Ardent Health’s highest-earning executives in 2024

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Marty Bonick, president and CEO of Brentwood-based Ardent Health, saw his total compensation rise to more than $6.9 million in 2024, according to a proxy statement filed with the Securities and Exchange Commission.

Ardent went public in July. Here are the system’s five highest-earning executives in 2024:  

1. Marty Bonick, president and CEO 

  • Salary: $1,060,485
  • Stock awards: $4,520,272
  • Non-equity incentive plan compensation: $1,345,300
  • Other compensation: $13,200
  • Total 2024 compensation: $6,939,257
    • Total 2023 compensation: $2,209,277

2. Alfred Lumsdaine, CFO 

  • Salary: $622,632
  • Stock awards: $2,220,890
  • Non-equity incentive plan compensation: $571,192
  • Other compensation: $13,200
  • Total 2024 compensation: $3,427,914
    • Total 2023 compensation: $1,317,434

3. David Schultz, president of hospital operations 

  • Salary: $652,116
  • Stock awards: $1,347,291
  • Non-equity incentive plan compensation: $554,894
  • Other compensation: $461,557
  • Total 2024 compensation: $3,015,858
    • Total 2023 compensation: $725,607

4. Stephen Petrovich, executive vice president and general counsel 

  • Salary: $531,091
  • Stock awards: $991,419
  • Non-equity incentive plan compensation: $501,913
  • Other compensation: $13,200
  • Total 2024 compensation: $2,037,623
    • Total 2023 compensation: $958,203

5. Ethan Chernin, president of health services

  • Salary: $343,856
  • Bonus: $50,000
  • Stock awards: $750,016
  • Non-equity incentive plan compensation: $268,037
  • Other compensation: $80,610
  • Total 2024 compensation: $1,492,519
    • Total 2023 compensation: N/A (joined Ardent in May 2024) 

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