STAT+: Edwards Lifesciences chief tops list of highest-paid medical device CEOs

The highest-paid device CEO last year was Michael Mussallem of Edwards Lifesciences, which primarily makes heart devices.

Medical device executives generally made less in 2021 than in 2020, as the pandemic again led people to delay some surgeries for conditions that are not life-threatening but require implanted devices. That stunted some companies’ predictions on revenue and earnings. Still, 22 CEOs from this cohort took home at least $10 million last year.

The 10 highest-earning medical device CEOs made $567 million in 2020, led by a $210 million windfall for Joe Kiani of Masimo, who previously said Covid-19 brought “unprecedented demand” for the company’s oxygen saturation and monitoring devices.

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