Companies Zimmer Biomet Holdings, Inc
Zimmer Biomet (ZMH): executive pay, fiscal 2025
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CEO pay, last three years
- $16,106,550FY2025
CEO total pay was $16,106,550 in fiscal 2025; the brief holds no earlier figure for this CEO.
FY2025: salary $1,281,846 · bonus $0 · stock awards $12,000,101 · option awards $0
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Ivan Tornos | $1,281,846 | $0 | $12,000,101 | $0 | $2,420,767 | $0 | $403,836 | $16,106,550 |
| Chairman, President and CEO | ||||||||
| Jehanzeb Noor | 683,000 | 1,115,509 | 5,100,212 | 0 | 730,913 | 217,165 | 27,409 | 7,874,209 |
| SVP, Chief Strategy, Business Development | ||||||||
| Suketu Upadhyay | 906,780 | 0 | 4,000,104 | 0 | 1,141,636 | 0 | 163,284 | 6,211,805 |
| CFO and EVP - Finance, Operations and Supply Chain | ||||||||
| Kevin Thornal | 405,385 | 0 | 5,300,085 | 0 | 505,275 | 0 | 0 | 6,210,746 |
| Group President, Global | ||||||||
| Wilfred van Zuilen | 743,149 | 0 | 2,000,052 | 0 | 730,333 | 553,503 | 112,372 | 4,139,409 |
| Group President, EMEA | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Ivan Tornos | $16,106,550 | — | — | — |
| Jehanzeb Noor | 7,874,209 | — | — | — |
| Suketu Upadhyay | 6,211,805 | — | — | — |
| Kevin Thornal | 6,210,746 | — | — | — |
| Wilfred van Zuilen | 4,139,409 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Wilfred van Zuilen | RSU | 4,901 | — | $440,698 |
| Wilfred van Zuilen | PSU | 7,074 | — | 636,094 |
| Jehanzeb Noor | PSU | 7,988 | — | 718,281 |
| Jehanzeb Noor | RSU | 8,131 | — | 731,140 |
| Wilfred van Zuilen | PSU | 9,389 | — | 844,259 |
| Wilfred van Zuilen | RSU | 9,545 | — | 858,286 |
| Suketu Upadhyay | RSU | 10,890 | — | 979,229 |
| Jehanzeb Noor | RSU | 11,744 | — | 1,056,020 |
| Suketu Upadhyay | PSU | 15,720 | — | 1,413,542 |
| Jehanzeb Noor | PSU | 18,212 | — | 1,637,623 |
| Suketu Upadhyay | PSU | 18,778 | — | 1,688,518 |
| Suketu Upadhyay | RSU | 19,090 | — | 1,716,573 |
| Kevin Thornal | RSU | 29,870 | — | 2,685,910 |
| Kevin Thornal | PSU | 30,474 | — | 2,740,222 |
| Ivan Tornos | RSU | 31,991 | — | 2,876,631 |
| Ivan Tornos | PSU | 46,177 | — | 4,152,236 |
| Ivan Tornos | PSU | 56,333 | — | 5,065,463 |
| Ivan Tornos | RSU | 57,269 | — | 5,149,628 |
Director compensation
No director compensation table is on file for fiscal year 2025.
Board fee structure and ownership guideline
| Annual cash retainer | $110,000 |
|---|---|
| Annual equity retainer | $205,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 20,000 |
| Stock ownership guideline | — |
Peer group, and who names Zimmer Biomet as a peer
Companies that benchmark against ZMH
No companies currently name ZMH as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Zimmer Biomet Holdings, Inc | 2025 | Ivan Tornos | $1,281,846 | $12,000,101 | $0 | $2,420,767 | $16,106,550 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (6 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Ivan Tornos. DEF 14A, filed 2026-04-01. Section “2025 Summary Compensation Table” · page 52. As printed: 16,106,550. View filing ↗
- Section 01, Jehanzeb Noor. DEF 14A, filed 2026-04-01. Section “2025 Summary Compensation Table” · page 52. As printed: 7,874,209. View filing ↗
- Section 01, Suketu Upadhyay. DEF 14A, filed 2026-04-01. Section “2025 Summary Compensation Table” · page 52. As printed: 6,211,805. View filing ↗
- Section 01, Kevin Thornal. DEF 14A, filed 2026-04-01. Section “2025 Summary Compensation Table” · page 52. As printed: 6,210,746. View filing ↗
- Section 01, Wilfred van Zuilen. DEF 14A, filed 2026-04-01. Section “2025 Summary Compensation Table” · page 52. As printed: 4,139,409. View filing ↗
- Zimmer Biomet Holdings, Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in Zimmer Biomet Holdings, Inc's own proxy. As printed: 16,106,550. View filing ↗