Benson F. Smith has been the CEO of Teleflex Incorporated since January 2011, after stepping in following the resignation of the previous CEO. With over 25 years in the medical device industry at C.R. Bard, where he served in various...

Benson F. Smith has been the CEO of Teleflex Incorporated since January 2011, after stepping in following the resignation of the previous CEO. With over 25 years in the medical device industry at C.R. Bard, where he served in various executive roles, Smith brings serious experience to the table. He was the President and COO at Bard from 1994 to 1998. His business skills extend beyond Teleflex as he also manages BFS & Associates LLC, focusing on strategic planning and investments. Benson has seen his total compensation grow from about $4.1 million in 2011 to over $6 million in 2016, indicating a positive trajectory in his leadership. One notable fact is his substantial insider trading activities, with reported values peaking at nearly $29.3 million in September 2019. These trades show a high level of confidence in the company’s performance and future potential. Smith has also maintained a strong stock ownership value, significantly exceeding the required amount outlined by the company's guidelines. It’s clear he is not just a figurehead but is deeply involved in both the strategy and growth of Teleflex.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Teleflex CEOs

T

Benson F. Smith

CEO of Teleflex

Education

Bachelor's degree from the University of Rochester and an MBA from the University of Chicago.

Field of Expertise

Business & Management

Sector of Economy

Healthcare

Born

September 10, 1947 - 77 years ago

CEO of Teleflex for

14 years 3 months (Jan 2011 - Present)

Previous Experience

Managing partner for Sales Research Group and CEO of BFS & Associates LLC. Former President and COO of C.R. Bard.

Rivals

Competitors/colleagues of Benson F. Smith

Holdings

See how much did Benson F. Smith make over time.

Benson F. Smith’s insider trading is quite noteworthy. His reported trading values ranged from $29.3 million in September 2019 down to about $9.1 million as of October 2023. This reflects a significant liquidity and confidence in his holdings over the...

Benson F. Smith’s insider trading is quite noteworthy. His reported trading values ranged from $29.3 million in September 2019 down to about $9.1 million as of October 2023. This reflects a significant liquidity and confidence in his holdings over the years. The peak in 2019 suggests there may have been substantial stock performance or personal financial decisions at play. It is interesting to note that during this period, his holdings showed considerable fluctuations, with the stock value achieving robust levels. At some points, he had most of his wealth tied directly to Teleflex, showcasing his commitment. Right now, he maintains a strong profile around the $9 million mark, indicating both a commitment to the company and a balanced approach to personal investments.

Total Stock Sold

$65.11M

TFX

$65.11M

224,414 TFX shares

What if they kept their stock?

If Benson F. Smith didn't sell their stock, today they would have:
Extra TFX224,414 shares worth $76.37M.
This is 17.29% and $11.26M more than what they got when they sold the stock.

Charitable Transactions

TFX

28,550 shares

TFX

Recent Charitable Transactions

TFX

28,550 shares

TFX

Sep 20, 2019

Charity

Insider Trading

See recent insider trades of Benson F. Smith.

TFX

$2.93M

TFX at $345.77/share

Nov 4, 2019

Sale

TFX

$5.78M

TFX at $340.14/share

Oct 31, 2019

Sale

TFX

$2.89M

TFX at $340.00/share

Sep 23, 2019

Sale

TFX

28,550 shares

TFX

Sep 20, 2019

Charity

TFX

28,550 shares

TFX

Sep 20, 2019

Charity

TFX

$2.83M

TFX at $332.44/share

Jul 17, 2019

Sale

TFX

$2.82M

TFX at $332.07/share

Jul 3, 2019

Sale

TFX

$2.81M

TFX at $330.84/share

Jun 19, 2019

Sale

TFX

$2.51M

TFX at $295.48/share

Jun 5, 2019

Sale

TFX

$2.51M

TFX at $294.71/share

May 22, 2019

Sale

Compensation History

See how much did Benson F. Smith make over time.

Benson F. Smith’s compensation grew significantly over his tenure at Teleflex. In 2011, he received about $4.1 million, which included a one-time signing bonus of $100,000 when he stepped in as CEO. By 2016, his total compensation exceeded $6 million. His salary increased each year, demonstrating the company's trust in his leadership capabilities. Additionally, he has been awarded stock options and restricted shares as part of his equity incentives, which vest over several years. This aligns his interests closely with those of stockholders, incentivizing him to enhance the company’s performance continuously. His strategic decisions are reflected in his compensation structure, which focuses on long-term performance. Overall, his pay package is quite competitive within the industry and indicates strong alignment with company performance metrics, all key for sustaining growth in a competitive market.

Year

2016

Total Compensation

$2.23M

Salary

$916.81K

Board Justification

The compensation program is designed to attract and retain highly-skilled executives, align their interests with those of stockholders, and provide incentives for performance and retention.

Bonus

$0.00

Board Justification

No bonus was awarded in 2016.

Other

$288.46K

Board Justification

Includes contributions to the 401(k) plan, life insurance premiums, and perquisites such as personal use of corporate aircraft and automobile allowance.

Restricted Stock

$1.03M(7.94K RSU)

Board Justification

Restricted stock units granted in March 2016, which vested on the third anniversary of the grant date.

Performance Metrics

The performance metrics for 2016 included corporate revenue, EPS, cash flow, and individual performance objectives.

Other Teleflex CEOs

Here are other CEOs of Teleflex

Jeffrey P. Black

Ex-CEO of Teleflex

January 2002 - January 2011