David S. Chernow holds a significant amount of stock in Select Medical, which peaked in value as he navigated the company to new heights during his tenure. In 2023, he was reported to have 250,000 shares that will vest gradually,...
David S. Chernow holds a significant amount of stock in Select Medical, which peaked in value as he navigated the company to new heights during his tenure. In 2023, he was reported to have 250,000 shares that will vest gradually, an indication of trust in the company’s long-term growth. In the past, he has seen fluctuations in his wealth based on stock performance, especially significant when he first joined the company with a large stock award. This strategy shows his commitment to the company's future and aligns his earnings with that of the shareholders. With a vested stock value of around $6.9 million as of last year, his financial future is closely tied to the company's performance, a classic move for CEOs looking to ensure they have skin in the game.