Mitchell Rales Net Worth

Mitchell Rales biography

Mitchell P. Rales is Chairman of the Board of the Company. He is a co-founder of Colfax and has served as a director of the Company since its founding in 1995. He is the Chairman of our Board of Directors. Mr. Rales is a co-founder and has served as a member of the board of directors of Danaher Corporation, a global science and technology company, since 1983 and as Chairman of Danaher’s Executive Committee since 1984, and is also a member of the Fortive Corporation board of directors, which is a diversified industrial growth company that was spun-off from Danaher in 2016. He has been a principal in a number of private business entities with interests in manufacturing companies and publicly traded securities for over 25 years. Mr. Rales was instrumental in the founding of our Company and has played a key leadership role on our Board since that time. He helped create the Danaher Business System, on which the Colfax Business System is modeled, and has provided critical strategic guidance to the Company during its development and growth. In addition, as a result of Mr. Rales’ substantial ownership stake in our Company, he is well-positioned to understand, articulate and advocate for the rights and interests of the Company’s stockholders.

What is the salary of Mitchell Rales?

As the Chairman of the Board of Colfax, the total compensation of Mitchell Rales at Colfax is $1. There are 15 executives at Colfax getting paid more, with Matthew Trerotola having the highest compensation of $8,430,030.

How old is Mitchell Rales?

Mitchell Rales is 63, he's been the Chairman of the Board of Colfax since 2017. There are 1 older and 19 younger executives at Colfax. The oldest executive at Colfax Corporation is Patrick Allender, 73, who is the Presiding Independent Director.

What does Colfax do?

Colfax Corporation operates as a diversified technology company worldwide. The company operates through two segments, Medical Technology and Fabrication Technology. The Medical Technology segment offers orthopedic solutions, including orthopedic devices and braces, reconstructive and surgical implants, footwear, bone growth stimulators, and software and services spanning the full continuum of patient care, as well as injury prevention, rehabilitation, pain management, and physical therapy under the Aircast, Chattanooga, CMF, Compex, DonJoy, ProCare, DJO Surgical, Dr. Comfort, Exos, and MotionMD brand names. Its products are used by orthopedic specialists, spine surgeons, primary care physicians, pain management specialists, physical therapists, podiatrists, chiropractors, athletic trainers, and other healthcare professionals to treat patients with musculoskeletal conditions resulting from degenerative diseases, deformities, traumatic events, and sports related injuries. This segment sells its products through independent distributors, such as healthcare professionals, consumer retail stores, and pharmacies; and direct and independent salespersons. The Fabrication Technology segment formulates, develops, manufactures, and supplies consumable products and equipment for use in cutting, joining, and automated welding of steels, aluminum, and other metals and metal alloys. It also provides welding consumables comprising electrodes, cored and solid wires, and fluxes using a range of specialty and other materials; and cutting consumables, such as electrodes, nozzles, and shields and tips under the ESAB brand name. This segment sells its products through independent distributors and direct sales to the infrastructure, wind power, marine, pipelines, mobile/off-highway equipment, oil, gas, and mining markets. Colfax Corporation was founded in 1860 and is headquartered in Annapolis Junction, Maryland.

Colfax executives and stock owners

Colfax executives and other stock owners filed with the SEC include:

• Matthew Trerotola,
  President, Chief Executive Officer, Director
• Brady Shirley,
  Chief Executive Officer of DJO
• Christopher Hix,
  Chief Financial Officer, Executive Vice President - Finance
• Shyam Kambeyanda,
  Executive Vice President, President and Chief Executive Officer of ESAB
• Daniel Pryor,
  Executive Vice President - Strategy and Business Development
• Matthew L. Trerotola,
  Pres, CEO & Director
• Christopher M. Hix,
  Exec. VP of Fin. & CFO
• Daniel A. Pryor,
  Exec. VP of Strategy & Bus. Devel.
• A. Clayton Perfall,
  Independent Director
• Rhonda Jordan,
  Independent Director
• Patrick Allender,
  Presiding Independent Director
• Sharon Wienbar,
  Independent Director
• Rajiv Vinnakota,
  Independent Director
• Didier Teirlinck,
  Independent Director
• Thomas Gayner,
  Independent Director
• Mitchell Rales,
  Chairman of the Board
• Liam Kelly,
  Independent Director
• Jason MacLean,
  Senior Vice President, Colfax Business System and Supply Chain Strategy
• Bradley Tandy,
  Senior Vice President, General Counsel
• Patricia Lang,
  Chief Human Resource Officer, Senior Vice President
• Terry Ross,
  VP of Investor Relations, Strategy & Bus. Devel.
• Douglas J. Pitts,
  VP, Controller & Chief Accounting Officer
• Steven L. Breitzka,
  Interim Sr. VP of Global Operations & Americas