Cano Health CEO Marlow Hernandez's 2021 pay jumps 2,910% to $32M
Cano Health reports 2021 executive compensation
By ExecPay News
Published: April 6, 2022
Cano Health reported fiscal year 2021 executive compensation information on April 6, 2022.
In 2021, five executives at Cano Health received on average a compensation package of $12M, a 2,014% increase compared to previous year.
Average pay of disclosed executives at Cano Health
Marlow Hernandez, Chief Executive Officer, received $32M in total, which increased by 2,910% compared to 2020. 60% of Hernandez's compensation, or $19M, was in stock awards. Hernandez also received $344K in non-equity incentive plan, $12M in option awards, $350K in salary, as well as $2.9K in other compensation.
For fiscal year 2021, the median employee pay was $34,747 at Cano Health. Therefore, the ratio of Marlow Hernandez's pay to the median employee pay was 912 to one.
Brian Koppy, Chief Financial Officer, received a compensation package of $11M. 73% of the compensation package, or $7.7M, was in stock awards.
Richard Aguilar, Chief Clinical Officer, earned $10M in 2021, a 2779% increase compared to previous year.
David Armstrong, General Counsel, received $7.7M in 2021, which increases by 2267% compared to 2020.
Mark Novell, Chief Accounting Officer, earned $902K in 2021.
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Source: SEC filing on April 6, 2022.