HCA Holdings Chairman and CEO R. Milton Johnson and the Nashville, Tenn.-based company's Executive Vice President and CFO William B. Rutherford each received raises in their base salary in 2016.
Mr. Johnson's base salary increased to $1.4 million last year, up about 8.4 percent from the year prior, according to a recent Securities and Exchange Commission filing. He received less incentive compensation and stock awards in 2016 than in the year prior. Mr. Johnson earned total compensation of $21.3 million last year, up from $17.8 million in 2015.
Mr. Rutherford's base salary increased to $793,750 in 2016, up from $714,570 in 2015. However, after factoring in higher stock awards and lower incentive compensation, Mr. Rutherford's total compensation dipped slightly to $4.09 million, down from $4.16 million in the year prior.
HCA, which includes 169 hospitals, ended 2016 with net income of $2.89 billion on $41.49 billion in revenue. That's an improvement from 2015 when the company recorded net income of $2.13 billion on revenues of $39.68 billion.
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