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Lonnie M. Smith is the Former CEO and current Chairman of Intuitive Surgical, a company that has changed the way surgery is performed through robotic systems. He has a long history with the company, starting his journey in 1996 before...

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Lonnie M. Smith

Ex-CEO of Intuitive Surgical

Education

N/A

Sector of Economy

Healthcare

Born

November 30, 1953 - 71 years ago

CEO of Intuitive Surgical for

13 years 0 months (Jan 1997 - Jan 2010)

Previous Experience

Prior to joining Intuitive, Mr. Smith was a senior executive at Hillenbrand Industries.

Holdings

See how much did Lonnie M. Smith make over time.

Lonnie M. Smith holds around 300,000 shares of Intuitive Surgical. His wealth peaked significantly during his tenure as CEO, peaking in 2008 when he earned $4.4 million. This amount reflects how his compensation was strongly tied to the company's performance....

Mar 17, 2025

Total Stock Sold

$50.26M

ISRG

$50.26M

1,587,357 ISRG shares

What if they kept their stock?

If Lonnie M. Smith didn't sell their stock, today they would have:
Extra ISRG1,587,357 shares worth $266.56M.
This is 430.35% and $216.30M more than what they got when they sold the stock.

Charitable Transactions

ISRG

3,525,069 shares

ISRG

Recent Charitable Transactions

ISRG

4,700 shares

ISRG

Feb 14, 2020

Charity

ISRG

34,241 shares

ISRG

Jan 28, 2020

Charity

ISRG

93,049 shares

ISRG

Nov 1, 2019

Charity

ISRG

743 shares

ISRG

Oct 23, 2019

Charity

ISRG

83,284 shares

ISRG

May 23, 2019

Charity

ISRG

10,071 shares

ISRG

Jan 29, 2019

Charity

Insider Trading

See recent insider trades of Lonnie M. Smith.

ISRG

4,700 shares

ISRG

Feb 14, 2020

Charity

ISRG

$16.94M

ISRG at $600.72/share

Feb 14, 2020

Sale

ISRG

34,241 shares

ISRG

Jan 28, 2020

Charity

ISRG

$4.80M

ISRG at $597.80/share

Jan 28, 2020

Sale

ISRG

23,762 shares

ISRG

Jan 28, 2020

Charity

ISRG

93,049 shares

ISRG

Nov 1, 2019

Charity

ISRG

90,084 shares

ISRG

Nov 1, 2019

Charity

ISRG

$113.67K

ISRG at $554.49/share

Oct 23, 2019

Sale

ISRG

743 shares

ISRG

Oct 23, 2019

Charity

ISRG

743 shares

ISRG

Oct 23, 2019

Charity

Compensation History

See how much did Lonnie M. Smith make over time.

In 2008, Lonnie M. Smith received $4.4 million in total compensation, largely driven by a bonus linked to the company’s performance, reflecting his direct impact on Intuitive Surgical’s growth. His pay decreased over the years as he shifted to a role focused more on long-term vision rather than short-term earnings. By 2010, his salary was adjusted to $200,000 after stepping down from the CEO role, showing a move toward a sustainable compensation plan that aligns with the company’s broader goals. This trajectory highlights a transition from high corporate earnings to a focus on strengthening the company’s future.

Year

2010

Total Compensation

$2.35M

Salary

$250.00K

Board Justification

The compensation philosophy aims to attract and retain talented executives while aligning their interests with long-term stockholder value.

Bonus

$95.00K

Board Justification

The bonus was based on the Corporate Incentive Plan (CIP) which was funded at 125% of the total targeted cash amount due to exceeding performance goals.

Other

$0.00

Board Justification

Restricted Stock

$2.01M(18K stock options)

Board Justification

The stock options granted in 2010 that vested are part of the 2010 Incentive Plan, vesting 1/8 at the end of six months and 1/48 per month thereafter.

Performance Metrics

The performance metrics for determining the compensation included revenue growth and operating income targets.

Other Intuitive Surgical CEOs

Here are other CEOs of Intuitive Surgical