Merit Medical Systems CEO Fred Lampropoulos' 2018 pay slips 15% to $3.7M

Merit Medical Systems reports 2018 executive compensation

By ExecPay News

Published: May 27, 2020

Merit Medical Systems reported fiscal year 2018 executive compensation information on May 27, 2020.
In 2018, seven executives at Merit Medical Systems received on average a compensation package of $1.4M, a 11% decrease compared to previous year.
Average pay of disclosed executives at Merit Medical Systems
Fred P. Lampropoulos, Chief Executive Officer, received $3.7M in total, which decreased by 15% compared to 2017. 46% of Lampropoulos' compensation, or $1.7M, was in salary. Lampropoulos also received $1.3M in non-equity incentive plan, $588K in stock awards, as well as $93K in other compensation.
Ronald A. Frost, Chief Operating Officer, received a compensation package of $1.4M, which increased by 26% compared to previous year. 45% of the compensation package, or $619K, was in stock awards.
Joseph C. Wright, President, Merit International, earned $1.2M in 2018, a 32% increase compared to previous year.
Brian G. Lloyd, Chief Legal Officer, received $1.2M in 2018, which increases by 1% compared to 2017.
Justin J. Lampropoulos, Executive Vice President, Sales, Marketing and Strategy, earned $905K in 2018, a 15% increase compared to previous year.
Bernard J. Birkett, Chief Financial Officer, received $870K in 2018, which decreases by 38% compared to 2017.
Raul Parra, Chief Financial Officer, earned $801K in 2018.

Related executives

Justin Lampropoulos

Merit Medical Systems

Executive Vice President, Sales, Marketing and Strategy

Fred Lampropoulos

Merit Medical Systems

Chief Executive Officer

Raul Parra

Merit Medical Systems

Chief Financial Officer

Ronald Frost

Merit Medical Systems

Chief Operating Officer

Joseph Wright

Merit Medical Systems

President, Merit International

Brian Lloyd

Merit Medical Systems

Chief Legal Officer

Bernard Birkett

Merit Medical Systems

Chief Financial Officer

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Source: SEC filing on May 27, 2020.