Howard G. Berger, M.D., is the President and CEO of RadNet, Inc., a prominent player in the healthcare industry, particularly in medical imaging. With a medical degree from UCLA, he blends clinical knowledge with business leadership. Berger has been at...

Howard G. Berger, M.D., is the President and CEO of RadNet, Inc., a prominent player in the healthcare industry, particularly in medical imaging. With a medical degree from UCLA, he blends clinical knowledge with business leadership. Berger has been at RadNet since 2010. His role is not just about managing; it's about strategic growth and performance. Notably, he has substantial skin in the game—over 10% of RadNet's stock is beneficially owned by him, aligning his success with that of the company and its shareholders. Interestingly, he doesn’t receive stock awards; instead, his compensation is mostly comprised of a base salary and substantial cash bonuses, reflecting the company's outstanding performance. In 2023, he earned over $6 million, showing the significant role he plays in driving the company's value. Berger's work is closely tied to the company's performance metrics, focusing on gaining value for both patients and investors. His compensation structure is designed to keep him motivated long-term, clearly indicating his commitment to RadNet’s success.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other RadNet CEOs

R

Howard G. Berger

Founder and CEO of RadNet

Education

M.D. from University of California, Los Angeles

Field of Expertise

Healthcare & Life Sciences - Medicine

Sector of Economy

Healthcare

Born

January 1, 1957 - 68 years ago

CEO of RadNet for

15 years 5 months (Jan 2010 - Present)

Previous Experience

Founder of RadNet, Inc.

Rivals

Competitors/colleagues of Howard G. Berger

Holdings

See how much did Howard G. Berger make over time.

As of 2023, Howard G. Berger holds an impressive equity stake in RadNet, beneficially owning over 10% of the company's stock. This significant ownership demonstrates his deep commitment to the company's growth and aligns his financial success with that of...

As of 2023, Howard G. Berger holds an impressive equity stake in RadNet, beneficially owning over 10% of the company's stock. This significant ownership demonstrates his deep commitment to the company's growth and aligns his financial success with that of stockholders. His wealth has seen fluctuations; for instance, in 2015 he chose not to accept new stock options due to already holding a substantial equity interest, reaffirming his focus on performance. His total wealth in company stock has varied, but he maintains a solid position, with a current net worth that supports his role as an influential stakeholder in the business. Berger’s perspective clearly underscores the importance of shareholder value and aligning leadership incentives with long-term company performance.

Mar 18, 2025

R

shares

RDNT @ $48.45

Charitable Transactions

RDNT

263,720 shares

RDNT

Recent Charitable Transactions

RDNT

190,000 shares

RDNT

Sep 13, 2024

Charity

RDNT

60,000 shares

RDNT

Aug 15, 2024

Charity

RDNT

7,000 shares

RDNT

Mar 4, 2013

Charity

RDNT

5,135,114 shares

RDNT

Dec 31, 2011

Charity

RDNT

2,360 shares

RDNT

Dec 31, 2009

Charity

RDNT

2,360 shares

RDNT

Dec 31, 2009

Charity

Insider Trading

See recent insider trades of Howard G. Berger.

RDNT

124,567 shares

RDNT

Jan 8, 2025

Received

RDNT

190,000 shares

RDNT

Sep 13, 2024

Charity

RDNT

60,000 shares

RDNT

Aug 15, 2024

Charity

RDNT

40,236 shares

RDNT

Mar 1, 2024

Received

RDNT

7,000 shares

RDNT

Mar 4, 2013

Charity

RDNT

5,135,114 shares

RDNT

Dec 31, 2011

Charity

RDNT

5,133,114 shares

RDNT

Dec 31, 2011

Charity

RDNT

2,360 shares

RDNT

Dec 31, 2009

Charity

RDNT

2,360 shares

RDNT

Dec 31, 2009

Charity

Compensation History

See how much did Howard G. Berger make over time.

In 2023, Dr. Howard G. Berger’s total compensation reached an impressive $6,001,833, which includes a base salary of $1,500,000 and a substantial discretionary cash bonus of $2,000,000. This bonus is part of RadNet's strategy to incentivize performance among its executives. Over the years, his compensation has varied, reflecting the company's performance metrics tied to strategic goals, particularly in adjusted EBITDA. Notably, he received no stock grants in recent years, rather focusing on cash bonuses and salary to motivate his performance and commitment to the company's long-term vision. Berger's strategic approach to his salary and incentives allows him to effectively navigate the healthcare industry while maintaining a strong focus on creating value for stakeholders.

Year

2023

Total Compensation

$4.20M

Salary

$1.50M

Board Justification

The compensation philosophy is designed to attract, retain, and motivate talented executives, aligning their interests with stockholder value through equity compensation and performance-based incentives.

Bonus

$2.00M

Board Justification

Discretionary cash bonus awarded to retain and incentivize Named Executive Officers, paid in January 2023.

Other

$75.18K

Board Justification

Includes automobile allowance, split dollar life insurance premiums, 401(k) matching contributions, and health insurance premiums.

Restricted Stock

$627.41K(26.82K RSU)

Board Justification

Restricted stock that vested on March 10, 2023, as part of the equity compensation plan.

Performance Metrics

Compensation is linked to the achievement of strategic initiatives and financial performance, specifically targeting Adjusted EBITDA goals.

Other RadNet CEOs

Here are other CEOs of RadNet

David J. Katz

Ex-CEO of RadNet

March 2020 - October 2024