Gary R. Maharaj
2019
In 2019, Gary R. Maharaj earned a total compensation of $2.3M as President and Chief Executive Officer at SurModics, a 4% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $392,448 |
|---|---|
| Option Awards | $825,000 |
| Salary | $567,531 |
| Stock Awards | $550,000 |
| Other | $8,650 |
| Total | $2,343,629 |
Maharaj received $825K in option awards, accounting for 35% of the total pay in 2019.
Maharaj also received $392.4K in non-equity incentive plan, $567.5K in salary, $550K in stock awards and $8.7K in other compensation.
Rankings
In 2019, Gary R. Maharaj's compensation ranked 5,141st out of 13,971 executives tracked by ExecPay. In other words, Maharaj earned more than 63.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 5,141 out of 13,971 | 63rd |
Division Manufacturing | 1,909 out of 5,701 | 67th |
Major group Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks | 260 out of 832 | 69th |
Industry group Surgical, Medical, And Dental Instruments And Supplies | 151 out of 535 | 72nd |
Industry Surgical and Medical Instruments and Apparatus | 90 out of 350 | 74th |
Pay ratio
| Gary R. Maharaj's Pay | $2,343,629 |
|---|---|
| Median Employee's Pay | $62,073 |
| Pay Ratio | 38to 1 |
In 2019, the annual total compensation of Gary R. Maharaj was $2,343,629.
The annual total compensation of the median employee at SurModics was $62,073.
The ratio of Gary R. Maharaj's pay to the pay of median employee was therefore 38 to one.
Source: SEC filing on December 23, 2019.
Maharaj's colleagues
We found four more compensation records of executives who worked with Gary R. Maharaj at SurModics in 2019.