BSG Executive Search Blog

Executive Compensation Survey: CEO, Midwest USA, Medical Device Industry

Written by Clark Waterfall | Aug 5, 2020 8:32:10 PM

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/FunctionChief 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

 

Interested in more executive compensation highlights? Review our findings here and sign up for updates as we release new findings.