Alexander KarpAlexander Karp earned $1B in 2024

In 2023, David S. Chernow earned $9.10M in total compensation at Select Medical Holdings, including $995.00K salary, $1.89M bonus and $5.88M in stock. Most recently acquired 230,000 shares in Apr 2024. Currently holds stock worth $13.42M. Has led Select Medical Holdings for over 15 years.

Compensation History

Annual executive compensation data for David S. Chernow, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$9.10M

Salary

$995.00K

Bonus

$1.89M

Other

$340.77K

Salary

$995.00K

Board Justification

The compensation philosophy is designed to reward contributions to the Company’s financial performance and provide overall compensation sufficient to attract and retain highly skilled NEOs, aligning their interests with those of stockholders.

Bonus

$1.89M

Board Justification

Based on the Company's performance metrics including return on equity and earnings per share, resulting in bonuses equaling 190% of target for each NEO participant.

Other Compensation

$340.77K

Board Justification

Includes 401(k) matching contributions, personal use of aircraft, dividends paid on unvested shares of restricted stock, and physical examination reimbursements.

Restricted Stock

$5.88M250K common stock

Board Justification

Restricted stock granted under the 2020 Equity Plan, which will vest in full in equal installments on each of the first three anniversaries of the date of grant beginning on August 1, 2024, subject to continued employment.

Performance Metrics

The performance metrics for determining the compensation included adjusted earnings per share and return on equity.

S

David S. Chernow

CEO of Select Medical Holdings

Field of Expertise

Business & Management

Sector of Economy

Healthcare

CEO of Select Medical Holdings for

15 years 2 months (Sep 2010 - Present)

Previous Experience

President and CEO of Oncure Medical Corp., President and CEO of JA Worldwide

Holdings

Track David S. Chernow's stock holdings and portfolio value over time.

Total Stock Sold

$23.19M

SEM

$23.19M

1,146,926 SEM shares

What if they kept their stock?

If David S. Chernow didn't sell their stock, today they would have:
Extra SEM1,146,926 shares worth $17.24M.
This is -25.67% and $5.95M less than what they got when they sold the stock.

Insider Trading

David S. Chernow's recent stock transactions, purchases, and sales filed with the SEC.

SEM

230,000 shares

SEM

Apr 30, 2024

Received

SEM

250,000 shares

SEM

Aug 1, 2023

Received

SEM

$3.81M

SEM at $27.30/share

Feb 27, 2023

Sale

SEM

250,000 shares

SEM

Aug 1, 2022

Received

SEM

$5.04M

SEM at $36.14/share

Aug 9, 2021

Sale

SEM

200,000 shares

SEM

Aug 3, 2021

Received

SEM

$2.79M

SEM at $25.00/share

Nov 9, 2020

Sale

SEM

250,000 shares

SEM

Jul 28, 2020

Received

SEM

$630.75K

SEM at $19.44/share

Nov 1, 2019

Sale

SEM

$1.43M

SEM at $18.04/share

Oct 29, 2019

Sale

Rivals

Compare David S. Chernow with competitor CEOs and industry peers.