Laboratory Corp. of America Holdings CEO DAVID KING's 2018 pay rises 5% to $12M

Laboratory Corp. of America Holdings reports 2018 executive compensation

By ExecPay News

Published: March 29, 2019

Laboratory Corp. of America Holdings reported fiscal year 2018 executive compensation information on March 29, 2019.

In 2018, five executives at Laboratory Corp. of America Holdings received on average a compensation package of $6M, a 16% increase compared to previous year.

Average pay of disclosed executives at Laboratory Corp. of America Holdings

DAVID P. KING, Chief Executive Officer, received $12M in total, which increased by 5% compared to 2017. 61% of KING's compensation, or $7.5M, was in stock awards. KING also received $1.6M in non-equity incentive plan, $1.8M in option awards, $1.2M in salary, as well as $189K in other compensation.

For fiscal year 2018, the median employee pay was $43,230 at Laboratory Corp. of America Holdings. Therefore, the ratio of DAVID P. KING's pay to the median employee pay was 284 to one.

John D. Ratliff, Chief Executive Officer, received a compensation package of $7.5M, which increased by 50% compared to previous year. 68% of the compensation package, or $5.1M, was in stock awards.

Gary M. Huff, Chief Executive Officer, earned $5.4M in 2018, a 27% increase compared to previous year.

GLENN A. EISENBERG, Chief Financial Officer, received $3.4M in 2018, which increases by 1% compared to 2017.

F. SAMUEL EBERTS III, Chief Legal Officer, earned $1.5M in 2018, a 2% decrease compared to previous year.