Tim L. Hingtgen is the CEO of Community Health Systems, Inc. since January 2021. He holds a Master's degree in business administration from the University of Nevada, Las Vegas, and has over 20 years of experience in healthcare management. Hingtgen's...

Tim L. Hingtgen is the CEO of Community Health Systems, Inc. since January 2021. He holds a Master's degree in business administration from the University of Nevada, Las Vegas, and has over 20 years of experience in healthcare management. Hingtgen's journey at Community Health Systems began in 2008 as a vice president and took him through several leadership roles, including Executive Vice President of Operations before becoming CEO. In 2023, he earned a total compensation of approximately $8.3 million, mostly driven by performance-based incentives that align with the company's financial goals. Notably, in his previous role, he managed operations for numerous hospitals across various states, showcasing his extensive reach and influence in healthcare. Hingtgen's expertise and strategic insight are critical as Community Health Systems navigates the complexities of the healthcare industry and seeks to enhance its operational efficiency while delivering quality care to its patients.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Community Health Systems CEOs

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Tim L. Hingtgen

CEO of Community Health Systems

Education

Master's degree in business administration from the University of Nevada, Las Vegas

Field of Expertise

Healthcare & Life Sciences - Healthcare

Sector of Economy

Healthcare

Born

January 1, 1967 - 58 years ago

CEO of Community Health Systems for

4 years 3 months (Jan 2021 - Present)

Previous Experience

President and Chief Operating Officer of Community Health Systems, Inc.

Rivals

Competitors/colleagues of Tim L. Hingtgen

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Samuel N. Hazen

CEO of HCA Healthcare

2023 Compensation

Stock

$24.94M

Salary

$1.51M

Bonus

$5.03M

Other

$577.42K

Total Holdings

$24.51M

A

Christopher H. Hunter

CEO of Acadia Healthcare

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$1.65M

Other

$962.00

Total Holdings

$6.23M

Holdings

See how much did Tim L. Hingtgen make over time.

Tim L. Hingtgen's holdings in Community Health Systems reflect his strong commitment to the company’s performance. As of the last reporting, he held approximately 357,774 shares. His wealth was significantly tied to these holdings, especially considering they represented a considerable...

Tim L. Hingtgen's holdings in Community Health Systems reflect his strong commitment to the company’s performance. As of the last reporting, he held approximately 357,774 shares. His wealth was significantly tied to these holdings, especially considering they represented a considerable portion of his total compensation package, which reached $8.3 million in 2023. The stock granted to him has the potential for substantial growth, depending on the company's performance metrics. For example, in 2023, he received 400,000 performance-based restricted stock awards, indicating the board's confidence in his vision for the company. Hingtgen's holdings demonstrate his alignment with shareholder interests, as his financial success is directly tied to Community Health Systems' performance in the market.

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Insider Trading

See recent insider trades of Tim L. Hingtgen.

No insider trades found for this CEO.

Compensation History

See how much did Tim L. Hingtgen make over time.

Tim L. Hingtgen's compensation reflects his leadership role in a challenging healthcare environment. In 2023, he earned a total of $8.3 million, which included a base salary of $1.3 million and a performance bonus of $3.69 million based on key metrics such as EBITDA and revenue growth. His compensation is structured to incentivize strong performance, as seen with 241,666 shares vesting in restricted stock awards. This approach aligns Hingtgen's financial outcomes with the health of Community Health Systems, encouraging a focus on long-term value creation. In previous years, his compensation varied, with 2022 showing a lower total of $1.98 million, emphasizing how closely his earnings track with the company’s performance and strategic objectives. Thus, his financial rewards are a reflection of the company's success and operational effectiveness.

Year

2023

Total Compensation

$6.81M

Salary

$1.29M

Board Justification

The compensation philosophy is designed to align the interests of the CEO with those of the stockholders, focusing on performance-based incentives and market competitiveness.

Bonus

$3.69M

Board Justification

The annual cash incentive compensation awarded to the CEO for 2023 was based on performance metrics, achieving 72% of his target cash incentive award for the year.

Other

$347.17K

Board Justification

Other compensation includes long-term disability premiums, 401(k) matching contributions, life insurance premiums, and membership dues.

Restricted Stock

$1.49M(241.67K RSU)

Board Justification

The stock awards that vested in 2023 were based on performance metrics achieved over the previous three years, with a total of 241,666 shares vesting during the year.

Performance Metrics

The performance metrics for the CEO's compensation in 2023 included financial goals such as Consolidated Adjusted EBITDA, Same-Store Net Revenue Growth, and Total Shareholder Return.

Other Community Health Systems CEOs

Here are other CEOs of Community Health Systems

Wayne T. Smith

Ex-CEO of Community Health Systems

January 2011 - January 2021