Private Equity Firm With Ties to HCA Pays Co-CEOs $94M Each

Henry Kravis and George Roberts, cousins and co-CEOs of KKR & Co., a private equity firm with a vast amount of investments that include Nashville, Tenn.-based Hospital Corporation of America, each received an estimated $94 million in compensation and cash dividends for 2011, according to a company filing with the U.S. Securities and Exchange Commission.

For 2011, both Mr. Kravis and Mr. Roberts each received a $300,000 base salary, $29.3 million in cash payments of carried interest and $64.2 million in cash from dividend payments. Mr. Kravis received an additional $145,737 for a car and driver, while Mr. Roberts received $212,995 for a car and driver.

In 2006, KKR, Bain Capital and others completed a $31.6 billion acquisition of HCA, the largest hospital operator in the United States. In the year ended Dec. 31, 2010, KKR received $931.1 million of dividends from HCA.

Private Equity Firm With Ties to HCA Pays Co-CEOs $94M Each

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