Zimmer Biomet Holdings Management
Management criteria checks 2/4
Zimmer Biomet Holdings' CEO is Ivan Tornos, appointed in Mar 2021, has a tenure of 3.67 years. total yearly compensation is $10.19M, comprised of 9.5% salary and 90.5% bonuses, including company stock and options. directly owns 0.013% of the company’s shares, worth CHF2.64M. The average tenure of the management team and the board of directors is 3.7 years and 6.3 years respectively.
Key information
Ivan Tornos
Chief executive officer
US$10.2m
Total compensation
| CEO salary percentage | 9.5% |
| CEO tenure | 3.7yrs |
| CEO ownership | 0.01% |
| Management average tenure | 3.7yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$997m |
| Mar 31 2024 | n/a | n/a | US$964m |
| Dec 31 2023 | US$10m | US$969k | US$1b |
| Sep 30 2023 | n/a | n/a | US$474m |
| Jun 30 2023 | n/a | n/a | US$506m |
| Mar 31 2023 | n/a | n/a | US$450m |
| Dec 31 2022 | US$6m | US$823k | US$290m |
| Sep 30 2022 | n/a | n/a | US$366m |
| Jun 30 2022 | n/a | n/a | US$334m |
| Mar 31 2022 | n/a | n/a | US$325m |
| Dec 31 2021 | US$5m | US$731k | US$445m |
| Sep 30 2021 | n/a | n/a | US$834m |
| Jun 30 2021 | n/a | n/a | US$914m |
| Mar 31 2021 | n/a | n/a | US$563m |
| Dec 31 2020 | US$4m | US$730k | -US$11m |
| Sep 30 2020 | n/a | n/a | -US$152m |
| Jun 30 2020 | n/a | n/a | US$37m |
| Mar 31 2020 | n/a | n/a | US$377m |
| Dec 31 2019 | US$4m | US$700k | US$1b |
| Sep 30 2019 | n/a | n/a | -US$90m |
| Jun 30 2019 | n/a | n/a | -US$359m |
| Mar 31 2019 | n/a | n/a | -US$308m |
| Dec 31 2018 | US$4m | US$113k | -US$379m |
Compensation vs Market: Ivan's total compensation ($USD10.19M) is above average for companies of similar size in the Swiss market ($USD4.73M).
Compensation vs Earnings: Ivan's compensation has increased by more than 20% in the past year.
CEO
Ivan Tornos (49 yo)
3.7yrs
Tenure
US$10,191,476
Compensation
Mr. Ivan Tornos serves as Independent External Director at PHC Holdings Corporation since September 03, 2021. He joined PHC Holdings Corporation on September 03, 2021. Mr. Tornos serves as Chief Operating...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| COO, President | 3.7yrs | US$10.19m | 0.013% CHF 2.6m | |
| CFO and Executive VP of Finance | 5.3yrs | US$10.38m | 0.015% CHF 2.9m | |
| Senior VP | 17.5yrs | US$2.87m | 0.025% CHF 4.9m | |
| President of Asia Pacific | 9.4yrs | US$3.38m | 0.0027% CHF 523.8k | |
| Group President of Europe | 3.4yrs | US$3.42m | 0.0046% CHF 910.3k | |
| VP, Controller & Chief Accounting Officer | 2.5yrs | no data | 0.00069% CHF 135.4k | |
| Senior VP & Chief Information and Technology Officer | less than a year | no data | no data | |
| Senior VP & Chief Administrative Officer | less than a year | no data | 0.0034% CHF 674.9k | |
| Senior VP of Investor Relations | less than a year | no data | no data | |
| Senior VP | 9.4yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 3.8yrs | no data | 0.0017% CHF 329.6k | |
| Senior Vice President of Global Quality & Regulatory Affairs | 7.3yrs | no data | no data |
3.7yrs
Average Tenure
54yo
Average Age
Experienced Management: ZBH's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| COO, President | 1.3yrs | US$10.19m | 0.013% CHF 2.6m | |
| Independent Chairman of the Board | 12.3yrs | US$409.38k | 0.0018% CHF 349.2k | |
| Independent Director | 15.8yrs | US$340.26k | 0.0027% CHF 519.9k | |
| Independent Director | 16.7yrs | US$358.20k | 0.0020% CHF 394.3k | |
| Independent Director | 17.8yrs | US$347.75k | 0.0017% CHF 335.5k | |
| Director | less than a year | no data | no data | |
| Independent Director | 6.3yrs | US$314.44k | 0.00083% CHF 162.8k | |
| Independent Director | 9.9yrs | US$342.52k | 0.0010% CHF 196.2k | |
| Director | less than a year | no data | no data | |
| Independent Director | 3.8yrs | US$382.35k | 0.00050% CHF 98.1k | |
| Independent Director | 6.3yrs | US$367.52k | 0.0020% CHF 400.2k |
6.3yrs
Average Tenure
60yo
Average Age
Experienced Board: ZBH's board of directors are considered experienced (6.3 years average tenure).