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Ronald Gelbman has a longstanding career in the pharmaceutical industry, where he has made significant contributions. Born in 1948, he became the Interim CEO of Haemonetics Corporation on September 30, 2015, stepping in after the previous CEO left to pursue...

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Ronald Gelbman

Ex-CEO of Haemonetics

Field of Expertise

Healthcare & Life Sciences - Pharmaceuticals

Sector of Economy

Healthcare

Born

January 1, 1948 - 77 years ago

CEO of Haemonetics for

0 years 1 month (Sep 2015 - Oct 2015)

Previous Experience

Retired from Johnson & Johnson after serving in senior executive roles including Worldwide Chairman of the Pharmaceuticals, Diagnostics and Health Systems Groups.

Holdings

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Ronald Gelbman has a rich history in the pharmaceutical sector, particularly through his long-standing relationship with Haemonetics Corporation. Although specific numbers about his holdings are not disclosed, his wealth was significantly tied to the company. He served as the Interim...

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Compensation History

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In 2015, Ronald Gelbman's total compensation as interim CEO of Haemonetics was $398,769, which exclusively comprised his salary. He did not receive any bonuses, stock grants, or options, which is typical for an interim position. His lack of additional perks reflects the company's compensation philosophy, emphasizing performance and aligning with long-term shareholder interests. Although his salary was substantial, it is noteworthy that he didn’t gain extra from stock or other incentive plans during this brief period, indicating his focused role was more about stability than personal gain during a transitional phase for the company. This approach keeps in alignment with his past experiences at major firms like Johnson & Johnson, where executive pay often correlates strongly with performance metrics.

Year

2015

Total Compensation

$398.77K

Salary

$398.77K

Board Justification

The compensation philosophy emphasizes a pay-for-performance culture that aligns executive compensation with the long-term interests of shareholders.

Bonus

$0.00

Board Justification

Mr. Gelbman did not receive a bonus as he was serving in an interim role during a portion of fiscal 2016.

Other

$0.00

Board Justification

No additional compensation was reported for Mr. Gelbman outside of salary.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were granted to Mr. Gelbman during his tenure as Interim CEO.

Performance Metrics

Performance metrics for executive compensation are based on achieving corporate financial goals, including revenue and operating income.