Stryker CEO Kevin Lobo's 2018 pay slips 1% to $14M
Stryker reports 2018 executive compensation
By ExecPay News
Published: March 20, 2019
Stryker reported fiscal year 2018 executive compensation information on March 20, 2019.
In 2018, seven Stryker executives received on average a compensation package of $5.6M, a 7% decrease compared to previous year.
Average pay of disclosed executives at Stryker
Kevin A. Lobo, Chief Executive Officer, received $14M in total, which decreased by 1% compared to 2017. 36% of Lobo's compensation, or $5M, was in stock awards. Lobo also received $2.7M in non-equity incentive plan, $4.6M in option awards, $1.2M in salary, as well as $414K in other compensation.
For fiscal year 2018, the median employee pay was $68,841 at Stryker. Therefore, the ratio of Kevin A. Lobo's pay to the median employee pay was 202 to one.
Timothy J. Scannell, Chief Operating Officer, received a compensation package of $6.6M, which increased by 42% compared to previous year. 51% of the compensation package, or $3.4M, was in stock awards.
Viju S. Menon, Group President, earned $4.4M in 2018.
David K. Floyd, Chief Executive Officer, received $4.2M in 2018, which decreases by 2% compared to 2017.
Glenn S. Boehnlein, Chief Financial Officer, earned $3.8M in 2018, a 21% increase compared to previous year.
Lonny J. Carpenter, Chief Executive Officer, received $3.6M in 2018, which is about the same as previous year.
Michael D. Hutchinson, Chief Legal Officer, earned $2.3M in 2018.
Related executives
You may also like
Source: SEC filing on March 20, 2019.