MedTech & Diagnostics
Conmed Executive Compensation (FY25)
CNMD · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Patrick Beyer | Latest say-on-pay support = May 18, 2026 | Chief executive pay ratio ◇ To the median employee |
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Data as of October 18, 2026Latest filing (8-K): May 20, 2026
14 filings cited on this page
Method: intel.velarion.ai/methodology
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Velarion Member, one year
350 figures on this page: 340 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Patrick Beyer: $4,300,085 → $7,634,873 (77.6% higher)
Say-on-pay support: 96.9% → 93.8% (3.1 points lower)
CEO pay ratio: 177:1 → 152:1 (14.1% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Conmed's chief executive and what were they paid?
Patrick Beyer was paid $7,634,873 in total compensation as President and Chief Executive Officer for fiscal 2025. Beyer's total was 77.6% higher than the $4,300,085 reported for fiscal 2024.
What was Conmed's say-on-pay result?
Shareholders supported the say-on-pay proposal with 93.8% of votes cast for or against in favor at the meeting held May 18, 2026 for fiscal 2025.
Which companies are in Conmed's peer group?
Companies named in the disclosed peer group include AtriCure, Inc., Avanos Medical, Inc., Enovis Corporation, Globus Medical, Inc. and Haemonetics Corporation, among others.
What is Conmed's chief executive pay ratio?
The company reported a chief executive pay ratio of 152:1 for fiscal 2025, against median employee compensation of $50,348.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Curt Hartman Chair of the Board, President & Chief Executive Officer | ◇ | — | — | ◇ | ◇ | — | ◇ | ◇ |
Patrick Beyer President, CONMED International & Global Orthopedics 7 | ◇ | ◇ | — | ◇ | ◇ | — | ◇ | ◇ |
Todd Garner Executive Vice President and Chief Financial Officer | ◇ | ◇ | — | ◇ | ◇ | — | ◇ | ◇ |
Stanley Peters Vice President & General Manager, U.S. Advanced Surgical | ◇ | ◇ | — | ◇ | ◇ | — | ◇ | ◇ |
Heather Cohen Executive Vice President & Chief Human Resources and Legal Officer | ◇ | — | — | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Curt Hartman Chair, President & Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Patrick Beyer President, International & Global Orthopedics | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Todd Garner Executive Vice President, Finance and Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Stanley Peters President, Advanced Surgical & Advanced Endoscopic Technologies | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Heather Cohen Executive Vice President & Chief Human Resources and Legal Officer & Secretary | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Curt Hartman Chair, President & Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Todd Garner Executive Vice President, Finance and Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Patrick Beyer Chief Operating Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Stanley Peters President, Advanced Surgical & Advanced Endoscopic Technologies | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Heather Cohen Executive Vice President & Chief Human Resources and Legal Officer & Secretary | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Peter Shagory EVP Strategy & Corp Development | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Brent Lalomia Vice President, Quality Assurance, Regulatory Affairs, Customer Experience, and Logistics | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Patrick Beyer President and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Todd Garner Executive Vice President, Finance and Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Hollie Foust Executive Vice President, General Counsel and Corporate Secretary | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Brent Lalomia Executive Vice President, Regulatory Affairs, Quality Assurance, Clinical Affairs, and Commercial Operations | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Peter Shagory Executive Vice President, Strategy and Corporate Development | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Brent Lalomia | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Brent Lalomia | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Hollie Foust | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Hollie Foust | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Patrick J. Beyer | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Patrick J. Beyer | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Peter K. Shagory | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Peter K. Shagory | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Todd W. Garner | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Todd W. Garner | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2022, 2023 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Peter Shagory | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/1/2032 | |
| Option | ◇ | — | ◇ | 3/1/2027 | |
| Option | ◇ | — | ◇ | 3/1/2034 | |
| Option | ◇ | — | ◇ | 3/1/2029 | |
| Option | ◇ | — | ◇ | 3/1/2028 | |
| Option | ◇ | — | ◇ | 3/1/2033 | |
| Option | ◇ | — | ◇ | 3/2/2030 | |
| Option | ◇ | — | ◇ | 3/3/2035 | |
| Option | ◇ | — | ◇ | 3/1/2031 | |
| Todd Garner | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 3/1/2031 | |
| Option | ◇ | — | ◇ | 3/1/2033 | |
| Option | ◇ | — | ◇ | 3/1/2034 | |
| Option | ◇ | — | ◇ | 3/3/2035 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/1/2032 | |
| Brent Lalomia | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 3/1/2033 | |
| Option | ◇ | — | ◇ | 6/17/2029 | |
| Option | ◇ | — | ◇ | 3/3/2035 | |
| Option | ◇ | — | ◇ | 3/1/2032 | |
| Option | ◇ | — | ◇ | 3/1/2034 | |
| Option | ◇ | — | ◇ | 3/1/2031 | |
| Option | ◇ | — | ◇ | 3/2/2030 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Patrick Beyer | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 3/1/2034 | |
| Option | ◇ | — | ◇ | 3/1/2033 | |
| Option | ◇ | — | ◇ | 3/1/2032 | |
| Option | ◇ | — | ◇ | 4/24/2034 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/1/2031 | |
| Option | ◇ | — | ◇ | 1/2/2035 | |
| Hollie Foust | Option | ◇ | — | ◇ | 3/3/2035 |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Mark Kaye | ◇ | ◇ | ◇ | — | — | — | ◇ |
LaVerne H. Council Board chair | ◇ | ◇ | ◇ | — | — | — | ◇ |
Barbara J. Schwarzentraub | ◇ | ◇ | ◇ | — | — | — | ◇ |
David Bronson | ◇ | ◇ | ◇ | — | — | — | ◇ |
Brian P. Concannon | ◇ | ◇ | ◇ | — | — | — | ◇ |
Charles M. Farkas | ◇ | ◇ | ◇ | — | — | — | ◇ |
Martha Goldberg Aronson | ◇ | ◇ | ◇ | — | — | — | ◇ |
Kim Kelderman | ◇ | ◇ | ◇ | — | — | — | ◇ |
Dr. John L. Workman | ◇ | — | — | — | — | — | ◇ |
Patrick J. Beyer served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Equity is delivered as Stock Options (80%) and RSUs (20%).
Stock ownership guideline: 5x annual Board retainer fee
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- AtriCure, Inc. ATRC
- Avanos Medical, Inc. AVNS
- Enovis Corporation ENOV
- Globus Medical, Inc. GMED
- Haemonetics Corporation HAE
- ICU Medical, Inc. ICUI
- Integra LifeSciences Holdings Corporation IART
- LivaNova PLC LIVN
- Masimo Corporation MASI
- Merit Medical Systems, Inc. MMSI
- Penumbra, Inc. PEN
- Teleflex Incorporated TFX
- Varex Imaging Corporation VREX
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 18, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 20, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 22, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 24, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 25, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 19, 2021 | = | ◇ | ◇ | ◇ |
| 2018 | May 22, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 23, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | May 24, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | May 25, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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- Patrick Beyer (President and Chief Executive Officer), FY2025 total compensation $7,634,873 (base salary $891,100) [exec_comp, SEC accession 0000816956-26-000047, filed 2026-04-07]What this page does not include
Everything above is a fact Conmed disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Conmed sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
350 figures on this page: 340 cited to the filing that reported them, 10 calculated from figures it prints.
340 cited to the filing
10 calculated from the filing
Documents cited
- 0000816956-26-000057Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000816956-26-0000472025 Non-Employee Director Compensation Table · Director Compensation · Grants of Plan-Based Awards · Grants of Plan-Based Awards Table in 2025 · and 2 more sections
- 0001174947-25-000828Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-25-075693Summary Compensation Table
- 0001104659-24-064334
- 0001193125-24-089093Summary Compensation Table
- 0001193125-23-152961
- 0001193125-23-097090SUMMARY COMPENSATION TABLE
- 0001193125-22-159963
- 0001193125-21-167763Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001174947-19-000723Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001174947-18-000866Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001174947-17-000927Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001174947-16-002738Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “Conmed executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/CNMD (accessed 2026).
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14 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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MedTech & Diagnostics rankings
Peers Conmed discloses
The companies named in CNMD's own disclosed peer group.
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}