Editor’s note: Total compensation can include salary, bonuses, stock and option awards, change in pension value and nonqualified deferred compensation earnings and other compensation.
Highest-earning chief executives in 2023 among large payers and health systems:
1. UnitedHealth Group
Andrew Witty
- Salary: $1,500,000
- Stock awards: $15,000,970
- Option awards: $5,000,114
- Non-equity incentive plan: $1,800,000
- Other compensation: $233,852
- Total: $23,534,936
- 12.8% increase from 2022 ($20,865,106)
2. Elevance Health
Gail Boudreaux
- Salary: $1,600,000
- Stock awards: $11,850,043
- Option awards: $3,950,036
- Non-equity incentive plan: $3,648,000
- Other compensation: $840,960
- Total: $21,889,039
- 4.6% increase since 2022 ($20,931,081)
3. CVS Health
Karen Lynch
- Salary: $1,500,000
- Stock awards: $12,374,971
- Option awards: $4,124,992
- Non-equity incentive plan: $2,992,000
- Other compensation: $623,071
- Total: $21,615,034
- 1.4% increase since 2022 ($21,317,055)
4. Molina Healthcare
Joseph Zubretsky
- Salary: $1,500,000
- Stock awards: $15,500,092
- Non-equity incentive plan compensation: $4,410,000
- Other compensation: $81,631
- Total: $21,491,723
- 2.9% decrease since 2022 ($22,131,256)
5. HCA Healthcare
Sam Hazen
- Salary: $1,512,222
- Stock awards: $6,957,391
- Option awards: $7,242,825
- Non-equity incentive plan compensation: $5,026,128
- Other compensation: $577,418
- Total: $21,315,984
- 45.6% increase from 2022 ($14,637,726)
6. Cigna Group
David Cordani
- Salary: $1,500,000
- Stock awards: $12,656,213
- Option awards: $3,200,020
- Non-equity incentive plan compensation: $3,300,000
- Change in pension value and nonqualified deferred compensation: $80,585
- Other compensation: $310,437
- Total: $21,047,255
- 0.4% increase since 2022 ($20,965,504)
7. Centene
Sarah London
- Salary: $1,400,000
- Stock awards: $13,573,031
- Non-equity incentive plan compensation: $3,298,600
- Other compensation: $285,335
- Total: $18,556,966
- 40.1% increase since 2022 ($13,246,447)
8. Tenet Healthcare
Saum Sutaria, MD
- Salary: $1,500,000
- Stock awards: $10,130,393
- Non-equity incentive plan compensation: $6,300,000
- Other: $587,717
- Total: $18,518,109
- 67.6% increase from 2022 ($11,047,128)
9. Humana
Bruce Broussard
- Salary: $1,469,893
- Stock awards: $10,898,833
- Option awards: $3,492,874
- Other compensation: $465,784
- Total: $16,327,384
- 5.1% decrease since 2022 ($17,198,844)
10. Universal Health Services
Marc Miller
- Salary: $1,352,052
- Stock awards: $4,944,124
- Option awards: $4,944,434
- Non-equity incentive plan compensation: $3,042,117
- Change in pension value and nonqualified deferred compensation: $78,003
- Other compensation: $47,207
- Total: $14,407,937
- 31.9% increase from 2022 ($10,919,976)
11. Community Health Systems
Tim Hingtgen
- Salary: $1,287,550
- Stock awards: $3,690,000
- Option awards: $922,000
- Non-equity incentive plan compensation: $2,072,955
- Change in pension value and nonqualified deferred compensation: $347,168
- Other compensation: $28,550
- Total: $8,348,223
- 32.5% increase from 2022 ($6,302,542)
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