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...

Current Market Cap

$172.26B

Number of Employees

13.68K

Total Compensation

2006 - 2010

Trending up by 164.26% last year
Showing total compensation for the last 2006 - 2010

Stock

Up by 0.00% last year

Salary

Down by -50.86% last year

Bonus

Down by -75.13% last year

Other

Up by 0.00% last year

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.

SEC Filing

From March 1, 2011