Merit Medical Systems CEO Fred Lampropoulos' 2019 pay jumps 37% to $5M
Merit Medical Systems reports 2019 executive compensation
By ExecPay News
Published: May 27, 2020
Merit Medical Systems reported fiscal year 2019 executive compensation information on May 27, 2020.
In 2019, five executives at Merit Medical Systems received on average a compensation package of $2M, a 41% increase compared to previous year.
Average pay of disclosed executives at Merit Medical Systems
Fred P. Lampropoulos, Chief Executive Officer, received $5M in total, which increased by 37% compared to 2018. 60% of Lampropoulos' compensation, or $3M, was in stock awards. Lampropoulos also received $1.8M in salary and $237K in other compensation.
Joseph C. Wright, President, Merit International, received a compensation package of $1.5M, which increased by 17% compared to previous year. 39% of the compensation package, or $567K, was in stock awards.
Ronald A. Frost, Chief Operating Officer, earned $1.2M in 2019, a 10% decrease compared to previous year.
Justin J. Lampropoulos, Executive Vice President, Sales, Marketing and Strategy, received $1.2M in 2019, which increases by 34% compared to 2018.
Raul Parra, Chief Financial Officer, earned $1.2M in 2019, a 46% increase compared to previous year.
Related executives
Fred Lampropoulos
Merit Medical Systems
Chief Executive Officer
Raul Parra
Merit Medical Systems
Chief Financial Officer
Ronald Frost
Merit Medical Systems
Chief Operating Officer
Joseph Wright
Merit Medical Systems
President, Merit International
Justin Lampropoulos
Merit Medical Systems
Executive Vice President, Sales, Marketing and Strategy
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Source: SEC filing on May 27, 2020.