Inspire Medical Systems CEO Timothy Herbert's 2018 pay jumps 444% to $3.3M
Inspire Medical Systems reports 2018 executive compensation
By ExecPay News
Published: March 16, 2020
Inspire Medical Systems reported fiscal year 2018 executive compensation information on March 16, 2020.
In 2018, four executives at Inspire Medical Systems received on average a compensation package of $1.6M, a 235% increase compared to previous year.
Average pay of disclosed executives at Inspire Medical Systems
Timothy Herbert, Chief Executive Officer, received $3.3M in total, which increased by 444% compared to 2017. 74% of Herbert's compensation, or $2.4M, was in option awards. Herbert also received $419K in non-equity incentive plan and $418K in salary.
Richard Buchholz, Chief Financial Officer, received a compensation package of $1.2M, which increased by 252% compared to previous year. 57% of the compensation package, or $657K, was in option awards.
Randall A. Ban, Chief Commercial Officer, earned $1.1M in 2018, a 107% increase compared to previous year.
Randy Ban, Senior Vice President of Global Sales and Marketing, received $1.1M in 2018, which increases by 107% compared to 2017.
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Source: SEC filing on March 16, 2020.