HCA's performance-related incentives for 4 top execs

Nashville, Tenn.-based HCA Healthcare, the largest hospital operator in the country, has reported performance-related details of its compensation package for senior executives, a Security and Exchange Commission filing April 6 showed.

Under the system's 2023 Senior Officer Performance Excellence Program, the following award opportunities were decided by the company's compensation committee:

  • 170 percent of base salary for Samuel Hazen, CEO (2022 base salary $1.5 million)
  • 125 percent of base salary for William B. Rutherford, CFO (2022 base salary $936,000)
  • 125 percent of base salary for Jon M. Foster, COO (2022 base salary $918,000)
  • 85 percent of base salary for Michael R. McAlevey, chief legal officer (2022 base salary $915,000)

Charles J. Hall retired as president — national group, effective Dec. 31, 2022, and will not participate in the program, HCA said. Any rewards under the PEP will be paid in cash.

Editor's Note: This article originally listed each executive's base salary as their total compensation package in 2022. Base salaries have been updated to reflect accurate totals from last year.

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