George A. Lopez, M.D. is the former CEO and founder of ICU Medical, Inc., a company specializing in medical devices. He has a background in medicine, holding an M.D. from a well-known medical school. Dr. Lopez has been significantly involved...

George A. Lopez, M.D. is the former CEO and founder of ICU Medical, Inc., a company specializing in medical devices. He has a background in medicine, holding an M.D. from a well-known medical school. Dr. Lopez has been significantly involved with ICU Medical since its inception in 1984. He served as the CEO until October 2013, at which point he transitioned to Chairman of the Board. One interesting point is that in 2012, his total compensation peaked at about $3.19 million, showcasing how well he aligned his pay with the company's performance metrics like revenue and operating income. Over the years, he received substantial performance bonuses that were directly tied to the success of the company. In his career at ICU, Dr. Lopez not only focused on growth but also on innovative products that impacted patient care. In 2015, he left his day-to-day role but maintained a position on the board, indicating his long-term commitment to the company. Dr. Lopez was known for holding a large stake in the company, owning approximately 23.7% of shares, which reflects his belief in the company’s mission and potential. His tenure has been marked by significant growth and changes within the healthcare sector, positioning ICU Medical as a key player in the medical device industry.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

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George A. Lopez, M.D.

Ex-CEO of ICU Medical

Field of Expertise

Healthcare & Life Sciences - Medicine

Sector of Economy

Healthcare

CEO of ICU Medical for

3 years 9 months (Jan 2010 - Nov 2013)

Previous Experience

Unknown

Rivals

Competitors/colleagues of George A. Lopez, M.D.

Holdings

See how much did George A. Lopez, M.D. make over time.

Dr. George A. Lopez has held a substantial amount of stock in ICU Medical over his career. At one point, his holdings reached around 3.9 million shares, which represented about 23.7% of the company's shares. This significant ownership reflects his...

Dr. George A. Lopez has held a substantial amount of stock in ICU Medical over his career. At one point, his holdings reached around 3.9 million shares, which represented about 23.7% of the company's shares. This significant ownership reflects his commitment to the company's mission. Throughout various years, his wealth fluctuated, particularly peaking during his role as CEO when his stake was notably valuable. In the 2010s, the company thrived, enhancing the value of his holdings. His investments remained strong even after stepping down from the CEO role, indicating a lasting relationship with the company's future.

Total Stock Sold

$210.97M

ICUI

$210.97M

2,159,151 ICUI shares

What if they kept their stock?

If George A. Lopez, M.D. didn't sell their stock, today they would have:
Extra ICUI2,159,151 shares worth $434.92M.
This is 106.15% and $223.95M more than what they got when they sold the stock.

Charitable Transactions

ICUI

157,402 shares

ICUI

Recent Charitable Transactions

ICUI

94,500 shares

ICUI

Aug 13, 2020

Charity

ICUI

4,950 shares

ICUI

Jun 8, 2020

Charity

ICUI

9,100 shares

ICUI

Dec 19, 2019

Charity

ICUI

13,784 shares

ICUI

Dec 18, 2018

Charity

ICUI

68 shares

ICUI

May 31, 2018

Charity

ICUI

23,000 shares

ICUI

Dec 27, 2017

Charity

Insider Trading

See recent insider trades of George A. Lopez, M.D..

ICUI

$812.74K

ICUI at $101.87/share

Mar 14, 2024

Sale

ICUI

$350.97K

ICUI at $102.86/share

Mar 11, 2024

Sale

ICUI

$154.50K

ICUI at $101.51/share

Mar 12, 2024

Sale

ICUI

$4.39M

ICUI at $106.17/share

Mar 4, 2024

Sale

ICUI

$4.47M

ICUI at $172.99/share

May 12, 2022

Purchase

ICUI

$5.35M

ICUI at $213.83/share

Apr 22, 2021

Sale

ICUI

$5.24M

ICUI at $209.44/share

Apr 15, 2021

Sale

ICUI

$5.12M

ICUI at $204.66/share

Apr 8, 2021

Sale

ICUI

$5.17M

ICUI at $206.67/share

Apr 1, 2021

Sale

ICUI

$7.79M

ICUI at $194.65/share

Nov 11, 2020

Sale

Compensation History

See how much did George A. Lopez, M.D. make over time.

During his time as CEO at ICU Medical, Dr. Lopez's compensation varied significantly, peaking at $3.19 million in 2012. His pay structure included a base salary, performance bonuses, and stock awards that were tied directly to the company’s financial metrics such as total revenue and operating income. His bonus in 2012 reached $891,379 due to meeting performance targets. However, in later years, particularly after 2013, his compensation changed as he transitioned from CEO to Chairman of the Board, with a base salary reduction to $350,000 per year. This restructuring reflects ICU Medical's philosophy to align executive compensation with company performance, maintaining an incentive for successful leadership.

Year

2013

Total Compensation

$1.48M

Salary

$710.80K

Board Justification

The compensation philosophy aims to align executive compensation with company performance, using a mix of base salary, performance-based bonuses, and equity awards to attract and retain talent while promoting shareholder value.

Bonus

$207.32K

Board Justification

The bonus was based on the achievement of performance metrics including total revenue, operating income, and diluted earnings per share, accounting for 100% of Dr. Lopez's annual bonus award.

Other

$207.32K

Board Justification

Other compensation includes the company's match on Dr. Lopez's 401(k) contributions.

Restricted Stock

$350.51K(6.9K PRSUs)

Board Justification

The PRSUs granted were based on a one-year performance period measured against a total shareholder return (TSR) relative to peer companies, but no awards were earned as the TSR was below the threshold.

Performance Metrics

The performance metrics included total revenue, operating income (excluding MDET), and diluted earnings per share (excluding MDET).