Alexander KarpAlexander Karp earned $1B in 2024

In 2022, Michael J. Farrell earned $1.35M in total compensation at ResMed, including $800.00K salary, $200.00K bonus and $250.00K in stock. Most recently sold 16,018 shares in Mar 2025. Currently holds stock worth $122.05M. Has donated $14.32M in stock to charitable causes. 6+ years at the helm of ResMed.

Compensation History

Annual executive compensation data for Michael J. Farrell, including salary, bonuses, and stock awards.

Year

2022

Total Compensation

$1.35M

Salary

$800.00K

Bonus

$200.00K

Other

$100.00K

Salary

$800.00K

Board Justification

The compensation philosophy emphasizes aligning CEO pay with long-term company performance, market competitiveness, and retention of key executives.

Bonus

$200.00K

Board Justification

The bonus is based on the achievement of specific performance metrics set by the Compensation Committee for the fiscal year 2022.

Other Compensation

$100.00K

Board Justification

Other compensation includes retirement contributions, insurance premiums, and other benefits provided to the CEO in 2022.

Restricted Stock

$250.00K5K common stock

Board Justification

5,000 shares of common stock vested in 2022 as part of the long-term incentive plan, which is tied to performance over a three-year period.

Performance Metrics

Performance metrics include revenue growth, operating income, and total shareholder return relative to peers.

R

Michael J. Farrell

CEO of ResMed

Field of Expertise

Healthcare & Life Sciences - Healthcare

Sector of Economy

Healthcare

CEO of ResMed for

6 years 5 months (Jul 2019 - Present)

Previous Experience

CEO of ResMed, Director of ResMed

Holdings

Track Michael J. Farrell's stock holdings and portfolio value over time.

Total Stock Sold

$86.21M

RMD

$86.21M

639,985 RMD shares

What if they kept their stock?

If Michael J. Farrell didn't sell their stock, today they would have:
Extra RMD639,985 shares worth $164.19M.
This is 90.44% and $77.98M more than what they got when they sold the stock.

Charitable Transactions

RMD

55,800 shares

RMD

Recent Charitable Transactions

RMD

2,000 shares

RMD

Nov 25, 2024

Charity

RMD

1,000 shares

RMD

Nov 10, 2022

Charity

RMD

3,880 shares

RMD

Nov 30, 2021

Charity

RMD

44,250 shares

RMD

Nov 16, 2021

Charity

RMD

1,370 shares

RMD

Nov 25, 2019

Charity

RMD

3,300 shares

RMD

Nov 16, 2018

Charity

Insider Trading

Michael J. Farrell's recent stock transactions, purchases, and sales filed with the SEC.

RMD

$3.67M

RMD at $229.20/share

Mar 7, 2025

Sale

RMD

$3.79M

RMD at $236.77/share

Feb 7, 2025

Sale

RMD

2,000 shares

RMD

Nov 25, 2024

Charity

RMD

$499.33K

RMD at $249.67/share

Nov 25, 2024

Sale

RMD

2,000 shares

RMD

Nov 25, 2024

Charity

RMD

$3.62M

RMD at $246.26/share

Nov 7, 2024

Sale

RMD

$3.41M

RMD at $231.91/share

Oct 7, 2024

Sale

RMD

$3.65M

RMD at $248.38/share

Sep 9, 2024

Sale

RMD

23,370 shares

RMD

Aug 16, 2024

Received

RMD

$3.15M

RMD at $214.25/share

Aug 7, 2024

Sale

Rivals

Compare Michael J. Farrell with competitor CEOs and industry peers.