Sundar PichaiSundar Pichai earned $164M in 2023
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Adam H. Schechter

CEO of Labcorp Holdings

Born

July 30, 2024 - 0 years ago

Economy Sector

Healthcare

Current Tenure

5 years 4 months (Nov 2019 - Present)

Previous Experience

Unknown

Adam H. Schechter is the CEO of Labcorp Holdings, taking the helm on November 1, 2019. Before leading Labcorp, he gained valuable experience as the Executive Vice President and President of Global Human Health at Merck & Co. Adam is...

Year

2023

Total Compensation

$2.40M

Salary

$1.20M

Board Justification

Labcorp's compensation philosophy is designed to align executive pay with company performance, focusing on long-term value creation and competitive benchmarking against peers.

Bonus

$300.00K

Board Justification

The bonus is based on the company's performance metrics, including revenue growth and operational efficiency, paid out in cash for the fiscal year 2023.

Other

$150.00K

Board Justification

Other compensation includes retirement contributions, life insurance premiums, and other benefits paid in 2023.

Restricted Stock

$750.00K(5K RSU)

Board Justification

5,000 shares of restricted stock units (RSUs) vested in 2023, reflecting the company's stock performance and retention strategy.

Performance Metrics

Performance metrics for 2023 included revenue growth, adjusted earnings per share, and operational efficiency targets.