Gary S. Guthart is the CEO of Intuitive Surgical Inc., the company that revolutionized robotic surgery. He joined in 1996 and became CEO in 2010, which shows his long commitment to the company. With degrees in engineering from UC Berkeley...

Current Market Cap

$191.47B

Number of Employees

13.68K

Total Compensation

2017 - 2022

Trending down by -88.48% last year
Showing total compensation for the last 2017 - 2022

Stock

Down by -91.40% last year

Salary

Up by 3.19% last year

Bonus

Down by -1.53% last year

Other

Up by 0.00% last year

Year

2022

Total Compensation

$8.02M

Salary

$873.08K

Board Justification

The compensation philosophy aims to attract and retain a talented executive team aligned with the long-term interests of stockholders, emphasizing performance-based compensation.

Bonus

$1.36M

Board Justification

The annual cash bonus earned in 2022 under the Corporate Incentive Program (CIP) was based on performance against adjusted operating income and strategic company performance goals, funded at 105.6% of target.

Other

$1.50K

Board Justification

This includes matching contributions paid by the company pursuant to the 401(k) plan.

Restricted Stock

$5.79M(22.17K RSU)

Board Justification

The stock awards that vested in 2022 included restricted stock units (RSUs) and performance share units (PSUs) that were granted in prior years and vested based on performance metrics and continued employment.

Performance Metrics

The performance metrics for the CEO's compensation in 2022 were based on adjusted operating income and strategic company performance goals.

SEC Filing

From March 8, 2024

Gary S. Guthart

CEO of Intuitive Surgical

I

Education

MS and Ph.D. in Engineering Science from California Institute of Technology, BS in Engineering from University of California, Berkeley

Field of Expertise

Technology & Engineering - Engineering

Born

November 30, 1964 - 59 years ago

Is Founder?

No

Current Tenure

14 years 10 months (Jan 2010 - Present)

Previous Experience

Part of the core team developing foundation technology for computer-enhanced surgery at SRI International.

View Holdings

Insider Holdings of Gary S. Guthart

ISRG

$674.79M

$264.56M (64.49%)

Last Insider Trade

ISRG

12,500 shares

ISRG

Jul 30, 2024

Charity