Joe Kiani
2020
In 2020, Joe Kiani earned a total compensation of $15.5M as Chief Executive Officer & Chairman of the Board at Masimo, a 3% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,657,764 |
|---|---|
| Option Awards | $2,999,999 |
| Salary | $1,142,392 |
| Stock Awards | $8,999,887 |
| Other | $693,681 |
| Total | $15,493,723 |
Kiani received $9M in stock awards, accounting for 58% of the total pay in 2020.
Kiani also received $1.7M in non-equity incentive plan, $3M in option awards, $1.1M in salary and $693.7K in other compensation.
Rankings
In 2020, Joe Kiani's compensation ranked 379th out of 13,090 executives tracked by ExecPay. In other words, Kiani earned more than 97.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 379 out of 13,090 | 97th |
Division Manufacturing | 133 out of 5,624 | 98th |
Major group Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks | 11 out of 799 | 99th |
Industry group Surgical, Medical, And Dental Instruments And Supplies | 6 out of 495 | 99th |
Industry Electromedical and Electrotherapeutic Apparatus | 1 out of 85 | 99th |
Pay ratio
| Joe Kiani's Pay | $15,493,723 |
|---|---|
| Median Employee's Pay | $102,348 |
| Pay Ratio | 151to 1 |
In 2020, the annual total compensation of Joe Kiani was $15,493,723.
The annual total compensation of the median employee at Masimo was $102,348.
The ratio of Joe Kiani's pay to the pay of median employee was therefore 151 to one.
Source: SEC filing on April 15, 2021.
Kiani's colleagues
We found four more compensation records of executives who worked with Joe Kiani at Masimo in 2020.