Molina Healthcare Management

Management criteria checks 3/4

Molina Healthcare's CEO is Joe Zubretsky, appointed in Nov 2017, has a tenure of 6.42 years. total yearly compensation is $21.49M, comprised of 7% salary and 93% bonuses, including company stock and options. directly owns 0.6% of the company’s shares, worth €112.74M. The average tenure of the management team and the board of directors is 5.3 years and 8.8 years respectively.

Key information

Joe Zubretsky

Chief executive officer

US$21.5m

Total compensation

CEO salary percentage	7.0%
CEO tenure	6.4yrs
CEO ownership	0.6%
Management average tenure	5.3yrs
Board average tenure	8.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joe Zubretsky's remuneration changed compared to Molina Healthcare's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$1b
Dec 31 2023	US$21m	US$2m	US$1b
Sep 30 2023	n/a	n/a	US$931m
Jun 30 2023	n/a	n/a	US$916m
Mar 31 2023	n/a	n/a	US$855m
Dec 31 2022	US$22m	US$2m	US$792m
Sep 30 2022	n/a	n/a	US$839m
Jun 30 2022	n/a	n/a	US$752m
Mar 31 2022	n/a	n/a	US$689m
Dec 31 2021	US$20m	US$2m	US$659m
Sep 30 2021	n/a	n/a	US$590m
Jun 30 2021	n/a	n/a	US$632m
Mar 31 2021	n/a	n/a	US$723m
Dec 31 2020	US$18m	US$1m	US$673m
Sep 30 2020	n/a	n/a	US$807m
Jun 30 2020	n/a	n/a	US$797m
Mar 31 2020	n/a	n/a	US$717m
Dec 31 2019	US$18m	US$1m	US$737m
Sep 30 2019	n/a	n/a	US$770m
Jun 30 2019	n/a	n/a	US$792m
Mar 31 2019	n/a	n/a	US$798m
Dec 31 2018	US$15m	US$1m	US$707m
Sep 30 2018	n/a	n/a	US$244m
Jun 30 2018	n/a	n/a	-US$50m
Mar 31 2018	n/a	n/a	-US$482m
Dec 31 2017	US$20m	US$175k	-US$512m

Compensation vs Market: Joe's total compensation ($USD21.49M) is above average for companies of similar size in the German market ($USD5.58M).

Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.

CEO

Joe Zubretsky (66 yo)

6.4yrs

Tenure

US$21,491,723

Compensation

Mr. Joseph Michael Zubretsky, also known as Joe, has been President, Chief Executive Officer and Director of Molina Healthcare, Inc. since November 6, 2017. Mr. Zubretsky served as President and Chief Exec...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Joseph Zubretsky	President	6.4yrs	US$21.49m	0.60% $ 112.7m
Mark Keim	Senior EVP	3.2yrs	US$6.40m	0.081% $ 15.3m
James Woys	Senior EVP & COO	less than a year	US$5.54m	0.11% $ 20.5m
Maurice Hebert	Chief Accounting Officer	5.6yrs	US$1.27m	0.017% $ 3.2m
Jeffrey Barlow	Chief Legal Officer & Corporate Secretary	13.8yrs	US$4.89m	0.12% $ 23.0m
Joseph Krocheski	Senior Vice President of Investor Relations	2.5yrs	no data	no data
Joann Zarza-Garrido	Vice President of Compliance	17.7yrs	no data	no data
Larry Anderson	Executive VP & Chief Human Resources Officer	5.3yrs	no data	no data
Keith Wilson	Chief Medical Officer	9.7yrs	no data	no data
John Kotal	Chief Operating Officer of Molina Healthcare of California	no data	no data	no data
David Reynolds	Senior Vice President of Health Plans	4.3yrs	no data	no data
Jason Dees	Executive VP of Marketplace & Chief Medical Officer	4.3yrs	no data	no data

5.3yrs

Average Tenure

60yo

Average Age

Experienced Management: MHG's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Joseph Zubretsky	President	6.4yrs	US$21.49m	0.60% $ 112.7m
Dale Wolf	Independent Non-Executive Chairman of the Board	11.1yrs	US$545.46k	0.026% $ 4.8m
Daniel Cooperman	Independent Director	11.1yrs	US$354.98k	0.0099% $ 1.9m
Steven Orlando	Independent Director	18.4yrs	US$380.46k	0.035% $ 6.6m
Ronna Romney	Independent Vice Chair of the Board	21.3yrs	US$385.46k	0.029% $ 5.5m
Barbara Brasier	Independent Director	4.9yrs	US$347.96k	0.0063% $ 1.2m
Richard Zoretic	Independent Director	5.7yrs	US$359.98k	0.011% $ 2.1m
Stephen Lockhart	Independent Director	2.9yrs	US$332.96k	0.0039% $ 726.8k
Richard Schapiro	Independent Director	8.8yrs	US$357.96k	0.019% $ 3.7m

8.8yrs

Average Tenure

67yo

Average Age

Experienced Board: MHG's board of directors are considered experienced (8.8 years average tenure).

Molina Healthcare Management

Management criteria checks 3/4

Key information

Recent management updates

Molina Healthcare, Inc., Annual General Meeting, May 01, 2024

Senior EVP recently sold €5.4m worth of stock

Insider recently sold €3.5m worth of stock

Molina Healthcare, Inc. Names Aaron Dunkel as Plan President for Kansas

Molina Healthcare, Inc. Announces Management Promotions

Molina Healthcare Appoints Frank Clepper as Plan President

Recent updates

Molina Healthcare, Inc. Re-Affirms Earnings Guidance for the Full Year 2024

Molina Healthcare, Inc. Provides Earnings Guidance for the Full Year 2024

First quarter 2024 earnings released: EPS: US$5.16 (vs US$5.58 in 1Q 2023)

Molina Healthcare, Inc., Annual General Meeting, May 01, 2024

Molina Healthcare, Inc. to Report Q1, 2024 Results on Apr 24, 2024

New minor risk - Insider selling

Senior EVP recently sold €5.4m worth of stock

Full year 2023 earnings released: EPS: US$18.78 (vs US$13.70 in FY 2022)

Molina Healthcare, Inc. Provides Earnings Guidance for the Year 2024

Molina Healthcare, Inc. to Report Q4, 2023 Results on Feb 07, 2024

Third quarter 2023 earnings released: EPS: US$4.22 (vs US$3.99 in 3Q 2022)

Molina Healthcare, Inc. Affirms Earnings Guidance for the Year 2023

Molina Healthcare, Inc. to Report Q3, 2023 Results on Oct 25, 2023

Insider recently sold €3.5m worth of stock

Second quarter 2023 earnings released: EPS: US$5.34 (vs US$4.29 in 2Q 2022)

Molina Healthcare, Inc. Names Aaron Dunkel as Plan President for Kansas

Molina Healthcare, Inc. (NYSE:MOH) entered into a Stock Purchase Agreement to acquire Central Health Plan of California, Inc. and Universal Care, Inc. from Bright Health Company of California, Inc. for $600 million.

Molina Healthcare and Partners Share Results of Obstetrics Health Care Model Incorporating Artificial Intelligence

Molina Healthcare, Inc. to Report Q2, 2023 Results on Jul 26, 2023

Molina Healthcare, Inc. Announces Management Promotions

First quarter 2023 earnings released: EPS: US$5.53 (vs US$4.45 in 1Q 2022)

Full year 2022 earnings released: EPS: US$13.55 (vs US$11.40 in FY 2021)

Molina Healthcare, Inc. Provides Earnings Guidance for the Year 2023

Molina Healthcare Appoints Frank Clepper as Plan President

Molina Healthcare, Inc. to Report Q4, 2022 Results on Feb 08, 2023

Key Executive recently sold €809k worth of stock

Insufficient new directors

Independent Director recently sold €1.1m worth of stock

Third quarter 2022 earnings released: EPS: US$3.95 (vs US$2.47 in 3Q 2021)

Molina Healthcare, Inc. Revises Earnings Guidance for the Year 2022

Molina Healthcare, Inc. to Report Q3, 2022 Results on Oct 26, 2022

Insider recently sold €5.1m worth of stock

Independent Director recently sold €178k worth of stock

Insider recently sold €8.1m worth of stock

Second quarter 2022 earnings released: EPS: US$4.25 (vs US$3.21 in 2Q 2021)

Molina Healthcare, Inc. Revises Earnings Guidance for the Year 2022

Molina Healthcare, Inc. (NYSE: MOH) agreed to acquire Substantially All the Assets Of My Choice Wisconsin for approximately $150 million.

Molina Healthcare, Inc. to Report Q2, 2022 Results on Jul 27, 2022

Insufficient new directors

First quarter 2022 earnings released: EPS: US$4.40 (vs US$3.95 in 1Q 2021)

Molina Healthcare, Inc. Revises Earnings Guidance for the Year Ending December 31, 2022

Insider recently sold €1.4m worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Molina Healthcare, Inc. Provides Earnings Guidance for the Year 2022

Third quarter 2021 earnings released: EPS US$2.44 (vs US$3.15 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$3.17 (vs US$4.71 in 2Q 2020)

Insider recently sold €675k worth of stock

Insider recently sold €659k worth of stock

First quarter 2021 earnings released: EPS US$3.89 (vs US$2.96 in 1Q 2020)

Molina Healthcare, Inc. Revises Earnings Guidance for the Year 2021

Independent Director recently sold €152k worth of stock

Molina Healthcare, Inc. to Report Q1, 2021 Results on Apr 28, 2021

Molina Healthcare, Inc. Announces Executive Changes

Full year 2020 earnings released: EPS US$11.24 (vs US$11.85 in FY 2019)

Revenue misses expectations

the Molinacares Accord Announces A New Collaboration with the American Academy of Family Physicians

Molina Healthcare, Inc. Revises Earnings Guidance for the Year 2021

Investor sentiment improved over the past week

Molina Healthcare, Inc. Announces Appointment of Brian Maddy as Plan President of Oklahoma Operations

New 90-day high: €190

Molina Healthcare, Inc. to Report Q4, 2020 Results on Feb 10, 2021

Molina Healthcare Announces CFO Transition with Retirement of Tom Tran in 2021

Independent Director recently sold €602k worth of stock

Third quarter earnings released

Third-quarter earnings released: Revenue beats expectations

New 90-day high: €172

Molina Healthcare, Inc. (NYSE:MOH) entered into a definitive agreement to acquire substantially all of the assets Affinity Health Plan, Inc. for approximately $380 million.

Molina Healthcare, Inc. to Report Q3, 2020 Results on Oct 28, 2020

New 90-day low - €144