Sundar PichaiSundar Pichai earned $164M in 2023

Marc D. Miller became the CEO of Universal Health Services, Inc. in January 2021, following his role as President and Co-Head of the acute care division. He has a solid educational background with a Bachelor's degree in Business Administration from...

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Marc D. Miller

CEO of Universal Health Services

Education

Bachelor's degree from the University of Vermont and an MBA from The Wharton School

Field of Expertise

Healthcare & Life Sciences - Healthcare

Sector of Economy

Healthcare

Born

March 12, 1973 - 52 years ago

CEO of Universal Health Services for

4 years 3 months (Jan 2021 - Present)

Previous Experience

Served as Co-Head of the Acute Care Division since 2007

Holdings

See how much did Marc D. Miller make over time.

Marc D. Miller's stock holdings in Universal Health Services have seen notable changes over the years. In 2019, his holdings peaked at about $122.75 million, reflecting a strong position in the company. However, fluctuations occurred through 2020, with values dipping...

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Total Stock Sold

$24.85M

UHS

$24.85M

359,081 UHS shares

What if they kept their stock?

If Marc D. Miller didn't sell their stock, today they would have:
Extra UHS359,081 shares worth $34.65M.
This is 39.42% and $9.80M more than what they got when they sold the stock.

Charitable Transactions

UHS

107,589 shares

UHS

Recent Charitable Transactions

UHS

107,589 shares

UHS

May 16, 2011

Charity

Insider Trading

See recent insider trades of Marc D. Miller.

UHS

22,755 shares

UHS

Mar 21, 2024

Received

UHS

$6.31M

UHS at $143.05/share

May 10, 2023

Sale

UHS

$1.16M

UHS at $144.51/share

Dec 12, 2019

Sale

UHS

$669.93K

UHS at $111.66/share

Sep 12, 2014

Sale

UHS

$728.04K

UHS at $85.88/share

May 14, 2014

Sale

UHS

$808.71K

UHS at $80.87/share

Dec 13, 2013

Sale

UHS

$940.24K

UHS at $80.10/share

Nov 12, 2013

Sale

UHS

$2.12M

UHS at $70.60/share

Jun 14, 2013

Sale

UHS

$1.03M

UHS at $68.51/share

May 15, 2013

Sale

UHS

$2.77M

UHS at $61.45/share

Mar 14, 2013

Sale

Compensation History

See how much did Marc D. Miller make over time.

In 2023, Marc D. Miller's compensation amounted to around $4.4 million. This total was derived from a base salary of about $1.35 million and a hefty bonus of approximately $3.04 million, which was a result of exceeding performance targets set by the company. The bonus structure represents a pay-for-performance philosophy, reinforcing the idea that his leadership salary closely ties to the overall success of Universal Health Services. Notably, in the previous year (2022), his total compensation was around $10 million, which included bonuses but did not match the targets due to unachieved performance goals. This signifies that, while he can earn substantial amounts when targets are met, compensation can vary dramatically reflecting the underlying performance of the company.

Year

2023

Total Compensation

$4.44M

Salary

$1.35M

Board Justification

The compensation philosophy aligns pay with performance, ensuring that executive compensation reflects the value created for stockholders while supporting strategic business goals.

Bonus

$3.04M

Board Justification

The annual cash incentive bonus for 2023 was based on corporate performance criteria, with a target bonus of 150% of salary, resulting in an actual bonus of 225% of the target due to performance achievements.

Other

$47.21K

Board Justification

Includes perquisites such as country club dues, auto allowance, and sporting event tickets.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants vested in 2023; all stock awards are performance-based and will vest based on future performance metrics.

Performance Metrics

Performance metrics for 2023 included adjusted net income per diluted share and return on capital.

Other Universal Health Services CEOs

Here are other CEOs of Universal Health Services