Top HCA execs see boost in pay as profit grows

Nashville, Tenn.-based HCA Healthcare's top executives, including its CEO, CFO and COO, saw their pay increase in 2018.

Milton Johnson, who retired as the company's CEO at the end of last year, was paid $21.4 million in 2018, nearly $4.2 million more than he earned in 2017, according to a recent Securities and Exchange Commission filing.

Several other members of HCA's C-suite also received pay raises last year. Samuel Hazen, who served as president and COO before taking over as CEO Jan. 1, saw his total pay climb from $9.5 million in 2017 to $10 million in 2018. HCA Executive Vice President and CFO William Rutherford earned $6.8 million last year, up from $4.9 million in 2017.

The executives' compensation increased as HCA's bottom line grew. The company ended 2018 with a $3.8 billion profit on revenue of $46.7 billion. In 2017, HCA reported a profit of $2.2 billion on revenue of $43.6 billion.

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