Jon Kessler is the CEO of HealthEquity, Inc., a healthcare technology company known for its innovative health savings accounts. With a Bachelor's degree from the University of California, Berkeley, and an MBA from Harvard Business School, he's got a solid...

Current Market Cap

$6.98B

Number of Employees

3.15K

Total Compensation

2019 - 2023

Trending down by -5.42% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -5.85% last year

Salary

Up by 0.00% last year

Bonus

Down by -4.17% last year

Other

Up by 54.10% last year

Year

2023

Total Compensation

$13.45M

Salary

$700.00K

Board Justification

The compensation program is designed to attract, retain, motivate, and reward a highly talented team of executive officers, linking compensation to performance and aligning the interests of executive officers with those of stockholders.

Bonus

$805.00K

Board Justification

Based on performance as measured against corporate performance objectives, annual cash bonuses paid to the CEO under the 2024 Executive Bonus Plan were 115% of their target annual cash bonus opportunities.

Other

$16.45K

Board Justification

Includes employer matching contributions made to the Section 401(k) Plan and cybersecurity protection benefits provided to the CEO.

Restricted Stock

$11.93M(135.48K RSU)

Board Justification

Performance-based vesting restricted stock units granted to the CEO, earned based on relative total stockholder return compared to the stock price of the constituents of the Russell 2000 index in the period beginning March 29, 2023 and ending January 31, 2026.

Performance Metrics

The performance metrics for the CEO's compensation include Adjusted EBITDA, revenue, and new HSA sales.

SEC Filing

From May 17, 2024

Jon Kessler

Ex-CEO of HealthEquity

JK

Education

Bachelor's degree from the University of California, Berkeley; MBA from Harvard Business School

Field of Expertise

Healthcare & Life Sciences - Healthcare

Born

January 1, 1970 - 54 years ago

Is Founder?

No

Tenure

4 years 1 month (Jun 2019 - Jul 2023)

Previous Experience

Chief Executive Officer of WageWorks, Inc.; various executive roles at other companies in the healthcare sector

View Holdings

Insider Holdings of Jon Kessler

HQY

$31.34M

$3.46M (12.43%)

Last Insider Trade

HQY

$785.59K

HQY at $83.08/share

Jun 24, 2024

Sale