Mark Heaney served as the CEO of Addus HomeCare from its inception in 2010 until 2016. During his tenure, he was pivotal in leading the company in the healthcare space, emphasizing growth and performance. Despite his background not being specified,...

Mark Heaney served as the CEO of Addus HomeCare from its inception in 2010 until 2016. During his tenure, he was pivotal in leading the company in the healthcare space, emphasizing growth and performance. Despite his background not being specified, Heaney made significant contributions, which were reflected in his compensation. In 2016, he earned nearly $2.6 million in total compensation, driven primarily by performance-based bonuses linked to the company's earnings. His salary peaked at $471,154, indicating a strategic alignment with company success. Interesting to note is the total stock awards he received, which included options for 150,000 shares to motivate long-term growth. Notably, Heaney transitioned out of the CEO role in early 2016 but continued to be part of the board, showcasing his lasting impact on the company's direction. His choices during the time in office, especially the focus on performance metrics tied to the company’s earnings, highlight a classic example of aligning executive responsibilities with shareholder interests.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Addus HomeCare CEOs

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Mark Heaney

Ex-CEO of Addus HomeCare

Field of Expertise

Healthcare & Life Sciences - Healthcare

Sector of Economy

Healthcare

CEO of Addus HomeCare for

8 years 0 months (Jan 2008 - Jan 2016)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Mark Heaney

Holdings

See how much did Mark Heaney make over time.

Throughout his time at Addus HomeCare, Mark Heaney accumulated significant equity holdings in the company. As of the end of 2015, he had 179,863 options that were already exercisable and an additional unexercised pool of 49,000 options that were set...

Throughout his time at Addus HomeCare, Mark Heaney accumulated significant equity holdings in the company. As of the end of 2015, he had 179,863 options that were already exercisable and an additional unexercised pool of 49,000 options that were set to vest in the coming years. His most significant equity value came from the 50,000 shares of restricted stock granted in 2013, which contributed to an impressive unvested stock value of about $793,336 at the end of 2015. His holdings saw notable fluctuation over his career, particularly as he transitioned out of the CEO role, leading to a reevaluation of his stock options and entitlements. While he made substantial gains on his vested stock awards, notably receiving $267,875 in value for vested stock in 2015, his departure in January 2016 marked a turning point, as many options became forfeited thereafter.

Mar 18, 2025

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shares

ADUS @ $91.01

Total Stock Sold

$390.96K

ADUS

$390.96K

13,500 ADUS shares

What if they kept their stock?

If Mark Heaney didn't sell their stock, today they would have:
Extra ADUS13,500 shares worth $1.24M.
This is 217.58% and $850.64K more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Mark Heaney.

ADUS

$393.70K

ADUS at $29.16/share

Sep 3, 2015

Sale

ADUS

9,078 shares

ADUS

Apr 17, 2015

Received

ADUS

50,000 shares

ADUS

Mar 11, 2013

Received

Compensation History

See how much did Mark Heaney make over time.

Mark Heaney's compensation during his leadership at Addus HomeCare was structured to emphasize performance and alignment with the company's goals. In the years he led the company, his total pay fluctuated significantly. For instance, in 2016, he earned $2,589,858, which included a base salary of $471,154 and a sizable performance-based bonus of $105,000 associated with company EBITDA targets. Earlier, in 2015, his total compensation was approximately $559,589, reflecting a salary of $426,108 along with options and incentive compensation. The compensation strategy clearly aimed to attract and retain talented executives like Heaney, with performance metrics playing a crucial role in their incentives. This compensation philosophy created an alignment between the CEO's financial interests and those of shareholders, a common approach aiming for sustained company success. Overall, Heaney's packages were generous yet conditional on performance, leading to a solid financial picture for both the CEO and the company.

Year

2016

Total Compensation

$949.74K

Salary

$471.15K

Board Justification

The compensation program is designed to attract and retain talented executives, motivate them to pursue corporate objectives, and maximize long-term growth.

Bonus

$105.00K

Board Justification

Annual cash incentive awards earned pursuant to the Company’s annual bonus program based on performance against Adjusted EBITDA targets.

Other

$23.09K

Board Justification

Includes life insurance premiums, personal benefits, and reimbursed expenses.

Restricted Stock

$350.50K(10K restricted stock)

Board Justification

10,000 shares of restricted stock that vested in 2016, based on the market price of the Company common stock at the end of the vesting date.

Performance Metrics

Performance-based cash compensation based on the achievement of certain levels of Company Adjusted EBITDA.

Other Addus HomeCare CEOs

Here are other CEOs of Addus HomeCare

R. Dirk Allison

CEO of Addus HomeCare

January 2016 - Present