WellCare Health Plans CEO Kenneth Burdick's 2018 pay rises 12% to $13M
WellCare Health Plans reports 2018 executive compensation
By ExecPay News
Published: April 8, 2019
WellCare Health Plans reported fiscal year 2018 executive compensation information on April 8, 2019.
In 2018, five executives at WellCare Health Plans received on average a compensation package of $4.6M, a 15% increase compared to previous year.
Average pay of disclosed executives at WellCare Health Plans
Kenneth A. Burdick, Chief Executive Officer, received $13M in total, which increased by 12% compared to 2017. 67% of Burdick's compensation, or $8.5M, was in stock awards. Burdick also received $2.9M in non-equity incentive plan, $1.3M in salary, as well as $21K in other compensation.
For fiscal year 2018, the median employee pay was $81,647 at WellCare Health Plans. Therefore, the ratio of Kenneth A. Burdick's pay to the median employee pay was 155 to one.
Andrew L. Asher, Chief Financial Officer, received a compensation package of $3.4M, which increased by 9% compared to previous year. 49% of the compensation package, or $1.7M, was in stock awards.
Kelly A. Munson, Executive Vice President,, earned $2.6M in 2018, a 28% increase compared to previous year.
Michael R. Polen, Executive Vice President, Medicare and Operations, received $2.6M in 2018, which increases by 28% compared to 2017.
Anat Hakim, General Counsel, earned $2M in 2018.
Related executives
Kenneth Burdick
WellCare Health Plans
Chief Executive Officer
Andrew Asher
WellCare Health Plans
Chief Financial Officer
Kelly Munson
WellCare Health Plans
Executive Vice President,
Michael Polen
WellCare Health Plans
Executive Vice President, Medicare and Operations
Anat Hakim
WellCare Health Plans
General Counsel
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Source: SEC filing on April 8, 2019.