GE HealthCare President and CEO Peter Arduini [Photo courtesy of GE HealthCare]
The Chicago-based company reported higher pay for its median employee and most top executives. GE Healthcare President and CEO Peter Arduini was the only executive with a decrease in total compensation, primarily due to a decrease in stock awards.
GE HealthCare is the world’s sixth-largest medical device company, according to our 2025 Medtech Big 100 ranking by revenue. After that ranking, GE HealthCare reported $20.6 billion in 2025 revenue, up 5% from $19.7 billion in the previous year.
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.
“2025 was a year of disciplined execution and operational resilience as our industry continued to navigate a dynamic global environment, including tariffs,” GE HealthCare said in the disclosure. “In light of these challenges, our teams moved with speed and agility to mitigate impact, while delivering strong commercial execution and progress on our innovation pipeline.”
GE HealthCare executive pay
GE HealthCare President and CEO Peter Arduini received $18.6 million in total compensation for 2025, down 5% from $19.5 million the year before.
Arduini’s pay package included a $1.3 million salary, stock awards of $11.2 million, option awards of $3.6 million, a $2.1 million cash performance bonus and a $6,131 change in pension value.
GE HealthCare Chief Science and Technology Officer Taha Kass-Hout [Photo courtesy of GE HealthCare]
GE HealthCare Chief Science and Technology Officer Taha Kass-Hout received $6 million in total compensation, a 5% increase from $5.7 million the year before.
Kass-Hout’s pay package included a $897,124 salary, stock awards of $3.1 million, option awards of $1 million and a $909,000 cash performance bonus. He received $93,233 in other compensation including, $70,523 Restoration Plan credits, $17,500 in retirement contributions and $5,200 for financial and tax planning.
Kass-Hout also received a one-time cash award of $3,250 from the company in recognition of patent filings and publication.
GE HealthCare VP and CFO Jay Saccaro [Photo courtesy of GE HealthCare]
Saccaro’s 2025 pay package included a $890,415 salary, stock awards of $3 million, option awards of $974,978 and a $909,000 cash performance bonus. He also received $93,233 in other compensation, including $66,310 in Restoration Plan credits, $24,500 in retirement contributions and a $2,423 reimbursement for an annual executive physical examination.
GE HealthCare General Counsel and Corporate Secretary Frank Jimenez [Photo courtesy of GE HealthCare]
Jimenez’s pay package included a $890,415 salary, stock awards of $3 million, option awards of $874,977 and a $909,000 cash performance bonus. He also received $108,310 in other compensation, including $66,310 in Restoration Plan credits, $15,000 in financial and tax planning, $24,500 in retirement contributions and $2,500 in matching charitable gift contributions.
GE HealthCare Patient Care Solutions (PCS) President and CEO Jeannette Bankes [Photo courtesy of GE HealthCare]
Her 2025 pay package also included salary of $439,936 (prorated based on an annual salary of $675,000), stock awards of $3.7 million (including $2.2 million for equity forfeited by leaving Alcon), stock options of $499,982, a $363,923 cash performance bonus and a cash sign-on award of $160,000.
Bankes received $171,804 in other compensation, including relocation benefits worth $124,657, relocation tax benefits of $17,386, $6,296 in Restoration Plan credits and $23,465 in retirement contributions.
GE HealthCare’s median worker pay and CEO pay ratio
The U.S. Securities and Exchange Commission requires publicly traded companies to calculate the gap between CEO compensation and pay for its median employee.
GE HealthCare calculated its median employee wage at $76,951 for 2025, up 5% from $73,078 from the year before.
The latest median employee pay figure put GE HealthCare’s CEO pay at 241 times more than its median employee’s pay. That pay gap narrowed from 267:1 the year before.
At other medtech companies that offer more details about their median workers than required by the SEC pay disclosure rules, those median medtech workers often hold technical roles such as device design or engineering.
GE HealthCare investors will cast advisory “say-on-pay” votes on the company’s executive compensation practices at the May 7, 2026 annual meeting. Investors overwhelmingly voted in support of the company’s executive pay practices last year.
More medtech compensation analysis for CEOs, top-paid executives and median workers
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