Medline Discloses Executive Pay Ahead of IPO
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 was not required to publicly report pay packages for its top leaders. However, with its upcoming IPO, the company has disclosed executive pay and potential severance payouts.
- Medline CEO Jim Boyle's total compensation for 2024 was $4.3 million.
- The company has reported potential severance payouts for its senior executives under several scenarios.
Medline did not disclose pay for its median employee or compare it to the pay of its chief executive as required by the SEC of publicly traded companies because it has not yet gone public.
Author's summary: Medline discloses executive pay ahead of IPO, revealing CEO Jim Boyle's $4.3 million compensation.