Joseph W. White has been a vital figure in Molina Healthcare, taking on the role of interim president and CEO in May 2017 during a critical leadership transition. His background in finance, supported by a bachelor's degree in Accounting, laid...

Number of Employees

18K

Year

2017

Total Compensation

$1.29M

Salary

$1.25M

Board Justification

The compensation philosophy is to pay competitively within the marketplace to ensure personnel are motivated to increase profitability and stockholder value, with a focus on performance-based compensation.

Bonus

$0.00

Board Justification

No cash bonus was paid based on the net income metric due to the Company not achieving the 2017 net income entry level of $84 million. Additionally, the compensation committee decided not to award any portion of the discretionary bonus to the named executive officers due to unsatisfactory financial performance in 2017.

Other

$40.23K

Board Justification

Includes 401(k) matching contributions and other benefits.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2017 as the performance metrics were not achieved.

Performance Metrics

The performance metrics included a net income achievement for the fiscal year 2017, which was not met.

SEC Filing

From March 19, 2018

Joseph W. White

Ex-CEO of Molina Healthcare

JW

Education

Bachelor's degree in Accounting

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1957 - 68 years ago

Is Founder?

No

Tenure

0 years 5 months (May 2017 - Oct 2017)

Previous Experience

Chief Financial Officer at Molina Healthcare, Inc.