Michael Farrell
2020
In 2020, Michael Farrell earned a total compensation of $10.4M as Chief executive officer at ResMed, a 8% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,610,617 |
|---|---|
| Option Awards | $1,925,000 |
| Salary | $1,020,810 |
| Stock Awards | $5,775,000 |
| Other | $98,323 |
| Total | $10,429,750 |
Farrell received $5.8M in stock awards, accounting for 55% of the total pay in 2020.
Farrell also received $1.6M in non-equity incentive plan, $1.9M in option awards, $1M in salary and $98.3K in other compensation.
Rankings
In 2020, Michael Farrell's compensation ranked 786th out of 13,090 executives tracked by ExecPay. In other words, Farrell earned more than 94.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 786 out of 13,090 | 94th |
Division Manufacturing | 274 out of 5,624 | 95th |
Major group Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks | 32 out of 799 | 96th |
Industry group Surgical, Medical, And Dental Instruments And Supplies | 14 out of 495 | 97th |
Industry Surgical and Medical Instruments and Apparatus | 8 out of 313 | 97th |
Pay ratio
| Michael Farrell's Pay | $10,429,750 |
|---|---|
| Median Employee's Pay | $58,067 |
| Pay Ratio | 180to 1 |
In 2020, the annual total compensation of Michael Farrell was $10,429,750.
The annual total compensation of the median employee at ResMed was $58,067.
The ratio of Michael Farrell's pay to the pay of median employee was therefore 180 to one.
Source: SEC filing on October 6, 2020.
Farrell's colleagues
We found four more compensation records of executives who worked with Michael Farrell at ResMed in 2020.