Sundar PichaiSundar Pichai earned $164M in 2023
S

Richard K. Matros

CEO of Sabra Healthcare

Education

Not specified

Field of Expertise

Healthcare & Life Sciences - Healthcare

Born

January 1, 1959 - 66 years ago

Economy Sector

Real Estate

Current Tenure

14 years 10 months (May 2010 - Present)

Previous Experience

Chief Executive Officer and President of Bright Now! Dental from 1998 to 2000

Richard K. Matros has been at the helm of Sabra Healthcare REIT, Inc. since its inception in 2010. Starting as CEO and Chairman, he brings over 35 years of experience in the healthcare industry, leading positions in long-term care and...

Year

2023

Total Compensation

$8.04M

Salary

$925.00K

Board Justification

The compensation philosophy aims to align executive compensation with long-term stockholder value, referencing the 50th percentile of peer group compensation for target total direct compensation.

Bonus

$2.78M

Board Justification

In 2023, the target bonus opportunity under the bonus program was set at 150% of base salary for Mr. Matros, with a maximum bonus equal to 200% of the target bonus amount. The bonus was earned based on adjusted normalized FFO performance per share for 2023.

Other

$0.00

Board Justification

No other compensation was reported for 2023.

Restricted Stock

$4.34M(306.75K RSU)

Board Justification

The stock awards that vested in 2023 were based on performance conditions and time-based vesting, with the total number of shares vested being 306,751.

Performance Metrics

The performance metrics for determining the compensation included adjusted normalized FFO per share and total shareholder return.