Merit Medical Systems Management
Management criteria checks 3/4
Merit Medical Systems' CEO is Fred Lampropoulos, appointed in Jul 1987, has a tenure of 37.5 years. total yearly compensation is $10.05M, comprised of 18.8% salary and 81.2% bonuses, including company stock and options. directly owns 1.97% of the company’s shares, worth $111.23M. The average tenure of the management team and the board of directors is 5.4 years and 5 years respectively.
Key information
Fred Lampropoulos
Chief executive officer
US$10.1m
Total compensation
| CEO salary percentage | 18.8% |
| CEO tenure | 37.5yrs |
| CEO ownership | 2.0% |
| Management average tenure | 5.4yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
Returns Are Gaining Momentum At Merit Medical Systems (NASDAQ:MMSI)
Dec 23
Is Now An Opportune Moment To Examine Merit Medical Systems, Inc. (NASDAQ:MMSI)?
Dec 11Is Now The Time To Put Merit Medical Systems (NASDAQ:MMSI) On Your Watchlist?
Nov 29Merit Medical Systems, Inc. (NASDAQ:MMSI) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year
Nov 02Is Merit Medical Systems (NASDAQ:MMSI) A Risky Investment?
Nov 01Merit Medical Systems - Impressive Momentum
Sep 17The Price Is Right For Merit Medical Systems, Inc. (NASDAQ:MMSI)
Sep 17Why Merit Medical Systems, Inc. (NASDAQ:MMSI) Could Be Worth Watching
Sep 04Merit Medical Systems (NASDAQ:MMSI) Is Doing The Right Things To Multiply Its Share Price
Aug 22These 4 Measures Indicate That Merit Medical Systems (NASDAQ:MMSI) Is Using Debt Safely
Jul 31Merit Medical Systems: Steady Wins The Day
Jul 05Merit Medical Systems (NASDAQ:MMSI) Ticks All The Boxes When It Comes To Earnings Growth
Jun 19Merit Medical: Undervalued With Multiple Growth Drivers In Play
Jun 15Merit Medical Systems (NASDAQ:MMSI) Is Doing The Right Things To Multiply Its Share Price
May 23It Looks Like Shareholders Would Probably Approve Merit Medical Systems, Inc.'s (NASDAQ:MMSI) CEO Compensation Package
May 09Results: Merit Medical Systems, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
May 03Is Merit Medical Systems (NASDAQ:MMSI) Using Too Much Debt?
Apr 30Merit Medical Systems, Inc. (NASDAQ:MMSI) Not Lagging Market On Growth Or Pricing
Apr 16When Should You Buy Merit Medical Systems, Inc. (NASDAQ:MMSI)?
Apr 02Merit Medical Systems: Solid Performer, Fully Valued
Mar 03Analyst Estimates: Here's What Brokers Think Of Merit Medical Systems, Inc. (NASDAQ:MMSI) After Its Full-Year Report
Mar 02We Ran A Stock Scan For Earnings Growth And Merit Medical Systems (NASDAQ:MMSI) Passed With Ease
Feb 05The Returns At Merit Medical Systems (NASDAQ:MMSI) Aren't Growing
Jan 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 about average for companies of similar size in the US market ($USD7.89M).
Compensation vs Earnings: Fred's compensation has increased by more than 20% in the past year.
CEO
Fred Lampropoulos (74 yo)
37.5yrs
Tenure
US$10,052,664
Compensation
Mr. Fred P. Lampropoulos has been the President of BioSphere Medical, Inc. since September 2010. He is Founder of Merit Medical Systems, Inc. and has been its Chairman and Chief Executive Officer since Jul...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 37.5yrs | US$10.05m | 1.97% $ 111.2m | |
| President | less than a year | US$2.81m | 0.060% $ 3.4m | |
| CFO & Treasurer | 6.7yrs | US$2.77m | 0.020% $ 1.1m | |
| Chief Operating Officer | 2.8yrs | US$2.71m | 0.013% $ 725.5k | |
| Chief Legal Officer & Corporate Secretary | 8.8yrs | US$2.66m | 0.030% $ 1.7m | |
| Chief Information Officer | 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 | 4.1yrs | no data | no data | |
| Chief Regulatory Affairs Officer | 12yrs | 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 |
5.4yrs
Average Tenure
55.5yo
Average Age
Experienced Management: MMSI's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 37.5yrs | US$10.05m | 1.97% $ 111.2m | |
| Independent Director | 2.7yrs | US$275.99k | 0.0052% $ 294.8k | |
| Lead Independent Director | 9.5yrs | US$320.99k | 0.051% $ 2.9m | |
| Independent Director | 7.7yrs | US$290.99k | 0.029% $ 1.6m | |
| Independent Director | 4.6yrs | US$290.99k | 0.018% $ 1.0m | |
| Independent Director | 5.4yrs | US$295.99k | 0.010% $ 576.6k | |
| Independent Director | 3.6yrs | US$275.99k | 0.0080% $ 453.8k | |
| Independent Director | less than a year | no data | no data |
5.0yrs
Average Tenure
63.5yo
Average Age
Experienced Board: MMSI's board of directors are considered experienced (5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 23:11 |
| End of Day Share Price | 2025/01/02 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 |
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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 here.
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 .
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. |