 2019 pay jumps 87% to $19M

ABIOMED reports 2019 executive compensation

By ExecPay News

Published: June 25, 2019

ABIOMED reported fiscal year 2019 executive compensation information on June 25, 2019.
In 2019, six ABIOMED executives received on average a compensation package of $5.7M, a 86% increase compared to previous year.
Average pay of disclosed executives at ABIOMED
Michael R. Minogue, Chief Executive Officer, received $19M in total, which increased by 87% compared to 2018. 66% of Minogue's compensation, or $13M, was in stock awards. Minogue also received $1.6M in non-equity incentive plan, $4.3M in option awards, $753K in salary, as well as $8.8K in other compensation.
For fiscal year 2019, the median employee pay was $115,794 at ABIOMED. Therefore, the ratio of Michael R. Minogue's pay to the median employee pay was 166 to one.
David M. Weber, Chief Operating Officer, received a compensation package of $4.4M, which increased by 102% compared to previous year. 60% of the compensation package, or $2.6M, was in stock awards.
Todd A. Trapp, Chief Financial Officer, earned $3.2M in 2019.
Michael G. Howley, Vice President and General Manager, Global Sales, received $2.9M in 2019, which increases by 48% compared to 2018.
Andrew J. Greenfield, Vice President and General Manager, Global Marketing, earned $2.9M in 2019.
Ian McLeod, Chief Financial Officer, received $1.5M in 2019, which increases by 56% compared to 2018.
ABIOMED's fiscal year ends on March 31.

Related executives

Michael Minogue

ABIOMED

Chief Executive Officer

Todd Trapp

ABIOMED

Chief Financial Officer

Ian McLeod

ABIOMED

Chief Financial Officer

Andrew Greenfield

ABIOMED

Executive Vice President and Chief Commercial Officer

David Weber

ABIOMED

Chief Operating Officer

Michael Howley

ABIOMED

Vice President and General Manager, Global Sales

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Source: SEC filing on June 25, 2019.