Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Adam H. Schechter earned $2.40M in total compensation at Labcorp Holdings, including $1.20M salary, $300.00K bonus and $750.00K in stock. Most recently sold 6,189 shares in Nov 2024. Currently holds stock worth $38.73M. Has donated $258.26K in stock to charitable causes. 6+ years at the helm of Labcorp Holdings.

Compensation History

Annual executive compensation data for Adam H. Schechter, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$2.40M

Salary

$1.20M

Bonus

$300.00K

Other

$150.00K

Salary

$1.20M

Board Justification

Labcorp's compensation philosophy is designed to align executive pay with company performance, focusing on long-term value creation and competitive benchmarking against peers.

Bonus

$300.00K

Board Justification

The bonus is based on the company's performance metrics, including revenue growth and operational efficiency, paid out in cash for the fiscal year 2023.

Other Compensation

$150.00K

Board Justification

Other compensation includes retirement contributions, life insurance premiums, and other benefits paid in 2023.

Restricted Stock

$750.00K5K RSU

Board Justification

5,000 shares of restricted stock units (RSUs) vested in 2023, reflecting the company's stock performance and retention strategy.

Performance Metrics

Performance metrics for 2023 included revenue growth, adjusted earnings per share, and operational efficiency targets.

L

Adam H. Schechter

CEO of Labcorp Holdings

Sector of Economy

Healthcare

Born

July 30, 2024 - 1 years ago

CEO of Labcorp Holdings for

6 years 1 month (Nov 2019 - Present)

Previous Experience

Unknown

Holdings

Track Adam H. Schechter's stock holdings and portfolio value over time.

Total Stock Sold

$65.91M

MRK

$64.19M

991,981 MRK shares

LH

$1.72M

7,659.132 LH shares

What if they kept their stock?

If Adam H. Schechter didn't sell their stock, today they would have:
Extra MRK991,981 shares worth $98.92M and LH7,659.132 shares worth $1.98M.
This is 53.09% and $34.99M more than what they got when they sold the stock.

Charitable Transactions

LH

710.04 shares

LH

MRK

750 shares

MRK

Recent Charitable Transactions

LH

610 shares

LH

Nov 19, 2018

Charity

MRK

750 shares

MRK

Dec 15, 2017

Charity

Insider Trading

Adam H. Schechter's recent stock transactions, purchases, and sales filed with the SEC.

LH

$1.51M

LH at $243.47/share

Nov 11, 2024

Sale

LH

42,353 shares

LH

Mar 30, 2023

Received

LH

610 shares

LH

Nov 19, 2018

Charity

MRK

$20.51M

MRK at $73.82/share

Nov 1, 2018

Sale

MRK

$7.53M

MRK at $70.18/share

Sep 17, 2018

Sale

MRK

$8.18M

MRK at $61.00/share

Jun 18, 2018

Sale

MRK

$1.87M

MRK at $54.72/share

Feb 27, 2018

Received

LH

$213.81K

LH at $169.29/share

Feb 7, 2018

Sale

MRK

$6.26M

MRK at $61.63/share

Jan 16, 2018

Sale

MRK

750 shares

MRK

Dec 15, 2017

Charity

Rivals

Compare Adam H. Schechter with competitor CEOs and industry peers.