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J. Raymond Elliott 
Boston Scientific (BSX) |
2009 Annual Comp.
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$33,370,458
$3,974,058
$0
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Base Salary |
$598,356 |
| Cash Bonus |
$2,107,766 |
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Stock Gains
Stock Expense
Stock Granted
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$14,164,400
$0
$0
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Options Gains
Options Expense
Options Granted
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$15,232,000
$0
$0
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| Other |
$1,267,936 |
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FYE 12/31/09 |
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Biography
J. Raymond Elliott became our President, Chief Executive Officer and director in July 2009. He had previously served as a non-employee director of our Board from September 2007 to May 2009. Mr. Elliott was the Chairman of Zimmer Holdings, Inc. until November 2007 and was Chairman, President and Chief Executive Officer of Zimmer Holdings, Inc. from March 2001 to May 2007. Mr. Elliott was appointed President of Zimmer, Inc. in November 1997. Mr. Elliott has more than 35 years of experience in orthopedics, medical devices and consumer products. He has served as a director on more than 20 business-related boards in the U.S., Canada, Japan and Europe and has served on six occasions as Chairman. He has served as a member of the board of directors and chair of the orthopedic sector of the Advanced Medical Technology Association (AdvaMed) and was a director of the Indiana Chamber of Commerce, the American Swiss Foundation and Bausch & Lomb Corporation. Mr. Elliott has served as the Indiana representative on the President's State Scholars Program and as a trustee of the Orthopaedic Research and Education Foundation (OREF). He holds a bachelor's degree from the University of Western Ontario, Canada. Mr. Elliott's qualifications to serve on our Board include his current experience as our CEO leading the day to day operations of our Company. In addition, Mr. Elliott's qualifications include his prior experience serving our Board from 2007 to 2009, as well as his prior experience as CEO of Zimmer Holdings, Inc., his extensive domestic and international financial, sales, management and operating executive experience in the orthopedic, medical device and consumer products markets. He is particularly experienced in driving operational excellence within highly regulated industries.
| Board Memberships |  | Boston Scientific Member of the Board of Directors | | Former Named Executive Positions |  | Zimmer Holdings Former Chief Executive Officer | | Former Board Affiliations |  | Zimmer Holdings Chair of the Board |
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Accumulated Wealth
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Total |
$1,166,652 |
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Equity Holdings |
$1,064,376 |
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Pension Balance |
$102,276 |
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Deferred Comp. Balance |
$0 |
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