Magellan Health CEO Barry Smith's 2018 pay jumps 37% to $10M
Magellan Health reports 2018 executive compensation
By ExecPay News
Published: April 29, 2019
Magellan Health reported fiscal year 2018 executive compensation information on April 29, 2019.
In 2018, six executives at Magellan Health received on average a compensation package of $3.4M, a 16% increase compared to previous year.
Barry M. Smith, Chief Executive Officer, received $10M in total, which increased by 37% compared to 2017. 50% of Smith's compensation, or $5.1M, was in stock awards. Smith also received $3.6M in option awards, $1.2M in salary, as well as $241K in other compensation.
For fiscal year 2018, the median employee pay was $64,573 at Magellan Health. Therefore, the ratio of Barry M. Smith's pay to the median employee pay was 157 to one.
Sam K. Srivastava, Former Chief Exec. Officer Magellan Healthcare, received a compensation package of $2.6M, which increased by 18% compared to previous year. 44% of the compensation package, or $1.1M, was in stock awards.
Jonathan N. Rubin, Chief Financial Officer, earned $2.5M in 2018, a 22% increase compared to previous year.
Mostafa M. Kamal, Chief Executive Officer, received $2.1M in 2018, which increases by 34% compared to 2017.
Daniel N. Gregoire, General Counsel, earned $1.6M in 2018, a 16% increase compared to previous year.
Caskie Lewis-Clapper, Chief Human Resources Officer, received $1.4M in 2018.
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