Genesis Healthcare CEO George Hager's 2019 pay rises 8% to $3M
Genesis Healthcare reports 2019 executive compensation
By ExecPay News
Published: April 24, 2020
Genesis Healthcare reported fiscal year 2019 executive compensation information on April 24, 2020.
In 2019, five executives at Genesis Healthcare received on average a compensation package of $1.3M, a 7% decrease compared to previous year.
Average pay of disclosed executives at Genesis Healthcare
George V. Hager, Jr, Chief Executive Officer, received $3M in total, which increased by 8% compared to 2018. 36% of Hager's compensation, or $1.1M, was in stock awards. Hager also received $973K in non-equity incentive plan, $900K in salary, as well as $42K in other compensation.
For fiscal year 2019, the median employee pay was $31,654 at Genesis Healthcare. Therefore, the ratio of George V. Hager, Jr's pay to the median employee pay was 95 to one.
Thomas DiVittorio, Chief Financial Officer, received a compensation package of $982K, which decreased by 17% compared to previous year. 53% of the compensation package, or $525K, was in salary.
Paul Bach, Chief Operating Officer, earned $972K in 2019, a 18% decrease compared to previous year.
JoAnne Reifsnyder, Executive Vice President Clinical Operations and Chief Nursing Officer, received $764K in 2019, which decreases by 17% compared to 2018.
Michael Sherman, General Counsel, earned $694K in 2019, a 19% decrease compared to previous year.
Related executives
George Hager
Genesis Healthcare
Chief Executive Officer
Thomas DiVittorio
Genesis Healthcare
Chief Financial Officer
Paul Bach
Genesis Healthcare
Chief Operating Officer
JoAnne Reifsnyder
Genesis Healthcare
Executive Vice President Clinical Operations and Chief Nursing Officer
Michael Sherman
Genesis Healthcare
General Counsel
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Source: SEC filing on April 24, 2020.