Gary Maharaj is President and Chief Executive Officer of Surmodics Inc (SRDX). The company reported total compensation of $3,665,496 for fiscal year 2024.
| Salary | $647,481 |
|---|---|
| Bonus | $0 |
| Stock awards | $940,000 |
| Option awards | $1,410,000 |
| Non-equity incentive plan | $654,215 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $13,800 |
| Total | $3,665,496 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Surmodics Inc filed December 19, 2024, accession 0000950170-24-138240.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2024 | President and Chief Executive Officer | $647,481 | $0 | $940,000 | $1,410,000 | $654,215 | $0 | $13,800 | $3,665,496 |
| FY2023 | President and Chief Executive Officer | $640,385 | $0 | $880,000 | $1,320,000 | $673,678 | $0 | $13,200 | $3,527,263 |
| FY2022 | President and Chief Executive Officer | $620,392 | $0 | $800,000 | $1,200,000 | $466,535 | $0 | $8,700 | $3,095,627 |
Totals as disclosed in each year's own compensation disclosure for Surmodics Inc.
| Peer-group chief executive median | $4,043,443 |
|---|---|
| Difference from that median | $-377,946 |
| Percentile within the disclosed peer group | 33rd |
| Peers with a disclosed figure | 12 |
Medians and percentiles are computed across the peer group Surmodics Inc discloses in its own compensation disclosure.
| Named executive officer | Role | FY2024 total |
|---|---|---|
| Gary Maharaj this page | President and Chief Executive Officer | $3,665,496 |
| Teryl Sides | Senior Vice President and President, Vascular Interventions | $1,521,370 |
| Timothy Arens | Senior Vice President of Finance and Information Technology and Chief Financial Officer | $1,344,511 |
| Gordon Weber | Senior Vice President of Legal, General Counsel and Secretary | $1,146,695 |
| Charles Olson | Senior Vice President and President, Medical Device Coatings | $1,134,115 |
The company's named executive officers for fiscal year 2024, and what it reported for each. See the full Surmodics Inc compensation brief.
Gary Maharaj's compensation sits inside Surmodics Inc's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.