Align Technology’s Invisalign orthodontic treatment is regulated as a Class II medical device by the FDA. [Image courtesy of Align Technology]
The dental device developer was the world’s 32nd-largest medical device company on the latest Medical Design & Outsourcing Medtech Big 100 ranking by revenue.
That ranking was based on the company’s 2024 revenue of just under $4 billion. In 2025, Align Technology reported $4.03 billion in revenue, up almost 1% from the year before.
Align Technology is feeling pressure from competitors. The company filed patent infringement lawsuits against Shanghai-based Angelalign Technology in August 2025. And In July 2026, the European Commission opened a formal antitrust investigation into the company to assess a potential breach of European Union competition rules, following a complaint filed by a competitor.
Recruiting and retaining top talent — both at the executive and engineering level — is crucial in the medtech industry, but employee compensation is kept secret in most cases. Medical Design & Outsourcing tracks and analyzes these pay figures when disclosed by major device developers and manufacturers.
Align Technology executive pay
Align Technology President and CEO Joseph Hogan [Photo courtesy of Align Technology]
Align Technology President and CEO Joseph Hogan received $19.2 million in total compensation for 2025, down nearly 30% from $27.3 million the year before.
His compensation included a $1.4 million salary, $16.6 million in stock awards, a $1.2 million cash performance bonus and $17,016 in other compensation.
Hogan’s other compensation included $10,500 in 401(k) matching contributions, $4,560 for air travel, $1,728 in life insurance premiums and $228 in other reimbursements. The company said in the filing that reimbursement payments for its named executive officers included medical expenses, Invisalign treatment, and inventor awards.
Align Technology Global Finance EVP and CFO John Morici [Photo courtesy of Align Technology]
His compensation included a $697,692 salary, $4.7 million in stock awards, a $305,025 cash performance bonus and $21,783 in other compensation.
Morici’s other compensation included $10,500 in 401(k) matching contributions, $8,424 in airfare travel costs, $1,707 in other reimbursements and $1,152 in life insurance premiums.
Align Technology EVP, Chief Legal and Regulatory Officer Julie Coletti received $4.5 million in total compensation for 2025, down 6% from $4.8 million the year before.
Her compensation included a $644,231 salary, $3.5 million in stock awards, a $283,238 cash performance bonus and $13,652 in other compensation.
Align Technology EVP, Chief Legal and Regulatory Officer Julie Coletti [Photo courtesy of Align Technology]
Coletti will resign from her role at Align Technology as of Aug. 1, 2026, to become chief legal officer at biotech company Illumina.
Former Align Technology Global Human Resources EVP Stuart Hockridge received $2.8 million in total compensation for 2025, down 20% from $3.5 million the year before.
His compensation included a $537,692 salary, $2 million in stock awards, a $235,305 cash performance bonus and $17,872 in other compensation.
Former Align Technology Global Human Resources EVP Stuart Hockridge [Photo courtesy of Align Technology]
Hockridge was terminated without cause effective May 2026 and could receive severance payments and benefits worth up to $4.2 million. He joined the company in 2016.
“The intent of the compensation mix is to attract and retain high-caliber executives in a competitive market for talent and encourage our executive management to implement strategies and take actions in the long-term best interests of the company and our stockholders,” the company said in the filing.
Align Technology median employee pay and CEO pay ratio
The SEC requires publicly traded companies to calculate the gap between CEO compensation and pay for its median employee.
Align Technology calculated its median employee wage at $31,454, up 29% from $24,348 the year before.
The median wage and Hogan’s $19.2 million pay package puts Align Technology’s CEO pay at 610 times more than the median employee, closing the gap from a 1,122:1 ratio the year before.
Align Technology identified its median employee as a tool crib supervisor working in a manufacturing facility in Juarez, Mexico. The company said it used the same position for its median employee calculation the year before.
Shareholders overwhelmingly voted in support of the company’s executive pay at Align Technology’s annual meeting in May 2026.
More medtech compensation analysis for CEOs, top-paid executives and median workers
- CooperCompanies reports double-digit pay increase for its median employee
- Teleflex executive pay disclosure includes severance payouts after $2B sale
- Globus Medical’s executives and median employee got big pay increases in 2025
- Dexcom’s latest executive pay disclosure covers new CEO’s big year
- Solventum executive pay disclosure includes $11M severance for ex-MedSurg leader
- Edwards Lifesciences reports double-digit pay increases for executives and median employee
- Zimmer Biomet discloses executive pay and double-digit increase for its median employee
- Siemens Healthineers CEO and HR leader got double-digit pay increases
- Alcon increases executive comp budget to close ‘transatlantic pay gap’
- Accendra Health (formerly Owens & Minor) discloses executive pay
- Baxter discloses executive pay under new CEO and golden parachute for the last CEO
- Stryker pay drops for top executives and the median employee
- Henry Schein discloses exec pay for longtime CEO Stan Bergman’s final year
- Abbott’s device leader pay climbs again with double-digit sales growth
