Medtronic CEO Omar Ishrak: A Good Deal?Medtronic CEO Omar Ishrak: A Good Deal?
Chris Newmarker
May 20, 2016
1 Min Read
Total Compensation: $15,272,615
Total Salary: $1,548,216
Previous Fiscal Year Compensation: $39,460,266
Percent Difference: -61%
The roughly $15.3 million is only two-fifths the nearly $38.5 million Ishrak received a year before, when the company provided Ishrak roughly $25 million to compensate him for special excise taxes incurred from Medtronic's $50 billion merger with Covidien. Considering that Medtronic now rivals Johnson & Johnson as the largest medical device company in the world, Ishrak coming in fifth on the list appears to be a good deal for the company. (Read the full Qmed story.)
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Image courtesy of Medtronic
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