Kalamazoo, Michigan-Based Stryker Corp's Top-Tier Executives Average Pay Raise Was a Clean, Very Robust 20.7% Per Year During the Past 10 Years (2009-2018)

Detroit, Michigan is the site of the second Democratic 2020 Presidential candidate televised debate to be held on July 30-31, 2019.  The Under 75 Progressive Wing will be led by the energetic Elizabeth Warren, Kamala Harris, Corey Booker and Julian Castro.  The Under 75 More Moderate Wing will be led by Pete Buttigieg, Amy Klobuchar, Beto O'Rourke and Latecomers Michael Bennet and Steven Bullock.

The key issue to Detroit and to Michigan citizens should be the huge and continuing Income Inequality Expansion which is at the core of many critical problems the US faces.

Thus I will be doing research and making posts on the average pay raise per year that the Top-Tier Executives of many large Michigan Companies were rewarded with in the past ten years.

The third Michigan Company I am addressing is the Stryker Corp.

From annual compensation information contained in Company Proxy Statement filings with the SEC, the chart at the very bottom below shows Stryker Corp's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent ten years. 

Stryker Corp's Top-Tier Executive Average Pay Raise was a clean 20.7% per year for the last decade and falls in between that of GM and Ford.

1. General Motors  +29.5% per year for the past ten years
2. Stryker Corp +20.7% per year for the past ten years
3. Ford Motor Col +17.0% per year for the past ten years

My objective is to get a better handle on just why the US and especially Michigan has such massive continuing Income Inequality Expansion ..... it appears to be predominantly about the relative long-term annual pay raise percentages, coupled with the stock price appreciation subsequent to the time the Top-Tier Executives were rewarded in their pay with stock equity compensation.

To fix Income Inequality driven mainly by Company and its Board of Director choices on Percentage Annual Pay Raises, the US Government should step in and pass wisely-designed Fair Pay Raise Income Inequality Narrowing Company tax incentives ..... the carrot ..... and Company wise tax disincentives ..... the stick.  

And the continuing annual net tax revenues raised by the US Government here should be set up in a separate fund to be used only for wise additional income inequality narrowing initiatives.  This fund should be run by an outside group made up entirely of minorities harmed the most by Income Inequality Expansion of the past decades  .....all women, all blacks, all Latinos, all other non-white people, all past and present union members, all LGBTQ, all non-employee contract workers and all middle and lower income people of all ages.

Also, the US Government should require all US Corporate Boards to include at least one worker representative and to exclude any Company Executive.

	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec
Stryker	2018	2017		2017	2016		2016	2015		2015	2014		2014	2013
Top-Tier	Total	Total		Total	Total		Total	Total		Total	Total		Total	Total
Executive	Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp
	$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s
Kevin Lobo CEO	13,911	14,005		14,005	12,797		12,797	10,470		10,470	9,120		9,120	8,437
Glenn Boehnlein CFO	3,789	3,141		3,141	2,986		N/A	N/A
Timothy Scannel President and COO	6,632	4,659		4,659	4,770		4,770	4,397		4,397	3,324		3,324	3,004
David Floyd Group President Advisor to CEO	4,189	4,288		4,288	4,050		4,050	3,399		3,399	2,541		2,541	2,828
Lonny Carpenter Group Pres Advisor to CEO	3,647	3,634		3,634	3,459		3,459	3,141		N/A	N/A
William Jellison Former CFO							1,056	2,366		2,366	2,220		N/A	N/A
Ramesh Subrahmanian Group President Intl													2,926	3,196
Totals	32,168	29,727		29,727	28,062		26,132	23,773		20,632	17,205		17,911	17,465
Annual % Change vs Prior Year	8.2%			5.9%			9.9%			19.9%			2.6%
5 Year Average Per Year % Change		9.3%
	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec
Stryker	2013	2012		2012	2011		2011	2010		2010	2009		2009	2008
Top-Tier	Total	Total		Total	Total		Total	Total		Total	Total		Total	Total
Executive	Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp
	$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s
Kevin Lobo CEO	8,437	9,228		N/A	N/A		N/A	N/A
Glenn Boehnlein CFO
Timothy Scannel President and COO	3,004	2,687		2,687	2,111		2,111	1,882		1,882	2,325		N/A	N/A
David Floyd Group President Advisor to CEO	N/A	N/A
Lonny Carpenter Group Pres Advisor to CEO				2,186	1,643		N/A	N/A
William Jellison Former CFO	N/A	N/A
Ramesh Subrahmanian Group President Intl	3,196	2,782		N/A	N/A
Dean Bergy Former Interim CFO	949	732		N/A	N/A								516	1,746
Curt Hartman Former CFO				5,915	2,269		2,269	1,911		1,911	2,313		2,313	1,431
Stephen MacMillan Former CEO				N/A	N/A		9,543	4,707		4,707	3,912		3,912	2,118
Andrew Fox-Smith Former President Intl				N/A	N/A		2,524	2,312		2,312	2,767		2,767	1,981
Michael Mogul Group President Orthopaedics										2,797	2,687		N/A	N/A
Totals	15,586	15,429		10,788	6,023		16,447	10,812		13,609	14,004		9,508	7,276
Annual % Change vs Prior Year	1.0%			79.1%			52.1%			-2.8%			30.7%
5 Year Average Per Year % Change		32.0%
10 Year Average Per Year % Change		20.7%