Inspire Medical Systems CEO Timothy Herbert's 2019 pay slips 11% to $2.9M
Inspire Medical Systems reports 2019 executive compensation
By ExecPay News
Published: March 16, 2020
Inspire Medical Systems reported fiscal year 2019 executive compensation information on March 16, 2020.
In 2019, three executives at Inspire Medical Systems received on average a compensation package of $2M, a 23% increase compared to previous year.
Average pay of disclosed executives at Inspire Medical Systems
Timothy Herbert, Chief Executive Officer, received $2.9M in total, which decreased by 11% compared to 2018. 71% of Herbert's compensation, or $2M, was in option awards. Herbert also received $412K in non-equity incentive plan and $440K in salary.
Randall A. Ban, Chief Commercial Officer, received a compensation package of $2M, which increased by 86% compared to previous year. 73% of the compensation package, or $1.4M, was in option awards.
Richard Buchholz, Chief Financial Officer, earned $1.2M in 2019, a 1% decrease compared to previous year.
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Source: SEC filing on March 16, 2020.