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...

Number of Employees

96.7K

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.

SEC Filing

From April 4, 2024

Marc D. Miller

CEO of Universal Health Services

U

Education

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

Field of Expertise

Healthcare & Life Sciences - Healthcare

Born

March 12, 1973 - 51 years ago

Is Founder?

No

Current Tenure

4 years 0 months (Jan 2021 - Present)

Previous Experience

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