Aetna CEO Compensation Grows 26% in 2012

Aetna Chairman CEO Mark Bertolini earned a compensation package of $13.2 million last year, up 26 percent from $10.6 million in 2011, even though the executive’s bonus was reduced 55 percent to $892,800 for missing a performance target, according to a proxy disclosure filed with the U.S. Securities and Exchange Commission.

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Shares at Aetna, the nation’s third-largest health insurer, grew 10 percent last year, lower than the S&P 500 index’s 13.4 percent rise, according to a Washington Post report. Its $5.13 per share in operating earnings fell below 2011 levels and the company’s full bonus criteria for Mr. Bertolini.

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