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...

Current Market Cap

$20.17B

Number of Employees

18K

Total Compensation

2017 - 2017

Trending up by 0.00% last year
Showing total compensation for the last 2017 - 2017

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

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