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John Cannon is a seasoned leader in the health care and legal fields, holding a J.D. from the University of Virginia School of Law. Born in October 1954, he served as the Interim President and CEO of Elevance Health, where...

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John Cannon

Ex-CEO of Elevance Health

Education

J.D. from the University of Virginia School of Law.

Field of Expertise

Legal & Compliance - Law

Sector of Economy

Healthcare

Born

October 1, 1954 - 70 years ago

CEO of Elevance Health for

0 years 6 months (Aug 2012 - Mar 2013)

Previous Experience

Executive Vice President and General Counsel at WellPoint, Inc.

Holdings

See how much did John Cannon make over time.

John Cannon's stock holdings in Elevance Health peaked during key moments of his tenure, showing significant investments and fluctuations. At one time, he held over $9 million in stock value, with key shares vesting at critical points in the company’s...

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Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did John Cannon make over time.

John Cannon's compensation demonstrates the dynamics of executive pay in a competitive environment. In 2013, his total compensation was $918,246, primarily from a salary of $810,097 with no bonuses or stock awards that year. It marked a notable drop from $1,300,732 in 2012, where he received a substantial bonus of $500,000 thanks to his contributions as Interim CEO. The focus on performance-based pay has been a consistent theme in his compensation structure, aligning his rewards with the company's success. This approach underscores a broader philosophy in corporate governance that seeks to ensure leaders are compensated in accordance with the health and performance of the organization they lead.

Year

2013

Total Compensation

$918.25K

Salary

$810.10K

Board Justification

The compensation philosophy emphasizes performance-based pay aligned with company performance and market competitiveness.

Bonus

$0.00

Board Justification

No bonus was awarded for 2013.

Other

$108.15K

Board Justification

Other compensation includes contributions to retirement plans and other benefits.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2013.

Performance Metrics

Performance metrics for 2013 included company financial performance and individual contributions.