Jay Grinney is the former CEO of Encompass Health Corporation, where he served from 2004 until the end of 2016. He holds an MBA from Washington University in St. Louis and has extensive experience in the healthcare industry. Under his...

Jay Grinney is the former CEO of Encompass Health Corporation, where he served from 2004 until the end of 2016. He holds an MBA from Washington University in St. Louis and has extensive experience in the healthcare industry. Under his leadership, the company improved its performance metrics significantly, which directly impacted his compensation, reflecting the company's success. In 2016 alone, Grinney earned a total compensation of nearly $2 million, including a substantial bonus based on performance. He was able to redefine compensation structures to align with the interests of shareholders. During Grinney's tenure, he played a key role in turning around the company after facing challenges from previous management, reclaiming its market position as a leader in rehabilitation services. Interestingly, he participated in equity ownership guidelines that incentivized senior management to align more closely with shareholder interests. Grinney's employment was governed by a detailed agreement that focused on performance metrics like Adjusted EBITDA and allowed for significant severance benefits if terminated without cause. His strategic vision was essential when navigating the complexities of the healthcare sector and making critical decisions during a pivotal time for Encompass Health Corporation.