Joseph R. Swedish, born on December 1, 1951, is the former CEO of Elevance Health, a company he led from March 25, 2013, until November 20, 2017. He holds a master's degree in Health Administration from Duke University, showcasing his...

Current Market Cap

$91.41B

Number of Employees

104.9K

Total Compensation

2013 - 2017

Trending up by 2.67% last year
Showing total compensation for the last 2013 - 2017

Stock

Up by 30.25% last year

Salary

Up by 6.09% last year

Bonus

Up by 0.00% last year

Other

Down by -88.25% last year

Year

2017

Total Compensation

$13.46M

Salary

$1.54M

Board Justification

The compensation philosophy emphasizes performance-based pay aligned with company performance and shareholder interests, with a significant portion of total compensation being variable and linked to long-term performance metrics.

Bonus

$0.00

Board Justification

The bonus for 2017 was based on the company's performance metrics, which included Adjusted EPS and other operational goals, resulting in a payout of 152.6% of the target bonus.

Other

$323.77K

Board Justification

Other compensation includes tax equalization payments, executive physical costs, and matching contributions to retirement plans.

Restricted Stock

$11.60M(84.3K RSU)

Board Justification

The stock awards that vested in 2017 were based on performance stock units and restricted stock units granted in previous years, reflecting the company's strong performance over the three-year period.

Performance Metrics

The performance metrics included Adjusted EPS, operating revenue, consumer centricity, provider collaboration, and quality of care.

SEC Filing

From April 2, 2018

Joseph R. Swedish

Ex-CEO of Elevance Health

JR

Education

Master's degree in Health Administration from Duke University.

Field of Expertise

Healthcare & Life Sciences - Healthcare

Born

December 1, 1951 - 72 years ago

Is Founder?

No

Tenure

4 years 7 months (Mar 2013 - Nov 2017)

Previous Experience

President and CEO of Trinity Health Corporation.