Merit Medical Systems CEO Fred Lampropoulos' 2018 pay slips 15% to $3.7M
Merit Medical Systems reports 2018 executive compensation
By ExecPay News
Published: May 27, 2020
Merit Medical Systems reported fiscal year 2018 executive compensation information on May 27, 2020.
In 2018, seven executives at Merit Medical Systems received on average a compensation package of $1.4M, a 11% decrease compared to previous year.
Fred P. Lampropoulos, Chief Executive Officer, received $3.7M in total, which decreased by 15% compared to 2017. 46% of Lampropoulos' compensation, or $1.7M, was in salary. Lampropoulos also received $1.3M in non-equity incentive plan, $588K in stock awards, as well as $93K in other compensation.
Ronald A. Frost, Chief Operating Officer, received a compensation package of $1.4M, which increased by 26% compared to previous year. 45% of the compensation package, or $619K, was in stock awards.
Joseph C. Wright, President, Merit International, earned $1.2M in 2018, a 32% increase compared to previous year.
Brian G. Lloyd, Chief Legal Officer, received $1.2M in 2018, which increases by 1% compared to 2017.
Justin J. Lampropoulos, Executive Vice President, Sales, Marketing and Strategy, earned $905K in 2018, a 15% increase compared to previous year.
Bernard J. Birkett, Chief Financial Officer, received $870K in 2018, which decreases by 38% compared to 2017.
Raul Parra, Chief Financial Officer, earned $801K in 2018.
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