Hank Kucheman is the former CEO of Boston Scientific Corporation, a major player in the medical device industry known for producing innovative, less invasive solutions for healthcare. Kucheman took charge as interim CEO at a critical time while the company...

Number of Employees

48K

Year

2012

Total Compensation

$4.37M

Salary

$900.00K

Board Justification

The compensation philosophy emphasizes alignment with company performance and retention strategies, with a significant portion of compensation tied to performance metrics.

Bonus

$0.00

Board Justification

No cash bonuses were paid to Mr. Kucheman in 2012.

Other

$1.89M

Board Justification

Includes accrued vacation payout and other retirement benefits.

Restricted Stock

$1.57M(272.21K service-based DSUs)

Board Justification

272,207 shares of service-based DSUs vested upon retirement on December 31, 2012.

Performance Metrics

The performance metrics for 2012 included adjusted EPS and SFX net sales.

SEC Filing

From March 26, 2013

Hank Kucheman

Ex-CEO of Boston Scientific

HK

Education

Bachelor's degree in Business Administration from the University of Florida

Field of Expertise

Business & Management

Born

December 31, 1951 - 73 years ago

Is Founder?

No

Tenure

0 years 10 months (Dec 2011 - Nov 2012)

Previous Experience

Executive Vice President and Group President of Cardiology, Rhythm and Vascular Group