Total compensation for Alan Miller, CEO and chairman of King of Prussia, Pa.-based Universal Health Services, swelled 27 percent last year, from $9.85 million in 2010 to $12.5 million in 2011, according to documents from the U.S. Securities and Exchange Commission.
The large jump was due to $6.85 million in stock option awards. Last year, Mr. Miller earned nothing in stock options and $1.5 million in actual stock awards. He also received $2.72 million in other bonuses and incentives, $1.4 million in long-term disability insurance benefits, $14,225 in country club dues and other compensation and benefits. Mr. Miller's base salary increased slightly to $1.4 million in 2011 compared with $1.38 million in 2010.
Steven Filton, CFO of UHS, earned $1.8 million last year, significantly higher than the $791,569 he earned in 2010. Mr. Filton's base salary increased from $433,517 to $471,018, and he received $812,588 in stock option awards and $456,887 in bonuses.
Marc Miller, UHS president and son of Alan Miller, was the second-highest compensated executive in the organization. He made $2.41 million, with $1.04 million of that total coming from stock option awards.
Last month, the UHS compensation committee approved the bonuses and incentives for the for-profit hospital operator's highest-profile executives, and total compensation documents were released Friday.
The large jump was due to $6.85 million in stock option awards. Last year, Mr. Miller earned nothing in stock options and $1.5 million in actual stock awards. He also received $2.72 million in other bonuses and incentives, $1.4 million in long-term disability insurance benefits, $14,225 in country club dues and other compensation and benefits. Mr. Miller's base salary increased slightly to $1.4 million in 2011 compared with $1.38 million in 2010.
Steven Filton, CFO of UHS, earned $1.8 million last year, significantly higher than the $791,569 he earned in 2010. Mr. Filton's base salary increased from $433,517 to $471,018, and he received $812,588 in stock option awards and $456,887 in bonuses.
Marc Miller, UHS president and son of Alan Miller, was the second-highest compensated executive in the organization. He made $2.41 million, with $1.04 million of that total coming from stock option awards.
Last month, the UHS compensation committee approved the bonuses and incentives for the for-profit hospital operator's highest-profile executives, and total compensation documents were released Friday.
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