ZimVie Management
Management criteria checks 2/4
ZimVie's CEO is Vafa Jamali, appointed in Feb 2021, has a tenure of 3.17 years. total yearly compensation is $4.23M, comprised of 18.9% salary and 81.1% bonuses, including company stock and options. directly owns 0.87% of the company’s shares, worth $3.71M. The average tenure of the management team and the board of directors is 2.8 years and 2.1 years respectively.
Key information
Vafa Jamali
Chief executive officer
US$4.2m
Total compensation
| CEO salary percentage | 18.9% |
| CEO tenure | 3.2yrs |
| CEO ownership | 0.9% |
| Management average tenure | 2.8yrs |
| Board average tenure | 2.1yrs |
Recent management updates
Recent updates
ZimVie: Shrinking Its Way To Profitability
Feb 12ZimVie Inc. (NASDAQ:ZIMV) Stock Catapults 93% Though Its Price And Business Still Lag The Industry
Dec 19
ZimVie Inc.'s (NASDAQ:ZIMV) Shares Bounce 27% But Its Business Still Trails The Industry
Apr 17ZimVie: Disappointing Guidance Prompts Caution
Aug 25ZimVie Q2 Non-GAAP EPS beats, revenue down Y/Y, guidance reduced
Aug 10ZimVie: Undervalued Spin-Off
Jul 05ZimVie: Spin-Off Of Dental And Spine Units Of Zimmer Biomet
Apr 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$4m | US$800k | -US$56m |
| Sep 30 2023 | n/a | n/a | -US$89m |
| Jun 30 2023 | n/a | n/a | -US$83m |
| Mar 31 2023 | n/a | n/a | -US$68m |
| Dec 31 2022 | US$10m | US$773k | -US$47m |
| Sep 30 2022 | n/a | n/a | -US$94m |
| Jun 30 2022 | n/a | n/a | -US$125m |
| Mar 31 2022 | n/a | n/a | -US$121m |
| Dec 31 2021 | US$8m | US$606k | US$16m |
Compensation vs Market: Vafa's total compensation ($USD4.23M) is above average for companies of similar size in the US market ($USD2.43M).
Compensation vs Earnings: Vafa's compensation has been consistent with company performance over the past year.
CEO
Vafa Jamali (53 yo)
3.2yrs
Tenure
US$4,226,944
Compensation
Mr. Vafa Jamali serves as Chief Executive Officer of ZimVie Inc. February 2021 and its President since December 2021. He serves as Director of ZimVie Inc. since March 2022. He joined Zimmer Biomet Holdings...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.2yrs | US$4.23m | 0.87% $ 3.7m | |
| Executive VP | 2.6yrs | US$1.67m | 0.26% $ 1.1m | |
| Senior VP | 2.8yrs | US$1.07m | 0.22% $ 929.6k | |
| Senior VP & Chief Commercial Officer | 2.8yrs | US$1.14m | 0.12% $ 499.9k | |
| Chief Accounting Officer | no data | no data | 0.060% $ 258.0k | |
| Senior VP & Chief Information Officer | no data | no data | no data | |
| Vice President of Communications | no data | no data | no data | |
| Senior Vice President of Regulatory Affairs | no data | no data | no data |
2.8yrs
Average Tenure
52.5yo
Average Age
Experienced Management: ZIMV's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.1yrs | US$4.23m | 0.87% $ 3.7m | |
| Independent Director | 2.1yrs | US$275.23k | 0.15% $ 629.2k | |
| Independent Chairman of the Board | 2.1yrs | US$410.23k | 0.000010% $ 42.7 | |
| Independent Director | 2.1yrs | US$260.23k | 0% $ 0 | |
| Independent Director | 2.1yrs | US$270.23k | 0% $ 0 | |
| Independent Director | 2.1yrs | US$280.23k | 0% $ 0 |
2.1yrs
Average Tenure
61.5yo
Average Age
Experienced Board: ZIMV's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.