Medline CEO Jim Boyle received $4.3 million in total compensation for 2024, but he wasn't the top-paid executive for the year.
As a privately held company, Medline didn't need to publicly report pay packages for its top leaders. However, the company has now disclosed the pay of its senior executives, including potential severance payouts under various scenarios.
Notably, Medline did not disclose pay for its median employee or compare it to the pay of its chief executive, as required by the SEC for publicly traded companies, since it has not yet gone public.
Medline CEO Jim Boyle was not the company’s top-paid executive in 2024.
Author's summary: Medline discloses executive pay ahead of IPO.