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Becton Dickinson vs Medtronic — CEO Pay Comparison

Geoff Martha (Medtronic) earns $4.0M more in total compensation than Tom Polen (Becton Dickinson).

MetricBecton DickinsonBDXMedtronicMDT
CEOTom PolenGeoff Martha
IndustryMedical DevicesMedical Devices
Total Compensation$8.0M$12.0M
Base Salary$800K$1.2M
Stock Awards$4.0M$6.0M
Option Awards$960K$1.4M
Non-Equity Incentive$1.2M$1.8M
Pay-for-Performance GradeB (70/100)B (69/100)
CEO-Worker Pay Ratio89:1133:1
Median Worker Pay$90K$90K
Say-on-Pay Approval95.5%96.3%
3yr Total Shareholder Return+3.1%+9.0%
Revenue$20.2B$32.4B
Market Cap$68.0B$110.0B
Employees75,00095,000

Analysis

Tom Polen (Becton Dickinson) earns $8.0M in total compensation, while Geoff Martha (Medtronic) earns $12.0M. That is a difference of $4.0M.

On pay-for-performance alignment, Becton Dickinson scores B (70/100) while Medtronic scores B (69/100). Becton Dickinson's CEO compensation is better aligned with company performance.

Becton Dickinson's CEO-to-worker pay ratio is 89:1 compared to Medtronic's 133:1. Shareholders approved CEO pay at 95.5% (Becton Dickinson) and 96.3% (Medtronic).