MedTech & Diagnostics
ResMed Executive Compensation (FY26)
RMD · Executive and director compensation, fiscal 2022 to 2026
Chief executive, fiscal 2026 ◇ Michael Farrell | Latest say-on-pay support = November 19, 2025 | Chief executive pay ratio ◇ To the median employee |
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Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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Data as of October 22, 2026Latest filing (DEF 14A): October 1, 2026
12 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Velarion Member, one year
395 figures on this page: 387 cited to the filing that reported them, 8 calculated from figures it prints. See the citations
More on ResMed
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Michael Farrell: $14,674,543 → $16,201,649 (10.4% higher)
Say-on-pay support: 84.3% → 89.9% (5.6 points higher)
CEO pay ratio: 187:1 → 199:1 (6.4% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is ResMed's chief executive and what were they paid?
Total compensation for Michael Farrell, Chief executive officer, came to $16,201,649 in fiscal 2026. Compared with the $14,674,543 reported for fiscal 2025, Farrell's total was 10.4% higher.
What was ResMed's say-on-pay result?
The say-on-pay proposal drew 89.9% of votes cast for or against in favor at the meeting held November 19, 2025 for fiscal 2025.
Which companies are in ResMed's peer group?
The disclosed peer group includes Agilent Technologies, Inc., Align Technology, Inc., Baxter International, Inc., Bio-Rad Laboratories, Inc. and Charles River Laboratories International, Inc., among others. The Australian Peer Group includes Amcor, James Hardie Industries PLC, REA Group and Xero.
What is ResMed's chief executive pay ratio?
For fiscal 2026, the company reported a chief executive pay ratio of 199:1, against median employee compensation of $81,585.
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 |
|---|---|---|---|---|---|---|---|---|
Michael Farrell Chief executive officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Rob Douglas President and chief operating officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Jim Hollingshead President – sleep and respiratory care business | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Brett Sandercock Chief financial officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Bobby Ghoshal President - SaaS business | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
David Pendarvis Chief Administrative Officer and Global General Counsel | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Farrell Chief executive officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Rob Douglas President and chief operating officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Lucile Blaise President - Sleep and | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Bobby Ghoshal President - SaaS business | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Brett Sandercock Chief financial officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Farrell Chief executive officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Justin Leong Chief product officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Brett Sandercock Former chief financial officer and special advisor to CEO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Michael Rider Global general counsel and secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Farrell Chairman of the Board and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Justin Leong Chief Product Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Bobby Ghoshal Chief Commercial Officer, Residential Care Software | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Brett Sandercock Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Michael Rider Global General Counsel and Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2026
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Farrell Chief executive officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Justin Leong Chief product officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Brett Sandercock Former chief financial officer and special advisor to CEO Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Aaron Bloomer Chief financial officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Michael Rider Global general counsel and secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
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 2026
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Aaron Bloomer | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Aaron Bloomer | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Aaron Bloomer | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Brett Sandercock | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Brett Sandercock | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Brett Sandercock | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Justin Leong | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Justin Leong | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Justin Leong | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Michael Farrell | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Michael Farrell | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Michael Farrell | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Michael Farrell | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Michael Rider | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Michael Rider | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Michael Rider | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
Fiscal 2022, 2023, 2025 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 2026 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Michael Farrell | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Brett Sandercock | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Justin Leong | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Aaron Bloomer | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Michael Rider | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Justin Leong
Chief product officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance multiple | ◇ |
| Severance cash amount | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
Michael Rider
Global general counsel and secretary · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2026
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Peter Farrell | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Ronald Taylor Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Nicole Mowad-Nassar | ◇ | ◇ | ◇ | — | — | — | ◇ |
Christopher DelOrefice | ◇ | ◇ | — | — | — | — | ◇ |
Karen Drexler | ◇ | ◇ | — | — | — | — | ◇ |
Carol Burt | ◇ | ◇ | — | — | — | — | ◇ |
Harjit Gill | ◇ | ◇ | — | — | — | — | ◇ |
Desney Tan | ◇ | ◇ | — | — | — | — | ◇ |
John Hernandez | ◇ | ◇ | — | — | — | — | ◇ |
Jan De Witte | ◇ | ◇ | — | — | — | — | ◇ |
Richard Sulpizio | ◇ | — | — | — | — | — | ◇ |
Michael Farrell served on the board in fiscal 2026 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 | ◇ |
| Total board retainer | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as Rsus/Options.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
- Agilent Technologies, Inc. A
- Align Technology, Inc. ALGN
- Baxter International, Inc. BAX
- Bio-Rad Laboratories, Inc. BIO
- Charles River Laboratories International, Inc. CRL
- Dexcom, Inc. DXCM
- Edwards Lifesciences Corp. EW
- Hologic Inc. HOLX
- IDEXX Laboratories, Inc. IDXX
- Illumina, Inc. ILMN
- Intuitive Surgical, Inc. ISRG
- Mettler-Toledo International Inc. MTD
- Teleflex Incorporated TFX
- The Cooper Companies Inc. COO
- Waters Corporation WAT
Australian Peer Group
- Amcor AMCR
- James Hardie Industries PLC JHX
- REA Group symbol not shown
- Xero XRX
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | November 19, 2025 | = | ◇ | ◇ | ◇ |
| 2024 | November 20, 2024 | = | ◇ | ◇ | ◇ |
| 2023 | November 16, 2023 | = | ◇ | ◇ | ◇ |
| 2022 | November 16, 2022 | = | ◇ | ◇ | ◇ |
| 2021 | November 18, 2021 | = | ◇ | ◇ | ◇ |
| 2020 | November 19, 2020 | = | ◇ | ◇ | ◇ |
| 2019 | November 21, 2019 | = | ◇ | ◇ | ◇ |
| 2018 | November 14, 2018 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
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- Michael Farrell (Chief executive officer), FY2026 total compensation $16,201,649 (base salary $1,272,895) [exec_comp, SEC accession 0000943819-26-000080, filed 2026-10-01]What this page does not include
Everything above is a fact ResMed disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where ResMed 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.
Board Governance Report — $499Realizable 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 IntelligenceAdviser 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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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
395 figures on this page: 387 cited to the filing that reported them, 8 calculated from figures it prints.
387 cited to the filing
8 calculated from the filing
Documents cited
- 0000943819-26-000080Director Compensation · Executive Compensation Tables
- 0001193125-25-289878Proposal 5 Approval of the Amendment and Restatement of the ResMed Inc.
- 0000943819-25-000079Compensation Discussion and Analysis · Summary Compensation Table
- 0001193125-24-263501Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-23-280656Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000943819-23-000019Summary compensation table
- 0001193125-22-287662Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000943819-22-000014Summary compensation table
- 0001193125-21-334941Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-20-299382Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-19-298542Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-18-328956Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “ResMed executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/RMD (accessed 2026).
Short form: data: Velarion
The paid brief for ResMed
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
12 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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MedTech & Diagnostics rankings
Peers ResMed discloses
The companies named in RMD's own disclosed peer group.
Agilent Technologies, Inc.Align Technology, Inc.Baxter International, Inc.Bio-Rad Laboratories, Inc.Charles River Laboratories International, Inc.Dexcom, Inc.Edwards Lifesciences Corp.Hologic Inc.IDEXX Laboratories, Inc.Illumina, Inc.Intuitive Surgical, Inc.Mettler-Toledo International Inc.Teleflex IncorporatedThe Cooper Companies Inc.Waters CorporationAmcorJames Hardie Industries PLCXero
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Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
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}
}