Merit Medical Systems Management
Management criteria checks 2/4
Merit Medical Systems' CEO is Fred Lampropoulos, appointed in Jul 1987, has a tenure of 37.67 years. total yearly compensation is $10.05M, comprised of 18.8% salary and 81.2% bonuses, including company stock and options. directly owns 1.96% of the company’s shares, worth €104.81M. The average tenure of the management team and the board of directors is 6.8 years and 5.2 years respectively.
Key information
Fred Lampropoulos
Chief executive officer
US$10.1m
Total compensation
| CEO salary percentage | 18.8% |
| CEO tenure | 37.7yrs |
| CEO ownership | 2.0% |
| Management average tenure | 6.8yrs |
| Board average tenure | 5.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$120m |
| Sep 30 2024 | n/a | n/a | US$120m |
| Jun 30 2024 | n/a | n/a | US$117m |
| Mar 31 2024 | n/a | n/a | US$102m |
| Dec 31 2023 | US$10m | US$2m | US$94m |
| Sep 30 2023 | n/a | n/a | US$100m |
| Jun 30 2023 | n/a | n/a | US$90m |
| Mar 31 2023 | n/a | n/a | US$85m |
| Dec 31 2022 | US$8m | US$2m | US$75m |
| Sep 30 2022 | n/a | n/a | US$62m |
| Jun 30 2022 | n/a | n/a | US$58m |
| Mar 31 2022 | n/a | n/a | US$48m |
| Dec 31 2021 | US$8m | US$2m | US$48m |
| Sep 30 2021 | n/a | n/a | US$43m |
| Jun 30 2021 | n/a | n/a | US$28m |
| Mar 31 2021 | n/a | n/a | US$4m |
| Dec 31 2020 | US$8m | US$2m | -US$10m |
| Sep 30 2020 | n/a | n/a | -US$29m |
| Jun 30 2020 | n/a | n/a | -US$30m |
| Mar 31 2020 | n/a | n/a | -US$4m |
| Dec 31 2019 | US$5m | US$2m | US$5m |
| Sep 30 2019 | n/a | n/a | US$19m |
| Jun 30 2019 | n/a | n/a | US$39m |
| Mar 31 2019 | n/a | n/a | US$43m |
| Dec 31 2018 | US$4m | US$2m | US$42m |
Compensation vs Market: Fred's total compensation ($USD10.05M) is above average for companies of similar size in the German market ($USD3.12M).
Compensation vs Earnings: Fred's compensation has increased by more than 20% in the past year.
CEO
Fred Lampropoulos (74 yo)
37.7yrs
Tenure
US$10,052,664
Compensation
Mr. Fred P. Lampropoulos has been the President of BioSphere Medical, Inc. since September 2010. He has been the President at Merit Medical Systems, Inc. since January 03, 2025. He is Founder of Merit Medi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 37.7yrs | US$10.05m | 1.96% € 104.8m | |
| CFO & Treasurer | 6.8yrs | US$2.77m | 0.023% € 1.2m | |
| Chief Operating Officer | 2.9yrs | US$2.71m | 0.025% € 1.3m | |
| Chief Legal Officer & Corporate Secretary | 8.9yrs | US$2.66m | 0.045% € 2.4m | |
| Chief Information Officer | 2.2yrs | no data | no data | |
| Vice President of Global Communications | no data | no data | no data | |
| Executive Vice President of Global Marketing & Strategy | no data | no data | no data | |
| Chief Human Resources Officer | 4.3yrs | no data | 0.021% € 1.1m | |
| Chief Regulatory Affairs Officer | 12.2yrs | no data | no data | |
| Managing Director of Operation Merit Medical Tijuana | no data | no data | no data | |
| Executive Vice President of Merit Medical EMEA | no data | no data | no data | |
| Sustainability Council Chair and Vice President of Environment | no data | no data | no data |
6.8yrs
Average Tenure
57yo
Average Age
Experienced Management: MM3's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 37.7yrs | US$10.05m | 1.96% € 104.8m | |
| Independent Director | 2.8yrs | US$275.99k | 0.0052% € 277.1k | |
| Lead Independent Director | 9.7yrs | US$320.99k | 0.051% € 2.7m | |
| Independent Director | 7.8yrs | US$290.99k | 0.053% € 2.9m | |
| Independent Director | 4.8yrs | US$290.99k | 0.018% € 956.4k | |
| Independent Director | 5.6yrs | US$295.99k | 0.010% € 542.4k | |
| Independent Director | 3.8yrs | US$275.99k | 0.0038% € 202.2k | |
| Independent Director | less than a year | no data | no data |
5.2yrs
Average Tenure
63.5yo
Average Age
Experienced Board: MM3's board of directors are considered experienced (5.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/15 02:26 |
| End of Day Share Price | 2025/03/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| 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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Merit Medical Systems, Inc. is covered by 21 analysts. 10 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 |
|---|---|
| David Rescott | Baird |
| Ishan Majumdar | Baptista Research |
| Michael Petusky | Barrington Research Associates, Inc. |