J. Mario Molina is the former CEO of Molina Healthcare, known for his strong background in healthcare with an M.D. from UCLA. He took over the company from his father, who founded it. Mario has a solid track record in...

J. Mario Molina is the former CEO of Molina Healthcare, known for his strong background in healthcare with an M.D. from UCLA. He took over the company from his father, who founded it. Mario has a solid track record in the company, serving in various roles since 1991, including as medical director. His leadership has been marked by strategic decisions, but he's faced challenges too. For instance, in 2014, his total compensation was about $1.05 million, with no bonuses due to unmet performance goals. His stock ownership peaked significantly from $18.82 million in 2019 to $60.83 million in 2024, showcasing his strong stake in the company. Despite some fluctuations in earnings and stock value, his commitment to scaling the company has been significant, demonstrating both responsibility and risk. Mario held control of around 3.87% of Molina's shares, reflecting a deep connection to its performance with his family's trust heavily involved in the company’s ownership structure. He highlights an interesting aspect of family business dynamics and how leadership can influence company direction in the healthcare sector.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Molina Healthcare CEOs

M

J. Mario Molina

Ex-CEO of Molina Healthcare

Education

M.D. from the University of California, Los Angeles

Field of Expertise

Healthcare & Life Sciences - Healthcare

Sector of Economy

Healthcare

Born

January 1, 1958 - 67 years ago

CEO of Molina Healthcare for

5 years 0 months (May 2012 - May 2017)

Previous Experience

Various roles within Molina Healthcare, Inc.

Rivals

Competitors/colleagues of J. Mario Molina

H

Samuel N. Hazen

CEO of HCA Healthcare

2023 Compensation

Stock

$24.94M

Salary

$1.51M

Bonus

$5.03M

Other

$577.42K

Total Holdings

$24.51M

C

Sarah M. London

CEO of Centene

2023 Compensation

Stock

$0.00

Salary

$1.40M

Bonus

$2.79M

Other

$285.34K

Total Holdings

$40.36M

S

David S. Chernow

CEO of Select Medical Holdings

2023 Compensation

Stock

$5.88M

Salary

$995.00K

Bonus

$1.89M

Other

$340.77K

Total Holdings

$15.89M

E

Gail K. Boudreaux

CEO of Elevance Health

2023 Compensation

Stock

$0.00

Salary

$1.60M

Bonus

$3.65M

Other

$840.96K

Total Holdings

$152.11M

Holdings

See how much did J. Mario Molina make over time.

J. Mario Molina's stock holdings in Molina Healthcare have shown impressive growth over the years. Initially, his stake was valued at $18.82 million in September 2019, and by March 2024, it shot up to an impressive $67.62 million. His stock's...

J. Mario Molina's stock holdings in Molina Healthcare have shown impressive growth over the years. Initially, his stake was valued at $18.82 million in September 2019, and by March 2024, it shot up to an impressive $67.62 million. His stock's value fluctuated, reaching $35.85 million in February 2021 before hitting a peak of $62.06 million in January 2024. Interestingly, there were months when his holdings saw significant value drops, like in June 2022 when it was $45.52 million, and January 2023 when it dipped further to $47.97 million. This shows how closely tied his wealth was to Molina Healthcare's performance and indicates his strong vested interest in the company’s success.

Mar 17, 2025

M

shares

MOH @ $315.97

Total Stock Sold

$105.33M

MOH

$105.33M

1,610,272 MOH shares

What if they kept their stock?

If J. Mario Molina didn't sell their stock, today they would have:
Extra MOH1,610,272 shares worth $285.45M.
This is 171.01% and $180.12M more than what they got when they sold the stock.

Charitable Transactions

MOH

147,475 shares

MOH

Recent Charitable Transactions

MOH

50,000 shares

MOH

May 12, 2017

Charity

MOH

63,000 shares

MOH

Sep 15, 2016

Charity

MOH

5,000 shares

MOH

Mar 4, 2015

Charity

MOH

19,650 shares

MOH

Mar 14, 2011

Charity

Insider Trading

See recent insider trades of J. Mario Molina.

MOH

$15.04M

MOH at $73.98/share

Dec 11, 2017

Sale

MOH

$47.25M

MOH at $73.98/share

Dec 11, 2017

Sale

MOH

$1.18M

MOH at $78.52/share

Dec 4, 2017

Sale

MOH

$1.14M

MOH at $75.82/share

Nov 3, 2017

Sale

MOH

$1.02M

MOH at $67.73/share

Oct 3, 2017

Sale

MOH

$55.01K

MOH at $68.76/share

Oct 1, 2017

Received

MOH

$971.19K

MOH at $64.75/share

Sep 5, 2017

Sale

MOH

$999.98K

MOH at $66.67/share

Aug 2, 2017

Sale

MOH

$1.03M

MOH at $68.58/share

Jul 3, 2017

Sale

MOH

$55.00K

MOH at $69.18/share

Jul 1, 2017

Received

Compensation History

See how much did J. Mario Molina make over time.

Throughout his tenure as CEO, J. Mario Molina's compensation has varied significantly. In 2014, he earned a base salary of $1.05 million with no bonuses due to performance metrics being unmet, indicating a board philosophy focused on aligning pay with success. In contrast, he received $2.63 million in total compensation in 2013, boosted by a substantial bonus of $1.57 million derived from EBITDA targets. The compensation reflects a broader strategy to drive performance and ensure that leadership compensation is tied directly to results. His package includes potential increases, showing a pay-for-performance outlook, but also aligns closely with the challenges of leading in the healthcare industry.

Year

2014

Total Compensation

$1.05M

Salary

$1.05M

Board Justification

The compensation philosophy is to align executive compensation with performance metrics that promote long-term value creation for shareholders.

Bonus

$0.00

Board Justification

The bonus opportunity is based on the Company’s achievement of specific EBITDA and TSR metrics for fiscal year 2015, with a maximum potential payout of 150% of base salary, but no bonus was earned due to performance metrics not being met.

Other

$0.00

Board Justification

No other compensation was reported for 2014.

Restricted Stock

$0.00(0 RSAs)

Board Justification

No stock awards vested in 2014 as the performance conditions were not met for the PSAs granted in prior years.

Performance Metrics

The performance metrics for 2014 included specific EBITDA and TSR targets, which were not met.

Other Molina Healthcare CEOs

Here are other CEOs of Molina Healthcare

Joseph W. White

Ex-CEO of Molina Healthcare

May 2017 - October 2017