Last year, Mr. Bracken announced 2013 would be his last year as CEO of HCA, the largest for-profit hospital company in the country. However, he will stay on as chairman through 2014.
Mr. Bracken’s salary again only increased marginally year-over-year, totaling $1.4 million last year. The remaining components of his compensation included stock options/rights ($10.8 million), incentives and bonuses ($3.3 million) and pension/deferred earnings ($1 million). In 2012, most of Mr. Bracken’s compensation came from vested stock options.
Milton Johnson, currently HCA’s president and CEO, served as president and CFO in 2013, earning more than $7.7 million compared with $27.2 million in 2012. Similar to Mr. Bracken, most of Mr. Johnson’s compensation in 2012 stemmed from vested stock options. In 2013, his incentives totaled $1.4 million, and stock options/rights equaled $5.4 million. Mr. Johnson’s base salary was a tick under $900,000.
The next three highest-compensated HCA officers were President of Operations Samuel Hazen, CMO Jonathan Perlin, MD, and American Group President Jon Foster. Mr. Hazen earned $5.1 million, third-most among HCA leaders. Dr. Perlin made $3.7 million, while Mr. Foster earned $4.2 million.
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