Pfizer CEO Albert Bourla, PhD, was the highest-paid executive out of the 11 healthcare firms in the top 50 companies on the 2023 Fortune 500 rankings.
Five payer companies — UnitedHealth Group, CVS Health, Cigna, Centene and Humana — are also among the top firms. Their execs were some of the highest paid among healthcare firms.
Here's how payer execs pay compared to leaders in pharmaceutical and medical supply companies in 2022, according to SEC filings:
1. Dr. Albert Bourla, Pfizer
Fortune 500 rank: No. 38
- Salary: $1,737,500
- Stock awards: $9,296,191
- Option awards: $9,526,444
- Non-equity incentive plan compensation: $7,650,000
- Change in pension value and non-qualified deferred compensation earnings: $2,473,747
- Other compensation: $2,333,571
- Total: $33,017,453
2. Karen Lynch, CVS Health
Fortune 500 rank: No. 6
- Salary: $1,487,500
- Stock awards: $12,374,946
- Option awards: $4,124,984
- Non-equity incentive plan: $2,975,000
- Other compensation: $354,625
- Total: $21,317,055
3. David Cordani, Cigna
Fortune 500 rank: No. 15
- Salary: $1,500,000
- Stock awards: $12,644,278
- Option awards: $2,900,029
- Non-equity incentive plan: $3,600,000
- Other compensation: $321,197
- Total: $20,965,504
4. Gail Boudreux, Elevance Health
Fortune 500 rank: No. 22
- Salary: $1,600,000
- Stock awards: $11,100,128
- Option awards: $3,699,929
- Non-equity incentive compensation: $3,840,000
- Other compensation: $691,024
- Total: $20,931,081
5. Andrew Witty, UnitedHealth Group
Fortune 500 rank: No. 5
- Salary: $1,500,000
- Stock awards: $12,375,672
- Option awards: $4,125,100
- Non-equity incentive compensation: $2,760,000
- Other compensation: $104,334
- Total: $20,865,106
6. Brian Tyler, McKesson
Fortune 500 rank: No. 9
- Salary: $1,375,000
- Stock awards: $12,250,438
- Non-equity incentive plan compensation: $4,210,938
- Other compensation: $315,706
- Total: $18,152,082
7. Bruce Broussard, Humana
Fortune 500 rank: No. 42
- Salary: $1,349,465
- Stock awards: $9,638,547
- Option awards: $2,785,410
- Non-equity incentive plan compensation: $2,785,410
- All other compensation: $353,028
- Total: $17,198,844
8. Steven Collis, AmeriSource Bergen
Fortune 500 rank: No. 11
- Salary: $1,400,000
- Stock Awards: $11,250,120
- Non-equity incentive plan compensation: $3,215,332
- Other compensation: $870,300
- Total: $16,735,752
9. Michael Kaufmann, Cardinal Health
Fortune 500 rank: No. 14
- Salary: $1,341,781
- Stock Awards: $11,051,066
- Non-equity incentive plan compensation: $805,068
- Other compensation: $265,642
- Total: $13,463,557
10. Sarah London, Centene
Fortune 500 rank: 25
- Salary: $1,359,038
- Stock Awards: $7,624,974
- Non-equity incentive plan compensation: $4,041,866
- Other compensation: $220,569
- Total: $13,246,447
11. Joaquin Duato, Johnson & Johnson
Fortune 500 rank: No. 40
- Salary: $1,490,962
- Stock awards: $5,940,829
- Option awards: $2,318,959
- Non-equity incentive plan compensation: $3,079,750
- Other compensation: $268,987
- Total: $13,099,487