Details Released about UHS 2013 Executive Bonuses

Posted on April 4, 2013

0


UHS’ compensation committee approved the criteria for 2013’s bonuses for the company’s five top executives, according to a filing with the U.S. Securities and Exchange Commission.

The potential bonuses are:

UHS Chairman and CEO Alan Miller: up to 100 percent of his base salary

President Marc Miller (Alan Miller’s son): up to 65 percent of base salary

CFO Steve Filton, Senior Vice President Debra Osteen and Senior Vice President Marvin Pember: to 50 percent of their salaries

Criteria for bonuses:

The executives’ incentive bonuses for 2013 will be based on a specified range of target levels of adjusted net income per diluted share attributable to UHS, as well as a range of target levels related to the company’s net income divided by quarterly average net capital. These bonuses will be paid out in 2014.

Full story: http://www.beckershospitalreview.com/compensation-issues/universal-health-services-releases-details-on-exec-bonuses-for-2013.html

Advertisements