Wright Medical Group CEO Robert Palmisano's 2018 pay jumps 24% to $6.4M
Wright Medical Group reports 2018 executive compensation
By ExecPay News
Published: September 18, 2020
Wright Medical Group reported fiscal year 2018 executive compensation information on September 18, 2020.
In 2018, six executives at Wright Medical Group received on average a compensation package of $2.6M, a 36% increase compared to previous year.
Average pay of disclosed executives at Wright Medical Group
Robert J. Palmisano, Chief Executive Officer, received $6.4M in total, which increased by 24% compared to 2017. 43% of Palmisano's compensation, or $2.7M, was in stock awards. Palmisano also received $1.1M in non-equity incentive plan, $1.4M in option awards, $957K in salary, as well as $221K in other compensation.
For fiscal year 2018, the median employee pay was $72,926 at Wright Medical Group. Therefore, the ratio of Robert J. Palmisano's pay to the median employee pay was 87 to one.
Peter S. Cooke, President, Emerging Markets, Australia and Japan, received a compensation package of $2.6M, which increased by 136% compared to previous year. 60% of the compensation package, or $1.5M, was in other compensation.
Andrew C. Morton, Chief Human Resources Officer, earned $1.9M in 2018.
Lance A. Berry, Executive Vice President, Chief Financial and Operations Officer, received $1.8M in 2018, which increases by 32% compared to 2017.
Kevin D. Cordell, Executive Vice President, Chief Global Commercial Officer, earned $1.6M in 2018, a 15% increase compared to previous year.
James A. Lightman, General Counsel, received $1.4M in 2018, which increases by 19% compared to 2017.
Wright Medical Group's fiscal year ends on December 27.
Related executives
James Lightman
Wright Medical Group
General Counsel
Robert Palmisano
Wright Medical Group
Chief Executive Officer
Lance Berry
Wright Medical Group
Executive Vice President, Chief Financial and Operations Officer
Peter Cooke
Wright Medical Group
President, Emerging Markets, Australia and Japan
Andrew Morton
Wright Medical Group
Chief Human Resources Officer
Kevin Cordell
Wright Medical Group
Executive Vice President, Chief Global Commercial Officer
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Source: SEC filing on September 18, 2020.