ABIOMED CEO Michael Minogue's 2019 pay jumps 87% to $19M
ABIOMED reports 2019 executive compensation
By ExecPay News
Published: June 25, 2019
ABIOMED reported fiscal year 2019 executive compensation information on June 25, 2019.
In 2019, six ABIOMED executives received on average a compensation package of $5.7M, a 86% increase compared to previous year.
Michael R. Minogue, Chief Executive Officer, received $19M in total, which increased by 87% compared to 2018. 66% of Minogue's compensation, or $13M, was in stock awards. Minogue also received $1.6M in non-equity incentive plan, $4.3M in option awards, $753K in salary, as well as $8.8K in other compensation.
For fiscal year 2019, the median employee pay was $115,794 at ABIOMED. Therefore, the ratio of Michael R. Minogue's pay to the median employee pay was 166 to one.
David M. Weber, Chief Operating Officer, received a compensation package of $4.4M, which increased by 102% compared to previous year. 60% of the compensation package, or $2.6M, was in stock awards.
Todd A. Trapp, Chief Financial Officer, earned $3.2M in 2019.
Michael G. Howley, Vice President and General Manager, Global Sales, received $2.9M in 2019, which increases by 48% compared to 2018.
Andrew J. Greenfield, Vice President and General Manager, Global Marketing, earned $2.9M in 2019.
Ian McLeod, Chief Financial Officer, received $1.5M in 2019, which increases by 56% compared to 2018.
ABIOMED's fiscal year ends on March 31.
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