Merit Medical Systems, Inc. (MMSI)

70.99 -0.52 (-0.73%) At close: 04:00PM EDT

Merit Medical Systems, Inc.

1600 West Merit Parkway
South Jordan, UT 84095
United States
801 253 1600
https://www.merit.com

Sector(s): Healthcare
Industry: Medical Instruments & Supplies
Full-time employees: 6,950

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Fred P. Lampropoulos	Founder, Chairman, CEO & President	3.24M	7.8M	1950
Mr. Raul Parra Jr., CPA	CFO & Treasurer	1.07M	193.74k	1978
Mr. Neil W. Peterson	Chief Operating Officer	1.01M	642.09k	1967
Mr. Brian G. Lloyd	Chief Legal Officer & Corporate Secretary	958.59k	N/A	1961
Mr. Joseph C. Wright	Chief Commercial Officer	1.11M	N/A	1970
Mr. Jason Treft	Chief Information Officer	N/A	N/A	N/A
Sarah Comstock	Vice President of Global Communications	N/A	N/A	N/A
JoAnne Alkire	Executive Vice President of Global Marketing & Strategy	N/A	N/A	N/A
Mr. Michel J. Voigt	Chief Human Resources Officer	N/A	N/A	1973
Mr. John Knorpp	Chief Regulatory Affairs Officer	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures in the United States and internationally. It operates in two segments, Cardiovascular and Endoscopy. The company provides micropuncture kits, angiographic needles, sheaths, guide wires, and safety products; peripheral intervention, including angiography, drainage, delivery systems, and embolotherapy products; spine products, such as vertebral augmentation, radiofrequency ablation, and bone biopsy systems; oncology products; and cardiac intervention products, such as access, angiography, electrophysiology and cardiac rhythm management, fluid management, hemodynamic monitoring, hemostasis, and intervention to treat various heart conditions. It also offers custom procedural solutions that include critical care products, disinfection protection systems, syringes, manifold kits, and trays and packs; coating services for medical tubes and wires; and sensor components for microelectromechanical systems. In addition, the company provides pulmonary products that consist of laser-cut tracheobronchial stents, over-the-wire and direct visualization delivery systems, and dilation balloons to endoscopically dilate structures; gastroenterology products, such as covered esophageal stents, syringe and gauges, and balloon dilators; and kits and accessories for endoscopy and bronchoscopy procedures. It sells its products to hospitals and alternate site-based physicians, technicians, and nurses through direct sales force, distributors, original equipment manufacturer partners, or custom procedure tray manufacturers. The company was incorporated in 1987 and is headquartered in South Jordan, Utah.

Corporate governance

Merit Medical Systems, Inc.’s ISS governance QualityScore as of 1 April 2024 is 2. The pillar scores are Audit: 1; Board: 4; Shareholder rights: 3; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.