Form 8-K · Current Report · Filed 2024-02-26
HCA Healthcare Announces New Executive Officer Performance Excellence Program and Appointments
HCA Healthcare, Inc. has adopted a new 2024 Executive Officer Performance Excellence Program (Executive Officer PEP) to provide performance-based cash awards to executive officers. The program weighting is 80% EBITDA and 20% quality metrics. The Company also appointed Michael R. McAlevey as Executive Vice President and Chief Legal and Administrative Officer, effective April 1, 2024, with a base salary of $990,000 and a long-term equity incentive award. Additionally, William B. Rutherford intends to retire as Executive Vice President and Chief Financial Officer, effective May 1, 2024.
- Filer
- HCA Healthcare Inc. HCA · NYSE
- Filed
- Accession
- 0001193125-24-046240
- CIK
- 0000860730
- Signal
- High impactHealthcare
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Financial Statements and Exhibits
Market reaction
Close before filing
$315.36
Next session
-0.4%
Since filing
+27.7%
Latest close
$402.59
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from HCA reporting the same item, with the next session's move:
Exhibits (1)
About HCA Healthcare Inc.
HCA Healthcare Inc. is a leading healthcare services company that owns and operates healthcare facilities across the United States. It plays a critical role in the healthcare sector by providing comprehensive medical care through its network of hospitals, surgery centers, and urgent care facilities. HCA Healthcare Inc. is renowned for its substantial investments in patient care technology and practice management. The company spans various segments of the healthcare industry, delivering services ranging from acute care to outpatient and specialty healthcare. Its operational reach extends across numerous states, significantly influencing healthcare accessibility and quality of medical services in urban and rural communities alike. Moreover, HCA Healthcare emphasizes clinical excellence, research, and education, contributing to the advancement of medical practices and healthcare innovation. HCA Healthcare Inc.'s extensive network and strategic initiatives enable it to adapt to the dynamic healthcare landscape, offering critical services like emergency care, labor and delivery, and oncology. As a pivotal entity in the healthcare sector, it underscores the importance of integrated health systems in enhancing patient outcomes and supporting community well-being.
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