United States

People: Merit Medical Systems Inc (MMSI.OQ)

MMSI.OQ on NASDAQ Stock Exchange Global Select Market

24 May 2017
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Stanger, Kent 

Mr. Kent W. Stanger is Director of the Company. He was Chief Financial Officer, Secretary, Treasurer of Merit Medical Systems, Inc., since 1987. Prior to joining the Company, Mr. Stanger was the controller for Utah Medical Products, Inc., a medical device manufacturer, from 1985 to August 1987. Prior to 1985, he was the corporate controller for Laser Corporation, American Laser and Modulaire Industries, Inc., and was a practicing certified public accountant from 1979 through 1982 with Hansen, Barnett and Maxwell, a Utah accounting firm. Mr. Stanger received a Bachelor of Arts degree in accounting from Weber State University in 1978. Mr. Stanger serves as a member of the board of directors and executive committee of the Utah Taxpayers Association. Mr. Stanger was a founder of the Company and, through more than 25 years of service as the principal financial manager of the Company, has developed a broad understanding of the Company’s business and operations, as well as the markets in which the Company competes. The Board values Mr. Stanger’s accounting and financial management skills, and benefits greatly from his participation in the Board’s deliberations, as well as his ability to implement the strategic objectives identified by the Board. Along with Mr. Lampropoulos, Mr. Stanger plays an important role in communicating the expectations, advice, concerns and encouragement of the Board to the Company’s employees.

Basic Compensation

Total Annual Compensation, USD 453,654
Restricted Stock Awards, USD 39,907
Long-Term Incentive Plans, USD --
All Other, USD 5,850
Fiscal Year Total, USD 499,411

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --