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CEOPay

Medtronic MDT

CEO: Geoff Martha · Medical Devices · 95,000 employees

D
Pay-for-Performance
42/100
$20.2M
CEO Total Comp
255:1
CEO-Worker Ratio
65.0%
Say-on-Pay Vote
-26.6%
3yr TSR
$79K
Median Worker Pay

Compensation Breakdown

Salary$929K
Stock Awards$12.2M
Options$5.2M
Non-Equity Incentive$1.8M
Other$103K

Compensation History

YearSalaryBonusStock AwardsOptionsNon-EquityOtherTotal
2025$929K$12.2M$5.2M$1.8M$103K$20.2M
2024$910K$8.9M$2.2M$4.5M$26K$16.6M
2023$891K$279K$11.6M$4.7M$4.4M$125K$22.0M
2022$873K$288K$11.7M$4.0M$2.5M$181K$19.6M

All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.

Named Executive Officers

Peer CEO Compensation

Frequently Asked Questions

Geoff Martha, CEO of Medtronic (MDT), earns $20.2M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.

Medtronic has a Pay-for-Performance Score of D (42/100). The company's 3-year total shareholder return is -26.6%, and the say-on-pay shareholder vote passed with 65.0% approval.

The CEO-to-median-worker pay ratio at Medtronic is 255:1. The median worker at Medtronic earns $79K per year, while CEO Geoff Martha earns $20.2M in total compensation.

Medtronic employs approximately 95,000 people. The company operates in the Medical Devices industry within the Healthcare sector, generating $32.4B in annual revenue.

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