Avanos/Halyard Tops Recent Medtech CEO-To-Worker Pay Ratio Disclosures
Executive Summary
While most device companies filing 2017 annual reports in the first half of 2018 showed CEO-to-worker pay ratios averaging 219:1, Halyard Health (recently renamed Avanos Medical) CEO Joseph F. Woody was compensated 1,250 times what the company’s median employee earned, according to recent disclosures. Medtech Insight also examined CEO-to-worker pay ratios at Align Technologies, Abbott Laboratories, Danaher and Bio-Rad Laboratories, among other firms.
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