Molina Healthcare President and CEO Joseph Zubretsky earned $18.3 million in 2025.
The company reported the earnings of its top executives in its annual proxy report. Mr. Zubretsky earned roughly $3.6 million less than in 2024, when he was paid $21.9 million in total compensation. None of the five executives received non-equity incentive plan compensation in 2025, compared to payouts ranging from $708,000 to $4.4 million in 2024.
Here’s what Molina’s top executives earned in 2025:
Joseph Zubretsky, president and CEO
Salary: $1,600,000
Stock awards: $16,199,988
Non-equity incentive plan compensation: $0
Other compensation: $540,795
Total compensation: $18,340,783
Mark Keim, CFO
Salary: $1,000,000
Stock awards: $6,250,135
Non-equity incentive plan compensation: $0
Other compensation: $312,049
Total compensation: $7,562,184
James Woys, COO
Salary: $800,000
Stock awards: $4,500,109
Non-equity incentive plan compensation: $0
Other compensation: $56,409
Total compensation: $5,356,518
Jeff Barlow, chief legal officer and secretary
Salary: $685,000
Stock awards: $3,500,053
Non-equity incentive plan compensation: $0
Change in nonqualified deferred compensation earnings: $159,234
Other compensation: $51,037
Total compensation: $4,395,324
Debra Bacon, executive vice president, Medicaid
Salary: $675,000
Stock awards: $2,200,066
Non-equity incentive plan compensation: $0
Change in nonqualified deferred compensation earnings: $8,630
Other compensation: $48,031
Total compensation: $2,931,727
