Paul R. Gudonis serves as the Chief Executive Officer and Chairman of Myomo, Inc. since December 2016. Across his career, he stands out for his strategic agreements and performance-driven leadership in the business field. In 2023, his total compensation reached...
Paul R. Gudonis serves as the Chief Executive Officer and Chairman of Myomo, Inc. since December 2016. Across his career, he stands out for his strategic agreements and performance-driven leadership in the business field. In 2023, his total compensation reached around $14.5 million, driven primarily by vested stock options valued at over $18 million. This commitment to aligning his financial success with the company’s performance underlines the competitive culture he fosters. Gudonis entered a renewed employment agreement in late 2023, ensuring his leadership through at least 2026, showcasing stability for Myomo. He has a significant history with Coterra Energy, where he built a reputation for performance-based earnings, reporting compensation fluctuations influenced heavily by stock performance. His approach emphasizes results, as seen in his incentivized compensation structure that includes bonuses tied to clear operational and strategic goals. Gudonis actively trades in company stock, showing confidence in his leadership and the company’s direction, with notable trading activity peaking between 2019 and 2022. Overall, his financial stakes in Myomo suggest a strong belief in the company’s future, which is something stakeholders likely appreciate.