In 2023, Mark T. Bertolini earned $26.86M in total compensation at Oscar Health, including $450.00K salary, $182.25K bonus and $26.23M in stock. Most recently acquired 1,551 shares in Nov 2019. Currently holds stock worth $54.70M. Has donated $53.02M in stock to charitable causes. 2+ years at the helm of Oscar Health.
Compensation History
Annual executive compensation data for Mark T. Bertolini, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$26.86M
Salary
$450.00K
Bonus
$182.25K
Other
$0.00
Salary
$450.00KBoard Justification
The compensation program is designed to deliver pay in accordance with corporate and individual performance, incentivizing and rewarding superior performance, and providing consequences for underperformance.
Bonus
$182.25KBoard Justification
Annual cash incentive awards were earned based on the achievement of specified Company financial, operational/strategic, growth/innovation and human capital goals, resulting in a payout of 135% of target for 2023.
Other Compensation
$0.00Board Justification
No other compensation was reported for 2023.
Restricted Stock
Board Justification
2,866,666 restricted stock units (RSUs) granted in connection with his appointment as CEO, vesting based solely on continued service, with one-third vesting on each of the first three anniversaries of his employment start date.
Performance Metrics
Annual cash incentive awards based on specified Company financial, operational/strategic, growth/innovation and human capital goals.
Mark T. Bertolini
CEO of Oscar Health
Education
Bachelor's degree in Business Administration from the University of Michigan; MBA from the University of Michigan.
Field of Expertise
Healthcare & Life Sciences - Healthcare
Sector of Economy
Healthcare
Born
January 1, 1962 - 63 years ago
CEO of Oscar Health for
2 years 8 months (Apr 2023 - Present)
Previous Experience
Co-Chief Executive Officer of Bridgewater Associates, LP; CEO of Aetna Inc.
Other Oscar Health CEOs
Holdings
Track Mark T. Bertolini's stock holdings and portfolio value over time.
Charitable Transactions
655,982 shares
CVS
Recent Charitable Transactions
655,982 shares
CVS
Dec 28, 2018
Charity
Insider Trading
Mark T. Bertolini's recent stock transactions, purchases, and sales filed with the SEC.
$116.20K
CVS at $74.92/share
Nov 20, 2019
Received
$116.21K
CVS at $52.30/share
May 16, 2019
Received
655,982 shares
CVS
Dec 28, 2018
Charity
$7.69M
CVS at $10.03/share
Nov 28, 2018
Received
Rivals
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