The shareholder advocacy group published its 10th annual list of the most overpaid CEOs on Nov. 15.
The ranking is based on three factors: excess pay, determined by the ratio of CEO pay to shareholder return; the percentage of shareholders who voted against executives’ compensation packages; and CEO-to-worker pay ratio. ‘
Here are the three payer CEOs on As You Sow’s list:
46. Karen Lynch, CEO of CVS Health
- Pay: $21.32 million
- CEO-to-worker pay ratio: 380:1
- Shareholder votes against CEO pay: 12%
- Excess pay: $6.5 million
80. Joseph Zubretsky, CEO of Molina Healthcare
- Pay: $22.13 million
- CEO-to-worker pay ratio: 293:1
- Shareholder votes against CEO pay: 7%
- Excess pay: $6.34 million
81. David Cordani, CEO of the Cigna Group
- Pay: $20.97 million
- CEO-to-worker pay ratio: 277:1
- Shareholder votes against CEO pay: 7%
- Excess pay: $5.82 million
See all of the healthcare CEOs on As You Sow’s list here.
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 17–19 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.
