COVID Stimulus Watch Individual Entry

Recipient Company:

Zimmer Biomet Holdings Inc

Loan or Loan Guarantee Amount:

$2,240,617

Recipient Details

Ownership Structure: publicly traded (ticker symbol ZBH)

Award Date: Sep 8, 2020

Award Type: loan

Award Details: Amount represents the purchase price of company bonds bought by the Fed.

Program Name: Secondary Market Corporate Credit Facility

Legislation: CARES

Awarding Agency: Federal Reserve

Data Source for Award:

Parent Company: Zimmer Biomet

Headquartered in: Indiana

Parent Sector: medical equipment and supplies

Parent Industry: medical devices

Employees (prior to pandemic): 19,900

Good Jobs First has no data in this category

Environmental / Healthcare / Safety Penalties: $50,185,710

Consumer Protection / Financial / Competition-related Penalties: $49,208,032

Ratio of CEO Pay to that of Median Worker: 160 to 1

CEO Compensation: $11,176,720

Worker Median Pay: $69,683

Total Federal, State, and Local Subsidies: $14,900,310