Dive Brief:
- HCA Holdings Chairman and CEO Milton Johnson got a 20% bonus in 2015, bringing his total compensation up from $14.6 million in 2014 to $17.8 million, according to a regulatory filing.
- Although Johnson received a $200,000 increase in his base salary, stock awards had the biggest impact on his total compensation with $4.3 million. The filing states this year Johnson will make $1.4 million in base salary, up from $1.3 million last year.
- All other HCA top executives included in the filing had bigger base salaries than Johnson in 2015 except COO Sam Hazen whose total compensation decreased from $8.3 million to $7 million.
Dive Insight:
A recent survey from Stanford University's Rock Center for Corporate Governance found Americans are typically wrong when estimating CEO salaries at Fortune 500 companies, Healthcare Dive previously reported. On average, respondents believed the CEO salary was $9.3 million although they make an average of $12.2 million.
In 2014, HCA brought in $36.9 billion in revenue and $1.875 billion in net income, whereas in 2015, the for-profit healthcare facilities operator had $39.7 billion in revenue and $2.13 billion in net income, the Nashville Business Journal reported.
CEO Milton Johnson said during a quarterly call with analysts and investors in January, "We believe the company is well-positioned for continued success."