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MedTech & Diagnostics

Edwards Lifesciences Executive Compensation (FY25)

EW · Irvine, CA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 8, 2026
319 figures on this page: 311 cited to the filing that reported them, 8 calculated from figures it prints. See the citations
Bernard Zovighian was paid $17,454,255 in total compensation as Chief Executive Officer and Director for fiscal 2025, and Zovighian's total moved 19.7% higher from the $14,579,474 reported for fiscal 2024. The say-on-pay proposal drew 89.3% support at the meeting held May 7, 2026 for fiscal 2025. The disclosed peer group includes Abbott Laboratories, Agilent Technologies, Inc., Align Technology, Inc., Baxter International Inc. and Becton, Dickinson and Company, among others. The company reported 6 named executive officers for fiscal 2025.
Chief executive, fiscal 2025
◇
Bernard Zovighian
Median of the other named officers
$4,695,742
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 7, 2026
Chief executive pay ratio
◇
To the median employee
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 — Bernard Zovighian: $14,579,474 → $17,454,255 (19.7% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Edwards Lifesciences' chief executive and what were they paid?
Bernard Zovighian was paid $17,454,255 in total compensation as Chief Executive Officer and Director for fiscal 2025. Zovighian's total moved 19.7% higher from the $14,579,474 reported for fiscal 2024.
What was Edwards Lifesciences' say-on-pay result?
The say-on-pay proposal drew 89.3% support at the meeting held May 7, 2026 for fiscal 2025.
Which companies are in Edwards Lifesciences' peer group?
The disclosed peer group includes Abbott Laboratories, Agilent Technologies, Inc., Align Technology, Inc., Baxter International Inc. and Becton, Dickinson and Company, among others.
What is Edwards Lifesciences' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 194:1, against median employee compensation of $89,827.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Scott Ullem
Corporate Vice President, Chief Financial Officer
◇—◇◇◇—◇◇
Larry Wood
Corporate Vice President, Transcatheter Heart Valves
◇◇◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Bernard Zovighian
Chief Executive Officer
◇—◇◇◇—◇◇
Scott Ullem
Corporate Vice President, Chief Financial Officer
◇—◇◇◇—◇◇
Larry Wood
Corporate Vice President, Transcatheter Heart Valves
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Bernard Zovighian
Chief Executive Officer
◇—◇◇◇—◇◇
Scott Ullem
Corporate Vice President, Chief Financial Officer
◇—◇◇◇—◇◇
Larry Wood
Corporate Vice President, Transcatheter Heart Valves
◇—◇◇◇—◇◇
Daveen Chopra
Corporate Vice President, Transcatheter Mitral and Tricuspid Therapies
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Bernard Zovighian
Chief Executive Officer and Director
◇—◇◇◇—◇◇
Scott Ullem
Corporate Vice President, Chief Financial Officer
◇—◇◇◇—◇◇
Larry Wood
Former Corporate Vice President and Group President, Transcatheter Aortic Valve Replacement and Surgical Structural Heart
Departed during or after this year
◇—◇◇◇—◇◇
Daveen Chopra
Corporate Vice President, Transcatheter Mitral and Tricuspid Therapies
◇—◇◇◇—◇◇
Donald Bobo
Corporate Vice President, Strategy & Corporate Development
◇—◇◇◇—◇◇
Annette Brüls
Corporate Vice President, EMEACLA
◇—◇◇◇◇◇◇
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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Bernard ZovighianPSU◇—◇———◇
Bernard ZovighianPSU◇—◇———◇
Bernard ZovighianOPTION◇——◇—◇◇
Daveen ChopraOPTION◇——◇—◇◇
Daveen ChopraPSU◇—◇———◇
Larry WoodPSU◇—◇———◇
Larry WoodOPTION◇——◇—◇◇
Larry WoodPSU◇—◇———◇
Scott B. UllemPSU◇—◇———◇
Scott B. UllemPSU◇—◇———◇
Scott B. UllemOPTION◇——◇—◇◇
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
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Bernard ZovighianOption◇—◇05/10/2030
Option◇—◇05/07/2032
Option◇—◇05/06/2031
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇05/02/2029
RSU◇◇——
RSU◇◇——
RSU◇◇——
Scott UllemRSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇05/10/2030
RSU◇◇——
PSU◇◇——
Option◇—◇05/07/2032
Option◇—◇05/02/2029
Option◇—◇05/06/2031
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Daveen ChopraRSU◇◇——
RSU◇◇——
Option◇—◇05/06/2031
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇05/07/2032
RSU◇◇——
RSU◇◇——
Option◇—◇05/10/2030
Option◇—◇05/02/2029
RSU◇◇——
RSU◇◇——
Annette BrülsRSU◇◇——
RSU◇◇——
Option◇—◇05/07/2032
PSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇07/10/2031
Donald BoboRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇05/07/2032
RSU◇◇——
Option◇—◇05/10/2030
Option◇—◇05/06/2031
Larry WoodRSU◇◇——
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
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Nicholas J. Valeriani
Board chair
◇◇————◇
Leslie S. Heisz
◇◇————◇
Paul A. LaViolette
◇◇————◇
Kieran T. Gallahue
◇◇————◇
David T. Feinberg
◇◇————◇
Ramona Sequeira
◇◇————◇
Steven R. Loranger
◇◇————◇
Leslie C. Davis
◇◇————◇
Bernard Zovighian 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.
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.
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Nominating and governance chair◇
Board meeting fee◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Abbott Laboratories ABT
  • Agilent Technologies, Inc. A
  • Align Technology, Inc. ALGN
  • Baxter International Inc. BAX
  • Becton, Dickinson and Company BDX
  • Boston Scientific Corporation BSX
  • DexCom, Inc. DXCM
  • GE Healthcare Technologies Inc. GEHC
  • Hologic, Inc. HOLX
  • IDEXX Laboratories, Inc. IDXX
  • Illumina, Inc. ILMN
  • Intuitive Surgical, Inc. ISRG
  • Medtronic plc MDT
  • ResMed Inc. RMD
  • Stryker Corporation SYK
  • The Cooper Companies, Inc. COO
  • Zimmer Biomet Holdings, Inc. ZBH

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 7, 2026=◇◇◇
2024May 8, 2025=◇◇◇
2023May 7, 2024=◇◇◇
2022May 11, 2023=◇◇◇
2021May 3, 2022=◇◇◇
2020May 4, 2021=◇◇◇
2019May 7, 2020=◇◇◇
2018May 8, 2019=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Edwards Lifesciences disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Edwards Lifesciences 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 — $1,500
Written 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 — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
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.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
319 figures on this page: 311 cited to the filing that reported them, 8 calculated from figures it prints.
311 cited to the filing
8 calculated from the filing

Documents cited

  1. 0001099800-26-000028
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001099800-26-000015
    CEO Pay Ratio · Director Compensation · Director Compensation Table – 2025 · Grants of Plan-Based Awards in Fiscal Year 2025 · and 2 more sections
  3. 0001099800-25-000026
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001099800-25-000013
    Summary Compensation Table
  5. 0001099800-24-000045
  6. 0001099800-24-000032
    Summary Compensation Table
  7. 0001193125-23-144564
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001099800-23-000013
    Summary Compensation Table
  9. 0001193125-22-140622
  10. 0001193125-21-151848
  11. 0001193125-20-137597
  12. 0001193125-19-141632
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Velarion, “Edwards Lifesciences executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/EW (accessed 2026).
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MedTech & Diagnostics rankings

Chief executive pay — MedTech & DiagnosticsCEO pay ratio — MedTech & DiagnosticsSay-on-pay support — MedTech & Diagnostics

Peers Edwards Lifesciences discloses

The companies named in EW's own disclosed peer group.

Abbott LaboratoriesAgilent Technologies, Inc.Align Technology, Inc.Baxter International Inc.Becton, Dickinson and CompanyBoston Scientific CorporationDexCom, Inc.GE Healthcare Technologies Inc.Hologic, Inc.Illumina, Inc.Intuitive Surgical, Inc.Medtronic plcResMed Inc.Stryker CorporationThe Cooper Companies, Inc.Zimmer Biomet Holdings, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
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}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy