A recently completed search for a Chief Executive Officer for a Midwest based medical device company presented the following executive compensation insights:
the Highlights:
- Title/Function: Chief Executive Officer
- Ownership Structure: Investor Backed
- Industry: Healthcare Equipment: Medical Device
- Location: Midwest, USA
As executive search consultants, a by-product of our expertise is creating a wealth of knowledge on executive compensation.
When we complete an assignment, we aggregate the compensation data we have collected across the search, and share it with the executive talent community from which it came. In this case, we conducted a CEO search for a growth-focused medical device company in the midwest.
To support our talent strategy, we focused on the target talent pool comprising those who either currently or in recent past roles held titles of CEO, Executive Director, and a host of related senior executive and C-Suite level roles.
Executive Compensation Survey Data - Chief Executive Officer, Midwest, Medical Device Industry
CEO Executive Compensation Survey tabular Data:
Base | Bonus | Total Comp | |
Average | 310,000 | 166,000 | 357,000 |
Median | 315,000 | 166,000 | 380,000 |
Bottom Quartile | 262,000 | 162,000 | 263,000 |
2nd Quartile | 315,000 | 166,000 | 380,000 |
3rd Quartile | 365,000 | 171,000 | 426,000 |
Top Quartile | 380,000 | 175,000 | 525,000 |
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