In 2017, Joseph R. Swedish earned $13.46M in total compensation at Elevance Health, including $1.54M salary and $11.60M in stock. Led Elevance Health as CEO for 4 years.
Compensation History
Annual executive compensation data for Joseph R. Swedish, including salary, bonuses, and stock awards.
Year
2017
Total Compensation
$13.46M
Salary
$1.54M
Bonus
$0.00
Other
$323.77K
Salary
$1.54MBoard Justification
The compensation philosophy emphasizes performance-based pay aligned with company performance and shareholder interests, with a significant portion of total compensation being variable and linked to long-term performance metrics.
Bonus
$0.00Board Justification
The bonus for 2017 was based on the company's performance metrics, which included Adjusted EPS and other operational goals, resulting in a payout of 152.6% of the target bonus.
Other Compensation
$323.77KBoard Justification
Other compensation includes tax equalization payments, executive physical costs, and matching contributions to retirement plans.
Restricted Stock
Board Justification
The stock awards that vested in 2017 were based on performance stock units and restricted stock units granted in previous years, reflecting the company's strong performance over the three-year period.
Performance Metrics
The performance metrics included Adjusted EPS, operating revenue, consumer centricity, provider collaboration, and quality of care.
Joseph R. Swedish
Ex-CEO of Elevance Health
Education
Master's degree in Health Administration from Duke University.
Field of Expertise
Healthcare & Life Sciences - Healthcare
Sector of Economy
Healthcare
Born
December 1, 1951 - 74 years ago
CEO of Elevance Health for
4 years 7 months (Mar 2013 - Nov 2017)
Previous Experience
President and CEO of Trinity Health Corporation.
Holdings
Track Joseph R. Swedish's stock holdings and portfolio value over time.
Insider Trading
Joseph R. Swedish's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
Compare Joseph R. Swedish with competitor CEOs and industry peers.
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Bonus
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Sir Andrew P. Witty
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Bonus
$0.00
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Stock
$0.00
Salary
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