In addition to his base salary of $1 million, Aetna CEO Mark Bertolini received a $4.6 million bonus. Forty percent of the bonus was paid in cash while 60 percent was paid in restricted stock vested over 36 months.
The volume of his bonus is partially based on the Aetna-Humana deal, which Aetna called “the largest transaction in our history” in its proxy statement. However, it’s also based on several other factors, including Aetna’s steady financial performance, Mr. Bertolini’s leadership in the field of healthcare and the position he played in raising Aetna’s minimum employee wage to $16 an hour.
Aetna also awarded Executive Vice President, CFO and Chief Enterprise Risk Officer Shawn Guertin a bonus due to his “leadership in [the] Humana acquisition,” according to the report.
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