Joe Dziedzic has been the CEO of Integer Holdings Corporation (NYSE:ITGR) since 2017. First, this article will compare CEO compensation with compensation at similar sized companies. After that, we will consider the growth in the business. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This method should give us information to assess how appropriately the company pays the CEO.
How Does Joe Dziedzic's Compensation Compare With Similar Sized Companies?
At the time of writing, our data says that Integer Holdings Corporation has a market cap of US$2.4b, and reported total annual CEO compensation of US$5.4m for the year to December 2018. While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at US$869k. Importantly, there may be performance hurdles relating to the non-salary component of the total compensation. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of US$2.0b to US$6.4b. The median total CEO compensation was US$5.1m.
So Joe Dziedzic receives a similar amount to the median CEO pay, amongst the companies we looked at. While this data point isn't particularly informative alone, it gains more meaning when considered with business performance.
You can see a visual representation of the CEO compensation at Integer Holdings, below.
Is Integer Holdings Corporation Growing?
Integer Holdings Corporation has increased its earnings per share (EPS) by an average of 58% a year, over the last three years (using a line of best fit). In the last year, its revenue is up 3.5%.
This shows that the company has improved itself over the last few years. Good news for shareholders. It's nice to see a little revenue growth, as this is consistent with healthy business conditions. Shareholders might be interested in this free visualization of analyst forecasts.
Has Integer Holdings Corporation Been A Good Investment?
I think that the total shareholder return of 243%, over three years, would leave most Integer Holdings Corporation shareholders smiling. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size.
Joe Dziedzic is paid around what is normal the leaders of comparable size companies.
Shareholders would surely be happy to see that shareholder returns have been great, and the earnings per share are up. Although the pay is a normal amount, some shareholders probably consider it fair or modest, given the good performance of the stock. So you may want to check if insiders are buying Integer Holdings shares with their own money (free access).
Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies, that have HIGH return on equity and low debt.
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