In 2022, David M. Demski earned $564.40K in total compensation at Globus Medical, including $513.45K salary and $30.04K bonus. Most recently sold 265,522 shares in Apr 2021. Currently holds stock worth $7.14M. Has donated $8.20M in stock to charitable causes. Led Globus Medical as CEO for 4 years.
Compensation History
Annual executive compensation data for David M. Demski, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$564.40K
Salary
$513.45K
Bonus
$30.04K
Other
$20.91K
Salary
$513.45KBoard Justification
The compensation philosophy is designed to attract and retain talented leaders, aligning executive compensation with company performance and shareholder interests.
Bonus
$30.04KBoard Justification
The bonus is based on individual and company performance metrics, specifically tied to revenue goals for 2022.
Other Compensation
$20.91KBoard Justification
Other compensation includes benefits such as health insurance, retirement contributions, and car allowance.
Restricted Stock
Board Justification
No stock awards vested in 2022 as the focus was on performance-based compensation.
Performance Metrics
The primary performance metric for 2022 was revenue achievement against a target of $1,050 million.
David M. Demski
Ex-CEO of Globus Medical
Education
B.S. in Business Administration from the University of Michigan, M.B.A. from Stanford Graduate School of Business
Field of Expertise
Business & Management
Sector of Economy
Healthcare
Born
January 1, 1964 - 61 years ago
CEO of Globus Medical for
4 years 7 months (Aug 2017 - Apr 2022)
Previous Experience
President and Chief Operating Officer from August 2008 until September 2015, Chief Financial Officer from 2003 until August 2008.
Holdings
Track David M. Demski's stock holdings and portfolio value over time.
Total Stock Sold
$98.61M
$98.61M
2,169,547 GMED shares
What if they kept their stock?
If David M. Demski didn't sell their stock, today they would have:
Extra GMED2,169,547 shares worth $197.65M.
This is 100.44% and $99.04M more than what they got when they sold the stock.
Charitable Transactions
90,000 shares
GMED
Recent Charitable Transactions
40,000 shares
GMED
Aug 22, 2013
Charity
50,000 shares
GMED
Dec 27, 2012
Charity
Insider Trading
David M. Demski's recent stock transactions, purchases, and sales filed with the SEC.
$19.00M
GMED at $71.55/share
Apr 23, 2021
Sale
$13.94M
GMED at $64.20/share
Dec 16, 2020
Sale
$18.55M
GMED at $56.23/share
Aug 6, 2020
Sale
$18.55M
GMED at $56.23/share
Aug 6, 2020
Sale
$7.60M
GMED at $51.00/share
Apr 18, 2018
Sale
$2.60M
GMED at $51.00/share
Apr 12, 2018
Sale
$845.26K
GMED at $26.00/share
Feb 26, 2015
Sale
$7.11M
GMED at $26.22/share
Mar 6, 2014
Sale
$1.99M
GMED at $20.51/share
Jan 15, 2014
Sale
$64.54K
GMED at $20.25/share
Dec 31, 2013
Sale
Rivals
Compare David M. Demski with competitor CEOs and industry peers.