Sundar PichaiSundar Pichai earned $164M in 2023

Kevin A. Lobo has been the CEO of Stryker Corporation since October 2012, bringing with him over 25 years of experience in the medical technology field. Before joining Stryker, he held significant roles at Johnson & Johnson, including running a...

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Kevin A. Lobo

CEO of Stryker

Education

N/A

Field of Expertise

Business & Management

Sector of Economy

Healthcare

Born

August 1, 1965 - 59 years ago

CEO of Stryker for

12 years 8 months (Oct 2012 - Present)

Previous Experience

President of Johnson & Johnson's Ethicon Endo-Surgery subsidiary, held finance positions at KPMG, Unilever Canada, and Kraft Canada.

Holdings

See how much did Kevin A. Lobo make over time.

As of March 2024, Kevin Lobo directly owned approximately 100,000 shares of Stryker Corporation, valued at over $42 million. This significant ownership reflects his belief in the company's direction and aligns his interests with those of shareholders. Over the years,...

Total Stock Sold

$114.69M

SYK

$114.69M

488,016 SYK shares

What if they kept their stock?

If Kevin A. Lobo didn't sell their stock, today they would have:
Extra SYK488,016 shares worth $96.67M.
This is -15.72% and $18.03M less than what they got when they sold the stock.

Charitable Transactions

SYK

37,322 shares

SYK

Recent Charitable Transactions

SYK

8,904 shares

SYK

Jun 9, 2023

Charity

SYK

8,904 shares

SYK

Jun 5, 2023

Charity

SYK

19,514 shares

SYK

Mar 21, 2021

Charity

Insider Trading

See recent insider trades of Kevin A. Lobo.

SYK

89,014 shares

SYK

Mar 10, 2025

Received

SYK

$21.13M

SYK at $368.76/share

Nov 7, 2024

Sale

SYK

37,773 shares

SYK

Mar 11, 2024

Received

SYK

$16.30M

SYK at $288.67/share

Nov 17, 2023

Sale

PH

453 shares

PH

Oct 25, 2023

Received

SYK

8,904 shares

SYK

Jun 9, 2023

Charity

SYK

8,904 shares

SYK

Jun 5, 2023

Charity

SYK

17,971 shares

SYK

Mar 7, 2023

Received

SYK

$16.12M

SYK at $239.79/share

Dec 2, 2022

Sale

PH

653 shares

PH

Oct 26, 2022

Received

Compensation History

See how much did Kevin A. Lobo make over time.

In 2023, Kevin Lobo’s total compensation reached about $20.1 million, with a base salary of $1.39 million and a bonus of $3.78 million, reflecting his performance last year. His compensation plan emphasizes a performance-oriented structure to keep him accountable for Stryker's success. The bonus payout for Kevin was an impressive 180% of his target, indicating that he exceeded expectations across various performance metrics. This strategy links his financial rewards to the achievements of Stryker, promoting a culture of success. His pay is designed to motivate top management while minimizing risks associated with short-term gains that don't benefit shareholders in the long run. This transparent approach to compensation underlines his commitment to driving the company's growth, aligning executive success with Stryker's performance.

Year

2023

Total Compensation

$5.70M

Salary

$1.39M

Board Justification

The compensation philosophy emphasizes alignment with shareholder interests and performance-based pay, with a significant portion of total compensation tied to performance metrics.

Bonus

$3.78M

Board Justification

The bonus payout for Mr. Lobo for 2023 was 180% of target, reflecting performance that exceeded target goals for all measures in the bonus plans.

Other

$532.65K

Board Justification

This includes 401(k) matching contributions, discretionary contributions, and perquisites such as costs associated with an executive physical examination and personal use of aircraft.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was reported as vested in 2023; only stock grants were mentioned.

Performance Metrics

The performance metrics for the CEO's compensation in 2023 included adjusted operating income, adjusted operating income margin, constant currency sales, and free cash flow excluding recall payments.

Other Stryker CEOs

Here are other CEOs of Stryker