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Novanta Executive Compensation

NOVT · Healthcare · FY2025 Data

Novanta is a publicly traded company in the Healthcare sector.

Total Exec Pay FY2025
$25.5M
Highest Paid Executive
$10.0M
Executives Tracked
7
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Data available:FY2025FY2024FY2023

Named Executive Officers — FY2025

ExecutiveYearBaseStockTotal Pay
Matthijs Glastra
Executive Officer
FY2025$863,039$8.3M$10.0M
Robert J. Buckley
Executive Officer
FY2025$569,826$3.8M$4.8M
John Lesica
Executive Officer
FY2025$499,423$2.7M$3.9M
Charles G. Ravetto
Executive Officer
FY2025$491,864$1.5M$2.3M
Michele D. Welsh
Executive Officer
FY2025$230,921$871,215$2.2M
Alexander Manganiello
Executive Officer
FY2025$19,808$19,943
Brian S. Young
Executive Officer
FY2024$327,788$966,409$2.3M

Compensation Analysis

Computed directly from SEC-sourced figures tracked on this page — not a general description.

Novanta discloses FY2025 compensation for 7 named executive officers, totaling $25.5M. Matthijs Glastra, the Executive Officer, accounts for 39% of that combined total.

Matthijs Glastra's total compensation rose 14% year-over-year, from $8.8M in FY2024 to $10.0M in FY2025.

Cash compensation (salary plus bonus) made up 13% of Novanta's FY2025 tracked executive pay, with stock awards accounting for 71%. That's notably more stock-weighted than the typical Healthcare company in this dataset, where stock awards average 0% of tracked pay.

Among 78 other Healthcare companies in this dataset, Novanta's combined tracked executive pay of $25.5M ranks in the 77th percentile (industry median: $12.5M). Its highest-paid executive, Matthijs Glastra, ranks in the 60th percentile for top-executive pay in the sector (industry median: $6.0M).

Historical Compensation Data

ExecutiveYearBaseStockTotal
FY2025$863,039$8.3M$10.0M
FY2025$569,826$3.8M$4.8M
FY2025$499,423$2.7M$3.9M
FY2025$491,864$1.5M$2.3M
FY2025$230,921$871,215$2.2M
FY2025$19,808$19,943
FY2024$826,308$7.3M$8.8M
FY2024$546,061$3.1M$3.9M
FY2024$327,788$966,409$2.3M
FY2024$376,900$867,010$1.4M
FY2023$784,391$6.7M$8.3M
FY2023$521,898$2.5M$3.4M
FY2023$357,098$960,616$1.5M
FY2023$362,789$805,107$1.3M
Data Source: Compensation figures are sourced from Novanta's DEF 14A proxy statement filed with the U.S. Securities and Exchange Commission (SEC) via EDGAR. Figures reflect the most recently available fiscal year per executive. See something wrong? Report it.
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