Healthcare companies have become some of the largest businesses in the U.S. and worldwide, with the sector expected to grow to roughly 20% of the U.S. GDP by 2027. Leaders of these companies have also seen their salaries explode over the last several years as well as other compensation from stocks and bonuses.
With such high earners in the sector, As You Sow decided to rank the 100 most overpaid CEOs across all sectors––and included several healthcare names to know.
Here are the top 5 overpaid healthcare CEOs ranked:
Joseph Hogan, CEO of medical device company Align Technologies
- Total payment: $41,758,338
- Overpayment: $27,119,793
- Median worker pay: $13,180
Stephen MacMillan, chairman, president and CEO of medical technology company Hologic
- Total payment: $42,020,142
- Overpayment: $29,140,855
- Median worker pay: $87,845
Michael Neidorff, CEO of Centene
- Total payment: $26,122,414
- Overpayment: $12,561,836
- Median worker pay: $66,021
Alex Gorsky, CEO of Johnson & Johnson
- Total payment: $20,097,572
- Overpayment: $7,551,949
- Median worker pay: $75,000
Kent Thiry, CEO of Davita
- Total payment: $32,017,501
- Overpayment: $20,477,984
- Median worker pay: $60,889
See the full list here.
Amy joined TriMed Media as a Senior Writer for HealthExec after covering home care for three years. When not writing about all things healthcare, she fulfills her lifelong dream of becoming a pirate by sailing in regattas and enjoying rum. Fun fact: she sailed 333 miles across Lake Michigan in the Chicago Yacht Club "Race to Mackinac."