According to a recent filing with the Securities and Exchange Commission, Mr. Johnson’s salary for 2014 will be $1.1 million. Mr. Rutherford will earn $600,000. The compensation committee within HCA’s board of directors approved the figures.
Most of the compensation earned by investor-owned company executives comes in the form of bonuses and stock options. For example, in 2012, Mr. Johnson earned $27.2 million in total compensation. Base salary comprised only a small portion of that total ($891,650). He also received $1.44 million in cash bonuses, $3.63 million in deferred earnings, $5.58 million in stock appreciation right awards and more than $15.7 million in other vested stock options.
Mr. Johnson officially took over for Richard Bracken this year, and Mr. Rutherford replaced Mr. Johnson. In 2012, Mr. Bracken recorded total compensation exceeding $46.3 million — one of the highest, single-year amounts ever doled out to a for-profit hospital executive.
More Articles on Hospital Executive Compensation:
Carolinas CEO Michael Tarwater Collects $4.9M in 2013
Former Cape Cod Healthcare CEO Got $2M After Resignation
The Great Pay Debate: 5 Hospital Executive Compensation Trends for 2014
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.