In 2020, Omar Ishrak earned $6.49M in total compensation at Medtronic, including $1.74M salary and $4.67M in stock. Most recently acquired 86 shares in Jan 2023. Currently holds stock worth $120.62M. Has donated $8.73M in stock to charitable causes. Led Medtronic as CEO for 8 years.
Compensation History
Annual executive compensation data for Omar Ishrak, including salary, bonuses, and stock awards.
Year
2020
Total Compensation
$6.49M
Salary
$1.74M
Bonus
$0.00
Other
$79.52K
Salary
$1.74MBoard Justification
The compensation philosophy emphasizes market competitiveness, alignment with shareholder interests, and pay-for-performance principles.
Bonus
$0.00Board Justification
No annual cash incentive payout due to the impact of the COVID-19 pandemic.
Other Compensation
$79.52KBoard Justification
Includes business allowance and other personal benefits.
Restricted Stock
Board Justification
The value of vested stock awards based on performance metrics achieved during the fiscal year 2020.
Performance Metrics
Compensation is based on the achievement of annual and long-term performance goals, including revenue growth and earnings per share.
Omar Ishrak
Ex-CEO of Medtronic
Education
N/A
Field of Expertise
Healthcare & Life Sciences - Healthcare
Sector of Economy
Healthcare
Born
January 1, 1961 - 64 years ago
CEO of Medtronic for
8 years 11 months (Apr 2011 - Apr 2020)
Previous Experience
President and CEO of GE Healthcare Systems
Holdings
Track Omar Ishrak's stock holdings and portfolio value over time.
Total Stock Sold
$30.95M
$30.95M
381,894 MDT shares
What if they kept their stock?
If Omar Ishrak didn't sell their stock, today they would have:
Extra MDT381,894 shares worth $38.71M.
This is 25.05% and $7.75M more than what they got when they sold the stock.
Charitable Transactions
86,115 shares
MDT
Recent Charitable Transactions
8,650 shares
MDT
Oct 15, 2020
Charity
5,900 shares
MDT
Oct 9, 2020
Charity
22,508 shares
MDT
Jun 30, 2020
Charity
18,182 shares
MDT
Dec 3, 2019
Charity
4,100 shares
MDT
Oct 7, 2019
Charity
10,000 shares
MDT
Sep 14, 2018
Charity
Insider Trading
Omar Ishrak's recent stock transactions, purchases, and sales filed with the SEC.
$2.41K
INTC at $28.05/share
Jan 30, 2023
Purchase
$497.32K
INTC at $45.11/share
Feb 22, 2022
Purchase
$960.42K
INTC at $48.02/share
Oct 28, 2021
Purchase
8,650 shares
MDT
Oct 15, 2020
Charity
8,650 shares
MDT
Oct 15, 2020
Charity
5,900 shares
MDT
Oct 9, 2020
Charity
5,900 shares
MDT
Oct 9, 2020
Charity
$82.71K
MDT at $108.40/share
Oct 9, 2020
Sale
22,508 shares
MDT
Jun 30, 2020
Charity
22,508 shares
MDT
Jun 30, 2020
Charity
Rivals
Compare Omar Ishrak with competitor CEOs and industry peers.
Kevin Sayer
CEO of DexCom
2023 Compensation
Stock
$13.51M
Salary
$1.09M
Bonus
$1.99M
Other
$143.54K
Total Holdings
$26.32M
Joaquin Duato
CEO of Johnson & Johnson
2024 Compensation
Stock
$7.13M
Salary
$1.60M
Bonus
$3.22M
Other
$1.08M
Total Holdings
$1.09M
Kevin A. Lobo
CEO of Stryker
2024 Compensation
Stock
$13.66M
Salary
$1.44M
Bonus
$2.94M
Other
$897.87K
Total Holdings
$106.99M
Robert B. Ford
CEO of Abbott
2024 Compensation
Stock
$8.57M
Salary
$1.50M
Bonus
$2.86M
Other
$619.00K
Total Holdings
$23.06M
Marc N. Casper
CEO of Thermo Fisher Scientific
2024 Compensation
Stock
$0.00
Salary
$1.74M
Bonus
$5.51M
Other
$537.49K
Total Holdings
$1.17B
Gary S. Guthart
CEO of Intuitive Surgical
2022 Compensation
Stock
$5.79M
Salary
$873.08K
Bonus
$1.36M
Other
$1.50K
Total Holdings
$11.23M