Wright Medical Group CEO Robert Palmisano's 2019 pay rises 15% to $7.3M
Wright Medical Group reports 2019 executive compensation
By ExecPay News
Published: September 18, 2020
Wright Medical Group reported fiscal year 2019 executive compensation information on September 18, 2020.
In 2019, five executives at Wright Medical Group received on average a compensation package of $2.9M, a 13% increase compared to previous year.
Average pay of disclosed executives at Wright Medical Group
Robert J. Palmisano, Chief Executive Officer, received $7.3M in total, which increased by 15% compared to 2018. 45% of Palmisano's compensation, or $3.3M, was in stock awards. Palmisano also received $1.2M in non-equity incentive plan, $1.7M in option awards, $957K in salary, as well as $223K in other compensation.
For fiscal year 2019, the median employee pay was $68,903 at Wright Medical Group. Therefore, the ratio of Robert J. Palmisano's pay to the median employee pay was 106 to one.
Lance A. Berry, Executive Vice President, Chief Financial and Operations Officer, received a compensation package of $2.4M, which increased by 31% compared to previous year. 41% of the compensation package, or $971K, was in stock awards.
Kevin D. Cordell, Executive Vice President, Chief Global Commercial Officer, earned $2.1M in 2019, a 29% increase compared to previous year.
James A. Lightman, General Counsel, received $1.6M in 2019, which increases by 14% compared to 2018.
Barry J. Regan, Senior Vice President, Operations, earned $1.3M in 2019.
Wright Medical Group's fiscal year ends on December 27.
Related executives
Kevin Cordell
Wright Medical Group
Executive Vice President, Chief Global Commercial Officer
James Lightman
Wright Medical Group
General Counsel
Barry Regan
Wright Medical Group
Senior Vice President, Operations
Robert Palmisano
Wright Medical Group
Chief Executive Officer
Lance Berry
Wright Medical Group
Executive Vice President, Chief Financial and Operations Officer
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Source: SEC filing on September 18, 2020.