Kevin Clark was the CEO of Cross Country Healthcare, a company focused on staffing and workforce solutions, from January 2019 until early 2023. He has a long history in the healthcare staffing industry, having previously founded and led several companies,...

Kevin Clark was the CEO of Cross Country Healthcare, a company focused on staffing and workforce solutions, from January 2019 until early 2023. He has a long history in the healthcare staffing industry, having previously founded and led several companies, including Pinnacor and OGH, LLC. Clark made a significant impact at Cross Country by driving growth and innovation during his tenure. Under his leadership, the company saw changes in compensation structures, including a notable $4.4 million in compensation in 2021, reflective of strong performance. One interesting detail about his compensation is that in 2022, after transitioning to the Chairman of the Board position, he continued to earn from stock awards, illustrating the importance of leadership continuity. He also showed a commitment to the company during tough times, like during the COVID-19 pandemic when he reduced his salary by 10% in response to the economic impact. Kevin stepped down from the CEO role in March 2022 and has since focused on guiding the company's strategic direction as Chairman. His lengthy career shows a dedication to staffing and technology solutions, making him a key player in the industry.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Cross Country Healthcare CEOs

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Kevin Clark

Founder and CEO of Cross Country Healthcare

Education

B.A. in Business Administration from University of Miami

Sector of Economy

Healthcare

Born

June 22, 1960 - 64 years ago

CEO of Cross Country Healthcare for

6 years 2 months (Jan 2019 - Present)

Previous Experience

Chairman and CEO of Talivity, Inc.

Rivals

Competitors/colleagues of Kevin Clark

Holdings

See how much did Kevin Clark make over time.

Kevin Clark has notable holdings linked to his work at Cross Country Healthcare. Throughout his career, especially during his tenure as CEO, his wealth fluctuated significantly based on stock performance. For instance, in 2020, he held restricted stock worth approximately...

Kevin Clark has notable holdings linked to his work at Cross Country Healthcare. Throughout his career, especially during his tenure as CEO, his wealth fluctuated significantly based on stock performance. For instance, in 2020, he held restricted stock worth approximately $5.5 million, which speaks to his deep ties to the company. His stock awards continued to vest even after he shifted to a board position, reflecting the ongoing vested interest in Cross Country's future. Over the years, he benefitted from various stock grants that significantly contributed to his financial portfolio, ensuring that a large portion of his wealth was directly tied to his performance and the company's success. By the end of 2022, these holdings were valued significantly, indicating the success of his leadership period. This pattern of stock ownership was important in aligning his interests with those of shareholders.

Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Kevin Clark make over time.

In 2023, Kevin Clark's total compensation as CEO of Cross Country Healthcare was $310,000, which included a salary of $160,000 and a substantial amount from vested stock awards valued at $150,000. His pay was well structured, promoting performance and reflecting his influence in the company. For context, back in 2021, his total compensation soared to about $4.4 million, driven by a $1.3 million bonus tied to hitting performance targets. This highlights how his remuneration was closely tied to company outcomes, emphasizing accountability. After he transitioned to Chairman of the Board in 2022, his compensation shifted to reflect that role, but he continued to benefit from ongoing stock complexity and grants. The overall compensation strategy at Cross Country was designed to motivate top executives while ensuring their pay remained competitive and performance-oriented, underscoring their focus on retaining and encouraging key talent amidst industry changes.

Year

2023

Total Compensation

$470.00K

Salary

$160.00K

Board Justification

The compensation philosophy aims to align executive compensation with performance and market benchmarks, ensuring retention and motivation of key executives.

Bonus

$0.00

Board Justification

No bonus was specified for the year 2023.

Other

$0.00

Board Justification

No other compensation was specified for the year 2023.

Restricted Stock

$310.00K(150K Common Stock)

Board Justification

Kevin Clark received a grant of restricted shares of Common Stock on June 1, 2023, under the Company’s 2020 Omnibus Incentive Plan, which vested in 2023.

Performance Metrics

Performance metrics for the CEO's compensation are based on company performance and strategic objectives.

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