King of Prussia, Pa.-based Universal Health Services executives saw their total compensation shrink by millions in 2022, in line with what other for-profit health systems reported, according to a proxy statement filed April 6 with the Securities and Exchange Commission.
The for-profit health system reported $675.6 million net income in 2022, a 31.9 percent drop from $991.6 million the prior year. UHS includes 28 acute care hospitals, 331 inpatient behavioral health facilities, 39 outpatient facilities, an insurance offering and a physician network.
Here are UHS' five highest-earning executives in 2022:
1. Marc Miller, CEO
- Salary: $1,300,050
- Stock awards: $4,754,071
- Option awards: $ 4,754,007
- Change in pension value and nonqualified deferred compensation earnings: $66,003
- Other compensation: $45,845
- Total 2022 compensation: $10,919,976
- $3,100,966 decrease from 2021 ($14,020,942)
2. Alan Miller, executive chair
- Salary: $1,000,038
- Stock awards: $2,499,993
- Option awards: $2,499,990
- Other compensation: $1,138,603
- Total 2022 compensation: $7,138,624
- $6,057,877 decrease from 2021 ($13,196,501)
3. Steve Filton, executive vice president and CFO
- Salary: $786,574
- Stock awards: $1,210,017
- Option awards: $1,210,020
- Change in pension value and nonqualified deferred compensation earnings: $42,881
- Other compensation: $18,612
- Total 2022 compensation: $3,268,104
- $1,568,058 decrease from 2021 ($4,836,162)
4. Marvin Pember, former executive vice president and president, acute care
- Salary: $809,364
- Stock awards: $1,152,493
- Option awards: $1,152,516
- Change in pension value and nonqualified deferred compensation earnings: $44,194
- Other compensation: $18,011
- Total 2022 compensation: $3,176,578
- $1,580,514 decrease from 2021 ($4,757,092)
5. Matthew Peterson, executive vice president and president, behavioral health
- Salary: $666,922
- Stock awards: $994,015
- Option awards: $993,990
- Change in pension value and nonqualified deferred compensation earnings: $37,402
- Other compensation: $19,216
- Total 2022 compensation: $2,711,545
- $1,236,188 decrease from 2021 ($3,947,733)