CEO total pay
$21,401,495
Kevin A. Lobo · 2025
Say on pay
Not disclosed
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CEO pay ratio
Not in CD&A
Item 402(u) section may live outside the CD&A
Compensation committee
CD&ACompensation and Human Capital Committee
Per the latest proxy
Filings indexed: 2 · 2026 · 2025
Executive pay
What did they pay them?
From the Summary Compensation Table. Pay mix and YoY are computed from these rows.
| Executive | Role | TotalYoY | Pay mix | Salary | Stock | Cash incentive | Other |
|---|---|---|---|---|---|---|---|
Kevin A. Lobo2025 compensation | Chair, Chief Executive Officer and President | $21,401,495↓ 3% | 88% at-risk | $1,491,667 | $9,764,136 | $2,250,000 | $974,911 |
Glenn S. Boehnlein2025 compensation | Advisor to the Chief Executive Officer and Former Vice President, Chief Financial Officer | $1,893,046↓ 74% | 42% at-risk | $800,000 | — | $800,000 | $293,046 |
Spencer S. Stiles2025 compensation | Group President Orthopaedics | $6,328,959↓ 6% | 85% at-risk | $792,500 | $2,685,078 | $760,000 | $188,081 |
J. Andrew Pierce2025 compensation | Group President | $6,323,107↓ 6% | 84% at-risk | $792,500 | $2,685,078 | $754,148 | $188,081 |
Preston W. Wells2025 compensation | Vice President, Chief | $4,410,422 | 83% at-risk | $653,431 | $1,841,377 | $514,558 | $103,339 |
Viju S. Menon2025 compensation | Group President | $4,235,809↓ 8% | 80% at-risk | $675,000 | $1,647,444 | $578,000 | $167,476 |
Pay mix: base cash incentive equity other
CD&A excerpt
Compensation discussion & analysis
Opening passage of the loaded filing's CD&A. Use Ask below to query the full text with citations.
Read the full CD&A on SEC.gov ↗
Governance
Policy guardrails
compensation consultant
independent
“independent compensation consultant and make adjustments as deemed appropriate by the Compensation”
compensation committee
Compensation and Human Capital Committee
“performance was adversely impacted by tariffs in 2025, the Compensation and Human Capital Committee did not make any”
Performance markers
Metric facts
revenue
200%
“performance period. The payout related to the 2023 grant of performance stock units, which is discussed under "2023 Performance Stock Units: Results for the 2023-2025 Performance Period" beginning on page 27, was 200% of…”
operating income
100%
“in profitable, sustained business performance over the long term and be reflected in stock price increases over time. The bonus payout for our NEOs for 2025 averaged 100% of target as a result of performance that general…”
annual incentive payout
100%
“averaged 100% of target as a result of performance that generally achieved the target goals for all of the core bonus plan”
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