Bright Health Group CEO G Mikan's 2021 pay jumps 3,194% to $181M
Bright Health Group reports 2021 executive compensation
By ExecPay News
Published: April 15, 2022
Bright Health Group reported fiscal year 2021 executive compensation information on April 15, 2022.
In 2021, five executives at Bright Health Group received on average a compensation package of $57M, a 2,449% increase compared to previous year.
G. Mike Mikan, Chief Executive Officer, received $181M in total, which increased by 3,194% compared to 2020. 52% of Mikan's compensation, or $95M, was in stock awards. Mikan also received $1.3M in bonus, $84M in option awards, $1M in salary, as well as $10K in other compensation.
Cathy Smith, Chief Financial Officer, received a compensation package of $30M, which increased by 1806% compared to previous year. 54% of the compensation package, or $16M, was in stock awards.
Sam Srivastava, Chief Executive Officer, earned $28M in 2021, a 2124% increase compared to previous year.
Simeon Schindelman, Chief Executive Officer, received $26M in 2021, which increases by 1976% compared to 2020.
Keith Nelsen, General Counsel, earned $22M in 2021, a 1203% increase compared to previous year.