Joseph A. Boshart, who was born on June 1, 1952, is a seasoned executive with extensive experience in the healthcare field. He earned his B.S. in Business Administration from the University of Florida. Boshart served as the CEO of Cross...

Joseph A. Boshart, who was born on June 1, 1952, is a seasoned executive with extensive experience in the healthcare field. He earned his B.S. in Business Administration from the University of Florida. Boshart served as the CEO of Cross Country Healthcare, Inc. from 1999 until July 5, 2013, when he retired. During his time there, he not only led the company through various economic challenges but also made a significant impact on its growth trajectory. Interestingly, Boshart opted to forgo bonuses and many cash incentives when the company's performance metrics were not met, reflecting his commitment to aligning his compensation with company performance. He retired with a compensation package in 2013 totaling around $345,941, which included a substantial amount in restricted stock value. Beyond his corporate role, Boshart's tenure saw intersections with staffing and healthcare services, providing him with unique insights into these industries. He leaves behind a legacy of leadership in transforming healthcare staffing for better service delivery. After retiring, Boshart paved the way for new leadership to take on the challenges ahead for Cross Country Healthcare.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Cross Country Healthcare CEOs

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Joseph A. Boshart

Ex-CEO of Cross Country Healthcare

Education

B.A. in Economics from University of Pennsylvania

Field of Expertise

Business & Management

Sector of Economy

Healthcare

Born

May 15, 1953 - 71 years ago

CEO of Cross Country Healthcare for

11 years 6 months (Jan 2002 - Jul 2013)

Previous Experience

Various executive roles at Cross Country Healthcare

Rivals

Competitors/colleagues of Joseph A. Boshart

Holdings

See how much did Joseph A. Boshart make over time.

During his career, Joseph A. Boshart held significant stock in Cross Country Healthcare, reflecting his commitment and belief in the company's future. As of his retirement in July 2013, he had approximately 711,283 shares, which represented around 2.2% of the...

During his career, Joseph A. Boshart held significant stock in Cross Country Healthcare, reflecting his commitment and belief in the company's future. As of his retirement in July 2013, he had approximately 711,283 shares, which represented around 2.2% of the company. This figure marked a considerable drop from previous years when he had varying levels of stock based on performance and vesting events. For instance, at one point, he had an even larger stake, but his focus on long-term growth often meant he opted for stock rewards over immediate cash bonuses. His holdings fluctuated significantly through the years, showcasing the ups and downs of the healthcare industry. His retirement coincided with a period where he had substantial stock vesting events, highlighting his alignment with shareholder interests throughout his tenure at Cross Country Healthcare.

Insider Trading

See recent insider trades of Joseph A. Boshart.

No insider trades found for this CEO.

Compensation History

See how much did Joseph A. Boshart make over time.

Joseph A. Boshart's compensation package as CEO of Cross Country Healthcare was illustrative of his leadership style. In 2013, his total compensation was approximately $345,941, which included a base salary of $523,446 and a significant portion derived from vested stock, totaling around $221,425. Notably, he chose to receive no cash bonuses for multiple years when performance metrics fell short, demonstrating a focus on long-term success over immediate payouts. His compensation was tied closely to performance metrics including EBITDA and EPS targets. Throughout his tenure, he emphasized aligning executive pay with shareholders' interests, reflecting a philosophy of accountability and responsibility to the company. This unique approach helped shape the direction of Cross Country Healthcare during challenging times.

Year

2013

Total Compensation

$748.56K

Salary

$523.45K

Board Justification

The compensation philosophy aims to attract and retain executives while aligning their interests with those of shareholders, focusing on performance-based incentives.

Bonus

$0.00

Board Justification

No annual cash incentive was paid due to performance metrics not being met in 2013.

Other

$3.69K

Board Justification

This includes a one-time service award of $500 in recognition of his 20 years of service and other benefits.

Restricted Stock

$221.43K(42.5K Restricted Stock)

Board Justification

Joseph A. Boshart had 42,500 shares of restricted stock that vested upon retirement on July 5, 2013.

Performance Metrics

The performance metrics for 2013 were not met, resulting in no bonuses for executives, including Joseph A. Boshart.

Other Cross Country Healthcare CEOs

Here are other CEOs of Cross Country Healthcare

William J. Grubbs

Ex-CEO of Cross Country Healthcare

July 2013 - January 2019