How much health care’s bigwigs are making
Mike Reddy for STAT
Health care stocks lagged behind the broader market in 2023, and that was reflected in many CEO pay packages.
My colleagues and I completed our annual tradition of analyzing CEO compensation. For 2023, we input data for 313 health care CEOs and found they made $3.5 billion combined last year, compared with $4 billion in 2022. The average chief executive brought home $11 million, while the median was $4.1 million. Those figures compared to an average of $13 million and median of $4.3 million in 2022.
What’s happening? CEOs just weren’t exercising as much stock as usual, and stock values were lower. But like we said last year, that does not mean the industry’s leaders are struggling. The median health care CEO earnings were 51 times the median American household income in 2023.
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