Merit Medical Systems (MMSI) executive compensation, 2026 proxy

Martha G. Aronson, President and Chief Executive Officer, was paid $6.7M in 2025. The CEO-to-median-employee pay ratio was 184:1, on median employee pay of $40,694.

Filed
March 31, 2026
Annual meeting
May 13, 2026
Pay year
2025
Named executives
6
CEO total pay
$6.7M2025
CEO to median employee
184:1median $40,694
CEO pay in equity
93%$6.2M in awards
Prior say-on-pay support
97%of votes cast
2025 Revenue
$1.516BDelivered record-setting revenue
Operating Cash Flow
$297MAchieved strong financial results
5-Year TSR
59%Cumulative total return from 2020 to 2025
Annual Incentive Payout
124.53%Of target for NEOs in 2025

How Aronson was paid

$6.7M 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.

Salary4%Bonus4%Stock awards93%

Named executive officers

ExecutiveTotal
Martha G. AronsonPresident and Chief Executive Officer$6,728,320
Raul ParraChief Financial Officer and Treasurer$4,819,450
Neil W. PetersonChief Operating Officer$4,124,238
Brian G. LloydChief Legal Officer, Corporate Secretary$4,440,299
Michel J. VoigtChief Human Resources Officer$3,324,315
Fred P. LampropoulosFormer Chair of the Board, CEO and President$13,755,143

What changed and why

  • $6.7MMartha G. Aronson was appointed President and Chief Executive Officer in 2025 with a total compensation of $6,728,320.
  • $13.8MFred P. Lampropoulos served as former CEO and received total compensation of $13,755,143 for fiscal year 2025.
  • 60%60% of target equity compensation for current and former CEOs and other NEOs is performance-based.
  • 97%Shareholders strongly supported the 2025 executive compensation program with approximately 97% voting in favor of it.

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.