How Bailey was paid
$3.3M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| David R. BaileyPresident and Chief Executive Officer | $550,000 | $2,445,200 | $322,281 | $14,000 | $3,331,481 |
| Fred L. HiteChief Operating Officer and Chief Financial Officer | $501,000 | $1,588,617 | $293,569 | $14,000 | $2,397,186 |
| Gregory A. OdlePresident of Scoliosis | $368,000 | $972,427 | $143,757 | $14,000 | $1,498,184 |
| Daniel J. GerritzenExecutive Vice President (Legal), General Counsel, and Secretary | $368,000 | $972,427 | $143,757 | $12,880 | $1,497,064 |
| Joseph W. HauserPresident of Trauma, Deformity and OPSB | $413,000 | $1,308,399 | $239,463 | $14,000 | $1,974,862 |
What changed and why
- $3.3MDavid R. Bailey received total compensation of $3,331,481 in 2025 compared to $3,656,888 in 2024.
- The CEO pay ratio was 32 to 1 for fiscal year 2025.
- Stock awards represented the largest portion of executive compensation.
- Revenue, Adjusted EBITDA, and Free Cash Flow were identified as the most important performance measures.
- 96%Stockholders approved the prior say-on-pay proposal with approximately 96% support.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.