In 2023, Jon Kessler earned $13.45M in total compensation at HealthEquity, including $700.00K salary, $805.00K bonus and $11.93M in stock. Most recently sold 29,749 shares in Sep 2024. Currently holds stock worth $24.38M. Has donated $22.77M in stock to charitable causes. Led HealthEquity as CEO for 4 years.
Compensation History
Annual executive compensation data for Jon Kessler, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$13.45M
Salary
$700.00K
Bonus
$805.00K
Other
$16.45K
Salary
$700.00KBoard Justification
The compensation program is designed to attract, retain, motivate, and reward a highly talented team of executive officers, linking compensation to performance and aligning the interests of executive officers with those of stockholders.
Bonus
$805.00KBoard Justification
Based on performance as measured against corporate performance objectives, annual cash bonuses paid to the CEO under the 2024 Executive Bonus Plan were 115% of their target annual cash bonus opportunities.
Other Compensation
$16.45KBoard Justification
Includes employer matching contributions made to the Section 401(k) Plan and cybersecurity protection benefits provided to the CEO.
Restricted Stock
Board Justification
Performance-based vesting restricted stock units granted to the CEO, earned based on relative total stockholder return compared to the stock price of the constituents of the Russell 2000 index in the period beginning March 29, 2023 and ending January 31, 2026.
Performance Metrics
The performance metrics for the CEO's compensation include Adjusted EBITDA, revenue, and new HSA sales.
Jon Kessler
Ex-CEO of HealthEquity
Education
Bachelor's degree from the University of California, Berkeley; MBA from Harvard Business School
Field of Expertise
Healthcare & Life Sciences - Healthcare
Sector of Economy
Healthcare
Born
January 1, 1970 - 55 years ago
CEO of HealthEquity for
4 years 1 month (Jun 2019 - Jul 2023)
Previous Experience
Chief Executive Officer of WageWorks, Inc.; various executive roles at other companies in the healthcare sector
Other HealthEquity CEOs
Holdings
Track Jon Kessler's stock holdings and portfolio value over time.
Total Stock Sold
$91.68M
$91.68M
1,902,401 HQY shares
What if they kept their stock?
If Jon Kessler didn't sell their stock, today they would have:
Extra HQY1,902,401 shares worth $179.80M.
This is 96.11% and $88.11M more than what they got when they sold the stock.
Charitable Transactions
240,886 shares
HQY
Recent Charitable Transactions
85,886 shares
HQY
Dec 8, 2021
Charity
100,000 shares
HQY
May 27, 2020
Charity
30,000 shares
HQY
Mar 23, 2018
Charity
25,000 shares
HQY
Aug 4, 2015
Charity
Insider Trading
Jon Kessler's recent stock transactions, purchases, and sales filed with the SEC.
$2.34M
HQY at $78.63/share
Sep 16, 2024
Sale
$4.59M
HQY at $83.13/share
Jun 24, 2024
Sale
103,806 shares
HQY
Mar 27, 2024
Received
$2.69M
HQY at $79.81/share
Mar 22, 2024
Sale
$3.51M
HQY at $74.95/share
Sep 27, 2023
Sale
$2.84M
HQY at $60.69/share
Jun 26, 2023
Sale
86,179 shares
HQY
Mar 29, 2023
Received
31,788 shares
HQY
Jan 12, 2022
Received
85,886 shares
HQY
Dec 8, 2021
Charity
85,886 shares
HQY
Dec 8, 2021
Charity
Rivals
Compare Jon Kessler with competitor CEOs and industry peers.