ModivCare Management
Management criteria checks 2/4
ModivCare's CEO is L. Sampson, appointed in Aug 2022, has a tenure of 1.83 years. total yearly compensation is $2.69M, comprised of 28.2% salary and 71.8% bonuses, including company stock and options. directly owns 0.033% of the company’s shares, worth $120.37K. The average tenure of the management team and the board of directors is 1.8 years and 7.9 years respectively.
Key information
L. Sampson
Chief executive officer
US$2.7m
Total compensation
| CEO salary percentage | 28.2% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.03% |
| Management average tenure | 1.8yrs |
| Board average tenure | 7.9yrs |
Recent management updates
Recent updates
ModivCare Inc. (NASDAQ:MODV) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Apr 04
ModivCare Inc. (NASDAQ:MODV) Just Reported Earnings, And Analysts Cut Their Target Price
Feb 29ModivCare (NASDAQ:MODV) Seems To Be Using A Lot Of Debt
Feb 22Sentiment Still Eluding ModivCare Inc. (NASDAQ:MODV)
Jan 25Is ModivCare (NASDAQ:MODV) A Risky Investment?
Nov 08Here's Why ModivCare (NASDAQ:MODV) Is Weighed Down By Its Debt Load
Aug 03Is ModivCare (NASDAQ:MODV) A Risky Investment?
Apr 17Is There An Opportunity With ModivCare Inc.'s (NASDAQ:MODV) 49% Undervaluation?
Feb 24Does ModivCare (NASDAQ:MODV) Have A Healthy Balance Sheet?
Oct 12ModivCare: ROIC And Continuing Value Are Narrowing - Rating It A Hold
Sep 02Modivcare names finance boss Heath Sampson as interim CEO
Aug 02ModivCare (NASDAQ:MODV) Has A Somewhat Strained Balance Sheet
Jul 12Are Investors Undervaluing ModivCare Inc. (NASDAQ:MODV) By 37%?
May 10ModivCare (NASDAQ:MODV) Takes On Some Risk With Its Use Of Debt
Mar 04ModivCare (NASDAQ:MODV) Takes On Some Risk With Its Use Of Debt
Nov 07These 4 Measures Indicate That ModivCare (NASDAQ:MODV) Is Using Debt Safely
Jul 30ModivCare: Secular Compounder With A Significant Hidden Asset
Jun 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$223m |
| Dec 31 2023 | US$3m | US$759k | -US$204m |
| Sep 30 2023 | n/a | n/a | -US$206m |
| Jun 30 2023 | n/a | n/a | -US$230m |
| Mar 31 2023 | n/a | n/a | -US$36m |
| Dec 31 2022 | US$2m | US$602k | -US$32m |
| Sep 30 2022 | n/a | n/a | -US$56m |
| Jun 30 2022 | n/a | n/a | -US$35m |
| Mar 31 2022 | n/a | n/a | -US$25m |
| Dec 31 2021 | US$2m | US$401k | -US$7m |
Compensation vs Market: L.'s total compensation ($USD2.69M) is about average for companies of similar size in the US market ($USD2.46M).
Compensation vs Earnings: L.'s compensation has increased whilst the company is unprofitable.
CEO
L. Sampson (53 yo)
1.8yrs
Tenure
US$2,692,762
Compensation
Mr. L. Heath Sampson has been President and Chief Executive Officer of ModivCare Solutions, LLC since 2022 and served as its Chief Financial Officer until 2023. Mr. Sampson served as its Interim Chief Exec...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 1.8yrs | US$2.69m | 0.033% $ 120.4k | |
| Chief Financial Officer | less than a year | US$1.24m | no data | |
| Chief People Officer | less than a year | US$1.55m | no data | |
| President of Modivcare Home Division | 1.3yrs | US$1.94m | 0.020% $ 72.2k | |
| Senior VP & Chief Accounting Officer | 1.8yrs | no data | 0.0039% $ 14.5k | |
| Chief Information Officer | less than a year | no data | no data | |
| VP & Head of Investor Relations | 2.2yrs | no data | no data | |
| Chief Compliance Officer | 4.3yrs | no data | no data | |
| Director of Ombudsman & Communications | no data | no data | no data | |
| Chief Financial Officer of NEMT Business-ModivCare Mobility | 1.8yrs | no data | no data | |
| Chief Diversity Officer & VP of Talent Acquisition | 2.3yrs | no data | no data | |
| Chief Operating Officer of Personal Care Services Segment | no data | no data | no data |
1.8yrs
Average Tenure
52yo
Average Age
Experienced Management: MODV's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 1.6yrs | US$2.69m | 0.033% $ 120.4k | |
| Independent Director | 7.9yrs | US$222.46k | 0.22% $ 820.7k | |
| Independent Director | 7.9yrs | US$222.46k | 0.12% $ 433.5k | |
| Independent Director | 8.6yrs | US$249.96k | 0.13% $ 486.6k | |
| Independent Chairman of the Board | 11.9yrs | US$249.96k | no data | |
| Independent Director | 14.1yrs | US$269.96k | 0.29% $ 1.1m | |
| Independent Director | 3.2yrs | US$222.46k | 0.041% $ 151.0k | |
| Independent Director | 3.2yrs | US$229.96k | 0.065% $ 239.3k |
7.9yrs
Average Tenure
58yo
Average Age
Experienced Board: MODV's board of directors are considered experienced (7.9 years average tenure).