In 2019, Timothy R. Wright earned $6.86M in total compensation at MiMedx Group, including $447.12K salary, $1.22M bonus and $5.17M in stock. Most recently sold 112,000 shares in Jun 2022. Currently holds stock worth $11.86M.
Compensation History
Annual executive compensation data for Timothy R. Wright, including salary, bonuses, and stock awards.
Year
2019
Total Compensation
$6.86M
Salary
$447.12K
Bonus
$1.22M
Other
$27.24K
Salary
$447.12KBoard Justification
The compensation philosophy is based on attracting and retaining highly-qualified executives while aligning their interests with those of shareholders.
Bonus
$1.22MBoard Justification
Discretionary bonus in lieu of target MIP bonus for 2019, reflecting extraordinary efforts during the year.
Other Compensation
$27.24KBoard Justification
Includes commuting expenses, tax gross-up on commuting expenses, and 401(k) match.
Restricted Stock
Board Justification
Restricted stock granted upon appointment as CEO, vesting pro rata annually over three years, with an approximate value of $3,375,000 as of the grant date.
Performance Metrics
The performance metrics for determining the compensation included individual performance and company performance relative to strategic goals.
Timothy R. Wright
Ex-CEO of MiMedx Group
Education
Bachelor's of Science in Marketing from The Ohio State University.
Field of Expertise
Healthcare & Life Sciences - Healthcare
Sector of Economy
Healthcare
Born
January 1, 1958 - 67 years ago
CEO of MiMedx Group for
0 years 10 months (May 2019 - Mar 2020)
Previous Experience
Partner at Signal Hill Advisors; President and CEO of M2Gen Corp; Executive Vice President for Teva Pharmaceutical Industries Ltd.
Holdings
Track Timothy R. Wright's stock holdings and portfolio value over time.
Total Stock Sold
$1.97M
$1.97M
320,568 MDXG shares
What if they kept their stock?
If Timothy R. Wright didn't sell their stock, today they would have:
Extra MDXG320,568 shares worth $2.22M.
This is 12.49% and $246.67K more than what they got when they sold the stock.
Insider Trading
Timothy R. Wright's recent stock transactions, purchases, and sales filed with the SEC.
$420.00K
MDXG at $3.75/share
Jun 9, 2022
Sale
$2.78M
MDXG at $4.62/share
Apr 8, 2022
Received
$221.62K
MDXG at $4.86/share
Mar 8, 2022
Sale
$263.07K
MDXG at $4.31/share
Feb 23, 2022
Sale
101,957 shares
MDXG
Jun 8, 2021
Sale
335,153 shares
MDXG
Mar 4, 2021
Received
572,033 shares
MDXG
Aug 5, 2020
Received
$3.37M
MDXG at $4.95/share
Jun 7, 2019
Received
Rivals
Compare Timothy R. Wright with competitor CEOs and industry peers.