Wright Medical Group CEO Robert Palmisano's 2018 pay jumps 24% to $6.4M

Wright Medical Group reports 2018 executive compensation

By ExecPay News

Published: September 18, 2020

Wright Medical Group reported fiscal year 2018 executive compensation information on September 18, 2020.
In 2018, six executives at Wright Medical Group received on average a compensation package of $2.6M, a 36% increase compared to previous year.
Average pay of disclosed executives at Wright Medical Group
Robert J. Palmisano, Chief Executive Officer, received $6.4M in total, which increased by 24% compared to 2017. 43% of Palmisano's compensation, or $2.7M, was in stock awards. Palmisano also received $1.1M in non-equity incentive plan, $1.4M in option awards, $957K in salary, as well as $221K in other compensation.
For fiscal year 2018, the median employee pay was $72,926 at Wright Medical Group. Therefore, the ratio of Robert J. Palmisano's pay to the median employee pay was 87 to one.
Peter S. Cooke, President, Emerging Markets, Australia and Japan, received a compensation package of $2.6M, which increased by 136% compared to previous year. 60% of the compensation package, or $1.5M, was in other compensation.
Andrew C. Morton, Chief Human Resources Officer, earned $1.9M in 2018.
Lance A. Berry, Executive Vice President, Chief Financial and Operations Officer, received $1.8M in 2018, which increases by 32% compared to 2017.
Kevin D. Cordell, Executive Vice President, Chief Global Commercial Officer, earned $1.6M in 2018, a 15% increase compared to previous year.
James A. Lightman, General Counsel, received $1.4M in 2018, which increases by 19% compared to 2017.
Wright Medical Group's fiscal year ends on December 27.

Related executives

James Lightman

Wright Medical Group

General Counsel

Robert Palmisano

Wright Medical Group

Chief Executive Officer

Lance Berry

Wright Medical Group

Executive Vice President, Chief Financial and Operations Officer

Peter Cooke

Wright Medical Group

President, Emerging Markets, Australia and Japan

Andrew Morton

Wright Medical Group

Chief Human Resources Officer

Kevin Cordell

Wright Medical Group

Executive Vice President, Chief Global Commercial Officer

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Source: SEC filing on September 18, 2020.