Fred P. Lampropoulos has been leading Merit Medical Systems since December 2015 as both the CEO and President. Under his leadership, the company has not only focused on critical areas like strategic business development and product innovation but has also...

Fred P. Lampropoulos has been leading Merit Medical Systems since December 2015 as both the CEO and President. Under his leadership, the company has not only focused on critical areas like strategic business development and product innovation but has also navigated complex challenges such as acquisition integrations and cost savings initiatives. Fred has been with the company since its inception in 1987, bringing decades of experience to the table. His annual compensation has notably increased, reaching over $10 million in 2023, reflecting his role in pushing the company's growth. Interestingly, his compensation packages include performance bonuses tied to specific company goals, which highlights a focus on aligning interests between management and shareholders. Most remarkable is his close family connection to the company; several relatives hold significant roles within Merit Medical, showing a family-driven business culture. Lampropoulos' strategic decisions have been critical in driving Merit Medical's success in a competitive medical device market, while also acknowledging the challenges that influenced company performance metrics over the years.