Boston Scientific Management
Management criteria checks 3/4
Boston Scientific's CEO is Mike Mahoney, appointed in Oct 2011, has a tenure of 13.17 years. total yearly compensation is $18.72M, comprised of 7.5% salary and 92.5% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth €146.33M. The average tenure of the management team and the board of directors is 8.7 years and 8.4 years respectively.
Key information
Mike Mahoney
Chief executive officer
US$18.7m
Total compensation
| CEO salary percentage | 7.5% |
| CEO tenure | 13.2yrs |
| CEO ownership | 0.1% |
| Management average tenure | 8.7yrs |
| Board average tenure | 8.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$2b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$19m | US$1m | US$2b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$861m |
| Mar 31 2023 | n/a | n/a | US$846m |
| Dec 31 2022 | US$17m | US$1m | US$642m |
| Sep 30 2022 | n/a | n/a | US$596m |
| Jun 30 2022 | n/a | n/a | US$828m |
| Mar 31 2022 | n/a | n/a | US$754m |
| Dec 31 2021 | US$16m | US$1m | US$985m |
| Sep 30 2021 | n/a | n/a | US$1b |
| Jun 30 2021 | n/a | n/a | US$526m |
| Mar 31 2021 | n/a | n/a | US$201m |
| Dec 31 2020 | US$14m | US$667k | -US$115m |
| Sep 30 2020 | n/a | n/a | US$4b |
| Jun 30 2020 | n/a | n/a | US$4b |
| Mar 31 2020 | n/a | n/a | US$4b |
| Dec 31 2019 | US$16m | US$1m | US$5b |
| Sep 30 2019 | n/a | n/a | US$1b |
| Jun 30 2019 | n/a | n/a | US$1b |
| Mar 31 2019 | n/a | n/a | US$2b |
| Dec 31 2018 | US$14m | US$1m | US$2b |
| Sep 30 2018 | n/a | n/a | US$670m |
| Jun 30 2018 | n/a | n/a | US$521m |
| Mar 31 2018 | n/a | n/a | US$112m |
| Dec 31 2017 | US$13m | US$1m | US$104m |
Compensation vs Market: Mike's total compensation ($USD18.72M) is above average for companies of similar size in the German market ($USD4.74M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Mahoney (59 yo)
13.2yrs
Tenure
US$18,723,735
Compensation
Mr. Michael F. Mahoney, also known as Mike, has been Independent Director of CVS Health Corporation since November 01, 2023. He has been Chairman of Boston Scientific Corporation since May 3, 2016, and is...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 13.2yrs | US$18.72m | 0.12% € 146.3m | |
| Executive VP & CFO | 10.9yrs | US$5.83m | 0.015% € 19.0m | |
| Executive VP & Group President of Cardiology | 14.8yrs | US$5.59m | 0.010% € 13.0m | |
| Executive VP & President of Peripheral Interventions | 11.9yrs | US$3.78m | 0.0019% € 2.4m | |
| Executive VP and Group President of MedSurg & Asia Pacific | 8.4yrs | US$4.27m | 0.00097% € 1.2m | |
| Executive Vice President of Global Operations | 2.6yrs | no data | 0.0025% € 3.2m | |
| Senior VP | less than a year | no data | 0.00020% € 250.4k | |
| Senior VP and Chief Information & Digital Officer | 9yrs | no data | no data | |
| Senior VP of Investor Relations | less than a year | no data | 0.0026% € 3.2m | |
| Senior VP | 3.5yrs | no data | 0.0023% € 2.9m | |
| Senior VP of Market Access & Chief Marketing Officer | 3.6yrs | no data | no data | |
| Executive Vice President of Human Resources | 12yrs | no data | 0.0020% € 2.5m |
8.7yrs
Average Tenure
56yo
Average Age
Experienced Management: BSX's management team is seasoned and experienced (8.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 12.1yrs | US$18.72m | 0.12% € 146.3m | |
| Lead Independent Director | 10.8yrs | US$360.00k | 0.0027% € 3.3m | |
| Independent Director | 8.7yrs | US$335.00k | 0.0033% € 4.1m | |
| Independent Director | 8.4yrs | US$320.00k | 0.00020% € 250.4k | |
| Independent Director | 3.5yrs | US$338.75k | 0.0027% € 3.4m | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | 0.00024% € 300.5k | |
| Independent Director | 9.7yrs | US$326.25k | 0.0043% € 5.3m | |
| Independent Director | 15.7yrs | US$340.00k | 0.0036% € 4.5m | |
| Independent Director | 1.5yrs | US$233.23k | 0.00042% € 525.8k | |
| Independent Director | 1.5yrs | US$233.23k | 0.00027% € 338.0k |
8.4yrs
Average Tenure
60.5yo
Average Age
Experienced Board: BSX's board of directors are considered experienced (8.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 01:14 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Boston Scientific Corporation is covered by 71 analysts. 32 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jasper Hellweg | Argus Research Company |
| David Rescott | Baird |
| Ishan Majumdar | Baptista Research |