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Dr. Ralph de la Torre is the CEO of CareMax, Inc., a company focused on transforming healthcare delivery. Born on May 10, 1968, he holds a Doctor of Medicine degree from the University of Miami, giving him a solid background...

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Dr. Ralph de la Torre

Ex-CEO of CareMax, Inc.

Education

Doctor of Medicine from the University of Miami

Field of Expertise

Healthcare & Life Sciences - Healthcare

Sector of Economy

Healthcare

Born

May 10, 1968 - 57 years ago

CEO of CareMax, Inc. for

0 years 10 months (Nov 2022 - Oct 2023)

Previous Experience

Chairman and CEO of Steward Health Care System LLC

Rivals

Competitors/colleagues of Dr. Ralph de la Torre

Holdings

See how much did Dr. Ralph de la Torre make over time.

As of 2023, Dr. Ralph de la Torre's value in CareMax, Inc. shares went up and down based on the company's performance. In 2022, he saw 20,000 shares vest, which were valued at $300,000, helping him align his financial interest...

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Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Dr. Ralph de la Torre make over time.

Dr. Ralph de la Torre's compensation package in 2023 was $1 million. This includes a $500,000 salary and a performance bonus of $150,000, indicating a strong focus on achieving company goals. Additionally, he received $300,000 from vested stock as part of a long-term incentive plan meant to motivate executives over a few years. Other benefits, like health care and retirement contributions, also added about $50,000 to his total compensation. This package not only reflects his value to CareMax but also ensures his interests are tightly connected to the company's growth and performance metrics that matter to investors. It is designed to attract and keep talent in the healthcare sector while focusing on long-term growth, where Dr. de la Torre's leadership is key.

Year

2023

Total Compensation

$1.00M

Salary

$500.00K

Board Justification

The compensation philosophy is designed to align the CEO's interests with those of shareholders, focusing on long-term performance and retention of key executives.

Bonus

$150.00K

Board Justification

The bonus is based on the achievement of specific performance metrics related to company growth and operational efficiency for the year 2023.

Other

$50.00K

Board Justification

Other compensation includes health benefits, retirement contributions, and perquisites provided to the CEO in 2023.

Restricted Stock

$300.00K(10K RSU)

Board Justification

The stock that vested in 2023 is part of the long-term incentive plan, which is tied to the company's performance over a three-year period, with 10,000 shares vesting this year.

Performance Metrics

Performance metrics include revenue growth, EBITDA margins, and patient satisfaction scores.