J. Raymond Elliott was the CEO of Boston Scientific from 2009 to 2011. He came to Boston Scientific after leading Zimmer Holdings, where he gained valuable experience. When he joined Boston Scientific, he received a sign-on bonus of $1.5 million...
J. Raymond Elliott was the CEO of Boston Scientific from 2009 to 2011. He came to Boston Scientific after leading Zimmer Holdings, where he gained valuable experience. When he joined Boston Scientific, he received a sign-on bonus of $1.5 million and a salary of $1.2 million. Elliott’s pay was mostly connected to the company’s performance, highlighting a focus on making the business grow. In 2011, he earned a total of over $2.6 million, mainly from his salary and stock units, but no cash bonuses were given that year because performance did not meet targets. His peak earnings came in 2010, where he made about $4.9 million, including stock options that he granted in previous years. Even after retiring, Elliott stayed connected with Boston Scientific by serving on its board. He held over 600,000 shares of the company, illustrating a strong commitment to his work. By 2024, those shares were worth more than $49 million. This shows how he believes in the company and its potential for success. His career reflects significant leadership skills and financial expertise over the years, focusing on long-term results for the companies he managed.