CONMED Management
Management criteria checks 3/4
CONMED's CEO is Curt Hartman, appointed in Jul 2014, has a tenure of 10.42 years. total yearly compensation is $7.76M, comprised of 12.2% salary and 87.8% bonuses, including company stock and options. directly owns 0.3% of the company’s shares, worth €6.43M. The average tenure of the management team and the board of directors is 5.8 years and 9.4 years respectively.
Key information
Curt Hartman
Chief executive officer
US$7.8m
Total compensation
| CEO salary percentage | 12.2% |
| CEO tenure | 10.4yrs |
| CEO ownership | 0.3% |
| Management average tenure | 5.8yrs |
| Board average tenure | 9.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$132m |
| Jun 30 2024 | n/a | n/a | US$99m |
| Mar 31 2024 | n/a | n/a | US$82m |
| Dec 31 2023 | US$8m | US$950k | US$64m |
| Sep 30 2023 | n/a | n/a | US$58m |
| Jun 30 2023 | n/a | n/a | US$88m |
| Mar 31 2023 | n/a | n/a | -US$94m |
| Dec 31 2022 | US$8m | US$946k | -US$81m |
| Sep 30 2022 | n/a | n/a | -US$83m |
| Jun 30 2022 | n/a | n/a | -US$114m |
| Mar 31 2022 | n/a | n/a | US$68m |
| Dec 31 2021 | US$9m | US$918k | US$63m |
| Sep 30 2021 | n/a | n/a | US$62m |
| Jun 30 2021 | n/a | n/a | US$54m |
| Mar 31 2021 | n/a | n/a | US$13m |
| Dec 31 2020 | US$6m | US$888k | US$10m |
| Sep 30 2020 | n/a | n/a | US$311k |
| Jun 30 2020 | n/a | n/a | US$431k |
| Mar 31 2020 | n/a | n/a | US$34m |
| Dec 31 2019 | US$6m | US$842k | US$29m |
| Sep 30 2019 | n/a | n/a | US$29m |
| Jun 30 2019 | n/a | n/a | US$28m |
| Mar 31 2019 | n/a | n/a | US$31m |
| Dec 31 2018 | US$5m | US$791k | US$41m |
| Sep 30 2018 | n/a | n/a | US$72m |
| Jun 30 2018 | n/a | n/a | US$73m |
| Mar 31 2018 | n/a | n/a | US$71m |
| Dec 31 2017 | US$3m | US$753k | US$55m |
Compensation vs Market: Curt's total compensation ($USD7.76M) is above average for companies of similar size in the German market ($USD1.52M).
Compensation vs Earnings: Curt's compensation has been consistent with company performance over the past year.
CEO
Curt Hartman (60 yo)
10.4yrs
Tenure
US$7,764,615
Compensation
Mr. Curt R. Hartman serves as the Director of CONMED Corporation since October 31, 2024 and Chief Executive Officer and President of CONMED Corporation since November 09, 2014, He served as Chairman of the...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.4yrs | US$7.76m | 0.30% € 6.4m | |
| Executive VP | 6.9yrs | US$2.87m | 0.00073% € 15.5k | |
| Chief Operating Officer | less than a year | US$3.30m | 0.035% € 742.7k | |
| Chief Information Officer | no data | no data | 0.00083% € 17.6k | |
| General Counsel & Corporate Secretary | less than a year | no data | no data | |
| Executive Vice President of Strategy & Corporate Development | 9.6yrs | no data | 0.012% € 255.0k | |
| Executive VP of Information Technology & CIO | 4.8yrs | no data | no data | |
| Executive Vice President of Human Resources | 2yrs | no data | 0.0023% € 48.2k | |
| President of ConMed Electrosurgery | 20.4yrs | US$572.33k | no data | |
| VP of Tax & Treasurer | 9.7yrs | no data | 0.0043% € 90.4k | |
| Interim Corporate Controller | less than a year | no data | no data |
5.8yrs
Average Tenure
56yo
Average Age
Experienced Management: EC8's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.8yrs | US$7.76m | 0.30% € 6.4m | |
| Independent Director | 9.4yrs | US$257.37k | 0.066% € 1.4m | |
| Independent Director | 9.4yrs | US$264.87k | 0.054% € 1.2m | |
| Independent Director | 11.4yrs | US$257.37k | 0.031% € 662.4k | |
| Independent Director | 5yrs | US$257.37k | 0.012% € 245.2k | |
| Independent Chair of the Board | 8.8yrs | US$292.37k | 0.045% € 956.3k | |
| Independent Director | 10.4yrs | US$249.87k | 0.066% € 1.4m | |
| Independent Director | 5.3yrs | US$264.87k | 0.017% € 364.8k |
9.4yrs
Average Tenure
64yo
Average Age
Experienced Board: EC8's board of directors are considered experienced (9.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 12:00 |
| End of Day Share Price | 2024/12/18 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
CONMED Corporation is covered by 14 analysts. 7 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 |
|---|---|
| Travis Steed | Barclays |
| Travis Steed | BofA Global Research |
| Kristen Stewart | CL King & Associates, Inc. |