Elevance Health’s 5 highest-earning executives in 2023

Elevance Health CEO Gail Boudreaux was paid $21.9 million in total compensation in 2023, up from $20.9 million in 2022

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The company’s CEO-to-employee pay ratio was 389:1 in 2023, according to regulatory documents the company filed March 29. 

Here were the company’s five highest-paid executives in 2023:  

President and CEO Gail Boudreaux 

  • Salary: $1,600,000
  • Stock awards: $11,850,043
  • Option awards: $3,950,036
  • Non-equity incentive plan: $3,648,000
  • Other compensation: $840,960 
  • Total compensation: $21,889,039 

CFO Mark Kaye 

  • Salary: $252,692  
  • Stock awards: $10,775,411 
  • Option awards: $924,613  
  • Non-equity incentive plan: $351,748 
  • Other compensation: $54,737  
  • Total compensation: $12,359,201 

Chief Legal and Administrative Officer Blair Todt 

  • Salary: $833,846 
  • Stock awards: $5,000,648 
  • Option awards: $999,708 
  • Non-equity incentive plan: $1,155,711 
  • All other compensation: $123,059 
  • Total compensation: $8,112,972  

President of Carelon and CarelonRx Peter Haytaian 

  • Salary: $944,231
  • Stock awards: $3,225,051 
  • Option awards: $1,074,976  
  • Non-equity incentive plan: $1,314,369
  • Other compensation: $419,424 
  • Total: $6,978,051  

President of Government Health Benefits Felicia Norwood 

  • Salary: $944,231 
  • Stock awards: $3,225,051 
  • Option awards: $1,074,976 
  • Non-equity incentive plan: $1,087,754  
  • Other compensation: $143,396 
  • Total: $6,475,408 

Former CFO John Gallina was also among the Elevance Health’s highest paid executives in 2023. He was paid $8.2 million in total compensation in 2023. Mr. Gallina retired from the CFO role Nov. 1 and remains a special adviser to the CEO.

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