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Published on FierceHealthcare (http://www.fiercehealthcare.com)

Coventry Health Care's Dale Wolf - CEO Compensation

By danb
Created May 14 2009 - 3:47pm

Dale Wolf - Coventry Health Care

Total Compensation: $9,047,469

Details: Wolf is the only CEO on this list who is no longer employed with his associated health plan; he retired from his position on Jan. 30 [1] of this year after serving in that role since Jan. 1, 2005, and was replaced by former CEO Allen Wise. 

Wolf, whose total compensation dipped quite a bit from 2007 ($14,869,823) to 2008 ($9,047,469), was pleased with the direction the company was headed in at the time of his departure.

"I am proud of what a talented group of people have accomplished over the past 13 years of my association with the company," Wolf said, "and I am confident that the fundamentals which are in place today will carry the company forward to continued success." 

Wolf carried a base salary of $965,000 in 2008, and earned just over $1.9 million in stock awards. His "other compensation," which amounted to $486,447, included transportation on the company's airplane, a company match retirement savings plan and a company match 401(k) plan. 

Related Article:
If health plan profits keep falling, selloffs may begin [2]


Source URL:
http://www.fiercehealthcare.com/story/coventry-health-cares-dale-wolf-ceo-compensation/2009-05-14