Magellan Health CEO Steven Shulman receives $13M in 2006
Magellan Health reports 2006 executive compensation
By ExecPay News
Published: April 12, 2007
Magellan Health reported fiscal year 2006 executive compensation information on April 12, 2007.
In 2006, five executives at Magellan Health received on average a compensation package of $5.4M.
Average pay of disclosed executives at Magellan Health
Steven J. Shulman, Chief Executive Officer, received $13M in total. 68% of Shulman's compensation, or $8.6M, was in option awards. Shulman also received $1.8M in non-equity incentive plan, $1.1M in salary, $863K in stock awards, as well as $271K in other compensation.
Rene Lerer, Chief Executive Officer, received a compensation package of $7.4M. 68% of the compensation package, or $5M, was in option awards.
Mark S. Demilio, Chief Financial Officer, earned $4.9M in 2006.
Daniel N. Gregoire, General Counsel, received $978K in 2006.
Michael Majerik, Chief Sales and Marketing Officer, earned $952K in 2006.
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Source: SEC filing on April 12, 2007.