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...

Current Market Cap

$529.46M

Number of Employees

61K

Total Compensation

2021 - 2023

Trending up by 34.62% last year
Showing total compensation for the last 2021 - 2023

Stock

Down by -51.67% last year

Salary

Up by 3.00% last year

Bonus

Up by 0.00% last year

Other

Down by -52.73% last year

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.

SEC Filing

From March 28, 2024

Tim L. Hingtgen

CEO of Community Health Systems

C

Education

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

Field of Expertise

Healthcare & Life Sciences - Healthcare

Born

January 1, 1967 - 57 years ago

Is Founder?

No

Current Tenure

3 years 10 months (Jan 2021 - Present)

Previous Experience

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