Thomas Sandgaard is President, Chief Executive Officer and Chairman of ZYNEX INC (ZYXI). The company reported total compensation of $991,810 for fiscal year 2024.
| Salary | $700,000 |
|---|---|
| Bonus | $0 |
| Stock awards | $112,458 |
| Option awards | $0 |
| Non-equity incentive plan | $170,625 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $8,727 |
| Total | $991,810 |
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 ZYNEX INC filed March 28, 2025, accession 0001558370-25-004019.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2024 | President, Chief Executive Officer and Chairman | $700,000 | $0 | $112,458 | $0 | $170,625 | $0 | $8,727 | $991,810 |
| FY2023 | President, Chief Executive Officer and Chairman | $650,000 | $0 | $225,065 | $0 | $304,688 | $0 | $38,142 | $1,217,895 |
| FY2022 | President, Chief Executive Officer and Chairman | $575,000 | $0 | $223,350 | $0 | $549,844 | $0 | $10,639 | $1,358,833 |
| FY2021 | President, Chief Executive Officer and Chairman | $495,833 | $0 | $0 | $135,640 | $342,438 | $0 | $14,440 | $988,351 |
| FY2020 | President, Chief Executive Officer and Chairman | $480,000 | $0 | $0 | $847,000 | $0 | $0 | $20,953 | $1,347,953 |
Totals as disclosed in each year's own compensation disclosure for ZYNEX INC.
| Peer-group chief executive median | $6,382,814 |
|---|---|
| Difference from that median | $-5,391,004 |
| Percentile within the disclosed peer group | 13th |
| Peers with a disclosed figure | 15 |
Medians and percentiles are computed across the peer group ZYNEX INC discloses in its own compensation disclosure.
| Named executive officer | Role | FY2024 total |
|---|---|---|
| Thomas Sandgaard this page | President, Chief Executive Officer and Chairman | $991,810 |
| Daniel Moorhead | Chief Financial Officer | $909,805 |
| Anna Lucsok | Chief Operating Officer | $709,109 |
The company's named executive officers for fiscal year 2024, and what it reported for each. See the full ZYNEX INC compensation brief.
Thomas Sandgaard's compensation sits inside ZYNEX INC's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.