In 2023, Joseph M. Zubretsky earned $4.37M in total compensation at Molina Healthcare, including $1.10M salary, $2.04M bonus and $1.15M in stock. Most recently acquired 85,579 shares in Mar 2024. Currently holds stock worth $59.17M. Has donated $1.79M in stock to charitable causes. 8+ years at the helm of Molina Healthcare.
Compensation History
Annual executive compensation data for Joseph M. Zubretsky, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$4.37M
Salary
$1.10M
Bonus
$2.04M
Other
$87.75K
Salary
$1.10MBoard Justification
The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests, while also considering market competitiveness and retention strategies.
Bonus
$2.04MBoard Justification
The bonus is based on the Short-Term Incentive Plan (STIP) which was funded at 95% of target for 2023, reflecting the company's performance metrics and individual contributions.
Other Compensation
$87.75KBoard Justification
Other compensation includes contributions to the 401(k) plan and the Non-Qualified Retirement Savings Plan, as well as perquisites such as financial planning services and matching contributions to qualified charities.
Restricted Stock
Board Justification
The vested stock consists of performance-based restricted stock units (PBRSUs) that vested based on the company's achievement of relative total shareholder return for the years 2023-2025, which was at the 36th percentile against its pre-determined peer group, resulting in a payout of 72.73% of target.
Performance Metrics
The performance metrics for the CEO's compensation include Pre-Tax Operating Income, Ex-Cat Operating Income, and strategic objectives that align with the company's financial goals.
Joseph M. Zubretsky
CEO of Molina Healthcare
Education
Bachelor's degree in Accounting
Field of Expertise
Finance & Banking - Insurance
Sector of Economy
Healthcare
Born
January 1, 1957 - 68 years ago
CEO of Molina Healthcare for
8 years 1 month (Nov 2017 - Present)
Previous Experience
President and Chief Executive Officer at The Hanover Insurance Group, Inc.
Other Molina Healthcare CEOs
Holdings
Track Joseph M. Zubretsky's stock holdings and portfolio value over time.
Total Stock Sold
$127.38M
$127.38M
375,000 MOH shares
What if they kept their stock?
If Joseph M. Zubretsky didn't sell their stock, today they would have:
Extra MOH375,000 shares worth $56.46M.
This is -55.67% and $70.92M less than what they got when they sold the stock.
Charitable Transactions
11,900 shares
MOH
Recent Charitable Transactions
5,700 shares
MOH
Nov 21, 2023
Charity
4,600 shares
MOH
Nov 29, 2022
Charity
1,600 shares
MOH
Mar 7, 2022
Charity
Insider Trading
Joseph M. Zubretsky's recent stock transactions, purchases, and sales filed with the SEC.
$33.14M
MOH at $387.21/share
Mar 1, 2024
Received
5,700 shares
MOH
Nov 21, 2023
Charity
$43.01M
MOH at $273.44/share
Mar 1, 2023
Received
4,600 shares
MOH
Nov 29, 2022
Charity
$31.07M
MOH at $349.45/share
Oct 5, 2022
Sale
$30.36M
MOH at $337.35/share
Sep 30, 2022
Sale
$25.99M
MOH at $332.37/share
Sep 27, 2022
Sale
$9.94M
MOH at $331.39/share
Sep 22, 2022
Sale
$29.74M
MOH at $338.38/share
Sep 19, 2022
Sale
1,600 shares
MOH
Mar 7, 2022
Charity
Rivals
Compare Joseph M. Zubretsky with competitor CEOs and industry peers.
Samuel N. Hazen
CEO of HCA Healthcare
2023 Compensation
Stock
$24.94M
Salary
$1.51M
Bonus
$5.03M
Other
$577.42K
Total Holdings
$24.53M
Sarah M. London
CEO of Centene
2023 Compensation
Stock
$0.00
Salary
$1.40M
Bonus
$2.79M
Other
$285.34K
Total Holdings
$73.05M
David S. Chernow
CEO of Select Medical Holdings
2023 Compensation
Stock
$5.88M
Salary
$995.00K
Bonus
$1.89M
Other
$340.77K
Total Holdings
$34.96M
Gail K. Boudreaux
CEO of Elevance Health
2023 Compensation
Stock
$0.00
Salary
$1.60M
Bonus
$3.65M
Other
$840.96K
Total Holdings
$23.73K