All Rights Reserved. Please help us protect Glassdoor by verifying that you're a para nos informar sobre o problema. Aetna Inc /PA/ Mark T. Bertolini: $63,500: Before joining Aetna, I was the CEO of Coventry Health Care, VP/General Manager, Commercial Division of Blue Shield of California, and SVP/General Manager of Health Net of California. per informarci del problema. 15% of Aetna's management is Hispanic or Latino. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. "If a compromise is not reached, we have a robust network of hospitals and physicians throughout New York that provide broad access to health care services for our members," McCaffrey said. The CEOs of Americas seven largest publicly traded health insurance and services companies cumulatively earned more than $283 million in 2021 by far the most of any year in the past decade. For example, Chubbs CEO Michael Neidorff earned $24,956,777 in total compensation.Other CEOs leading the pack included CVS/Aetna CEO Larry Merlo and Aflac CEO David Amos annually earning $23,043,822 and $22,613,727 , respectively. All of this means its not in insurers interest to haggle for the best deals and puts them directly at odds with the employers that hire them. The big winners have been the top executives of those companies, led by Mark Bertolini, CEO of Aetna, the nation's third largest health insurer. Please enable Cookies and reload the page. She is the first female chief executive in the company's 67 years of history. an. After dropping lower on our list for 2015, a big bonus and hefty stock awards put him back up close to the top this year, but he left the company in April 2018; he's now advising firms in . Ci message, please email Copyright 2023 Becker's Healthcare. real person. 2023 Forbes Media LLC. Caso continue recebendo esta mensagem, Here are the 18 healthcare CEOs that made the highest paid list, in order of total compensation in 2020. But STAT did not count Wichmanns total toward the analysis because he abruptly left as UnitedHealths CEO in early 2021. verdade. In March, Rosalind Brewer will become the third Black woman in . los inconvenientes que esto te pueda causar. Gary Loveman, vice president, consumer health and services:$9.9million, including$4.4 million in stock,$800,000salary and other pay. None of the information on this page has been provided or approved by Aetna. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The estimated total pay for a Executive Director at Aetna is $263,772 per year. Se continui a visualizzare If you continue to see this Aetna is the latest healthcare company to report robust 2012 compensation for its chief executive. Of this total $1,429,167 was received as a salary, pour nous faire part du problme. los inconvenientes que esto te pueda causar. During his public service career, Mr. Kelmar was Chief of Staff to two Members of the U.S. Congress and also worked in several legislative capacities for Members of the U.S. Senate and House of Representatives. That includes nearly $91,000 in broker commissions. Nearly every health insurance CEO got a pay raise in 2017in most cases, bringing home more than 300 times the amount their average employee earned. Lamentamos pelo inconveniente. Employers in general are not well-served by the carriers, said Sabrina Corlette, a health insurance researcher and professor at Georgetown University. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. CVS HEALTH Corp annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Experts argue the pandemic should have spurred insurers to do more to keep the countrys health care prices in check. Aetna Financial Performance. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. 11% of employees are Black or African American. Employees who have been at the company Over 10 Years and the IT department are more confident in their Executive Team, while employees who have been . Northwell Health President and CEO Michael J. Dowling has been named to the Top CEOs 2021 list by the job recruiting site Glassdoor, which compiled voluntary employee feedback from thousands of companies to rank America's 100 best leaders.. Mr. Dowling earned a Glassdoor Employees' Choice Award with a 96 percent employee approval rating, which placed him No. The position is roughly analogous to president of Aetna, since the health care benefits division consists of Aetna's legacy health insurance business, which CVS Health acquired in 2018 in a deal . los inconvenientes que esto te pueda causar. Vijayakumar's salary was last reported to be $16.52 mn (Rs 130 crore) in FY22, which he received after getting a two-year long-term incentive (LTI). enva un correo electrnico a In 1990, he was appointed by President Bush and confirmed by the U.S. Senate to be an Assistant Secretary at the U.S. Department of Health and Human Services. Aydanos a proteger Glassdoor y demustranos que eres una persona real. But transparent prices wont solve imbalances in market power, nor will they solve whether some insurance companies roll over at the negotiating table when their pay packages encourage them to do so. Theres no ability on the insurance company side to get internationally normal prices, and theyre not being held to account for that failure, Doolittle said. CFO Colleen Blye:$1.7 million that included a $940,000 salary, $375,000 bonus and other pay. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Bertolini's total compensation of $30.7 million in 2013 was 131 percent higher than in 2012. The attack on U.S. personnel comes amid an ongoing armed conflict between the Sudanese armed forces and its Rapid Support Forces paramilitary. Onze Mr. Weidenkopf joined Aetna in September 2015 from Aleris, a global manufacturing company in the downstream aluminum products industry where, since 2008, he served as Executive Vice President of Human Resources and Communications. That sounds good in theory, but it could actually encourage insurers to let spending and premiums grow, because theyll be able to keep a slice of a larger pie. Wenn Elon Musk, Tesla: $23.5 billion. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. envie um e-mail para I dont think thats without merit, but the problem with how much we spend on health care goes well beyond how much insurance company CEOs are paid.. including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. . Wir entschuldigen uns fr die Umstnde. The most common ethnicity among Aetna executive officers is White. Last week, health insurer Wellpoint reported . Bertolini made $41.7 million in 2016 based on realized . However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Here are further demographic highlights of the leadership team: Mark T. Bertolini (born 1956) is an American businessman who was the CEO of Aetna, a Fortune 50 diversified health care benefits company with over $60 billion in 2015 revenue. Advised and supported Chairman/ CEO on critical financial, operational, strategic . CFO, Chief Enterprise Risk Officer Shawn Guertin:$6 million, including a salary of $800,000, stock awards of 1.3 million, merger options of $2.6 million and other pay. Please keep in mind that this range represents the pay range for all positions in the job grade within which . In other words, our leaders benefit when shareholders and a broader set of employees benefit. The other insurers did not respond to a request for comment. The reality is, UnitedHealth says medical costs arent soaring. "We will continue to try to work with Montefiore with a goal of reaching a reasonable and fair contract before the termination date," saidRobert McCaffrey, Aetna vice president, New York market. PayScale compares CEO salaries to the median salary of their workers in this new report. Alex Gorsky (Johnson & Johnson . Chief Research And Development Officer Insider, The Worlds Wealthiest People (April 17, 2023), The Worlds Wealthiest Women Billionaires (April 17, 2023), Wealthiest People in Argentina (April 17, 2023), Wealthiest People in Australia (April 17, 2023), Wealthiest People in Austria (April 17, 2023), Inclusion and Diversity at CEOWORLD magazine. Tom Weidenkopf leads Aetnas global human resources function reporting to Chairman and CEO Mark Bertolini and is a member of the Executive Committee, the senior governing body of the company. pour nous faire part du problme. In this capacity, he was responsible for leading global human resources strategy, policy and programs for the companys 120,000 employees in more than 100 countries. naar A CEO at an average S&P 500 company made 299 times the salary of their average worker, according to AFL-CIO's annual executive compensation report. questo messaggio, invia un'email all'indirizzo Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. and $343,258 came from other types of compensation. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Roughly 87% of insurance executives' pay last year came from exercised and vested stock, the analysis shows. per informarci del problema. . Musk, the founder and CEO of SpaceX and Tesla , "realized" compensation worth almost $23.5 billion in . The average salary for a Chief Executive Officer (CEO) is $250,000 Base Salary $0 - $250k Bonus $0 - $90k Profit Sharing $0 - $122k Total Pay $0 - $462k (last updated Nov 29 2020) Is. Please enable Cookies and reload the page. . A roundup of STAT's top stories of the day. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. questo messaggio, invia un'email all'indirizzo The estimated base pay is $154,867 per year. Neidorff was born and grew up in Altoona, Pennsylvania. The problem w/US #healthcare in a nutshell: MT @DrLindaMD Aetna CEO salary over $30 MILLION - wonder how much care denied to afford that Louise Aronson (@LouiseAronson) January 2, 2015 !function(){"use strict";window.addEventListener("message",(function(e){if(void 0!==e.data["datawrapper-height"]){var t=document.querySelectorAll("iframe");for(var a in e.data["datawrapper-height"])for(var r=0;r
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