Zimmer Biomet Holdings CEO Bryan Hanson's 2021 pay rises 15% to $15M
Zimmer Biomet Holdings reports 2021 executive compensation
By ExecPay News
Published: March 29, 2022
Zimmer Biomet Holdings reported fiscal year 2021 executive compensation information on March 29, 2022.
In 2021, five executives at Zimmer Biomet Holdings received on average a compensation package of $6.4M, a 19% increase compared to previous year.
Average pay of disclosed executives at Zimmer Biomet Holdings
Bryan C. Hanson, Chief Executive Officer, received $15M in total, which increased by 15% compared to 2020. 39% of Hanson's compensation, or $5.8M, was in stock awards. Hanson also received $1.8M in non-equity incentive plan, $5.8M in option awards, $1.2M in salary, as well as $316K in other compensation.
For fiscal year 2021, the median employee pay was $63,981 at Zimmer Biomet Holdings. Therefore, the ratio of Bryan C. Hanson's pay to the median employee pay was 234 to one.
Ivan Tornos, Chief Operating Officer, received a compensation package of $4.9M, which increased by 18% compared to previous year. 33% of the compensation package, or $1.6M, was in stock awards.
Suketu Upadhyay, Chief Financial Officer, earned $4.6M in 2021, a 19% increase compared to previous year.
Wilfred van Zuilen, President, EMEA, received $4.1M in 2021.
Sang Yi, President, APAC, earned $3.4M in 2021, a 20% increase compared to previous year.
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Source: SEC filing on March 29, 2022.