Labcorp Holdings Management
Management criteria checks 1/4
Labcorp Holdings' CEO is Adam Schechter, appointed in Nov 2019, has a tenure of 5.42 years. total yearly compensation is $19.33M, comprised of 7.3% salary and 92.7% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth $23.27M. The average tenure of the management team and the board of directors is 1.9 years and 10.1 years respectively.
Key information
Adam Schechter
Chief executive officer
US$19.3m
Total compensation
| CEO salary percentage | 7.3% |
| CEO tenure | 5.4yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.9yrs |
| Board average tenure | 10.1yrs |
Recent management updates
Recent updates
We Think Labcorp Holdings' (NYSE:LH) Robust Earnings Are Conservative
Feb 14
Labcorp Holdings: Focus On Core Strengths For Future Growth, Initiate At 'Hold'
Feb 13Labcorp Holdings (NYSE:LH) Has Announced A Dividend Of $0.72
Feb 10Labcorp Holdings (NYSE:LH) Has Affirmed Its Dividend Of $0.72
Jan 26Labcorp Holdings (NYSE:LH) Will Pay A Dividend Of $0.72
Jan 12What Does Labcorp Holdings Inc.'s (NYSE:LH) Share Price Indicate?
Dec 28Labcorp Holdings Inc.'s (NYSE:LH) Price In Tune With Earnings
Nov 12Is Labcorp Holdings (NYSE:LH) Using Too Much Debt?
Oct 19When Should You Buy Labcorp Holdings Inc. (NYSE:LH)?
Sep 12Laboratory Corporation: Difficult To Eye Long-Term Compounding Ability
Sep 11Investors Still Waiting For A Pull Back In Labcorp Holdings Inc. (NYSE:LH)
Jul 20Laboratory Corporation: Limited Upside Visibility, Reiterate Hold
Jun 21When Should You Buy Labcorp Holdings Inc. (NYSE:LH)?
Jun 13Here's Why It's Unlikely That Laboratory Corporation of America Holdings' (NYSE:LH) CEO Will See A Pay Rise This Year
May 08Laboratory Corporation of America Holdings (NYSE:LH) Is Paying Out A Dividend Of $0.72
Apr 30Laboratory Corporation of America Holdings (NYSE:LH) Is Due To Pay A Dividend Of $0.72
Apr 15Laboratory Corporation: A Healthier Diagnosis, As Pandemic Headwinds Disappear
Apr 01Laboratory Corporation: Multiple Updates, Same Investment Conclusion
Dec 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | US$19m | US$1m | US$746m |
| Sep 30 2024 | n/a | n/a | US$436m |
| Jun 30 2024 | n/a | n/a | US$450m |
| Mar 31 2024 | n/a | n/a | US$399m |
| Dec 31 2023 | US$16m | US$1m | US$379m |
| Sep 30 2023 | n/a | n/a | US$583m |
| Jun 30 2023 | n/a | n/a | US$677m |
| Mar 31 2023 | n/a | n/a | US$789m |
| Dec 31 2022 | US$15m | US$1m | US$1b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$2b |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$21m | US$1m | US$2b |
| Sep 30 2021 | n/a | n/a | US$3b |
| Jun 30 2021 | n/a | n/a | US$3b |
| Mar 31 2021 | n/a | n/a | US$3b |
| Dec 31 2020 | US$15m | US$1m | US$2b |
| Sep 30 2020 | n/a | n/a | US$845m |
| Jun 30 2020 | n/a | n/a | US$362m |
| Mar 31 2020 | n/a | n/a | US$321m |
| Dec 31 2019 | US$6m | US$208k | US$824m |
| Sep 30 2019 | n/a | n/a | US$755m |
| Jun 30 2019 | n/a | n/a | US$853m |
| Mar 31 2019 | n/a | n/a | US$896m |
| Dec 31 2018 | US$301k | n/a | US$884m |
Compensation vs Market: Adam's total compensation ($USD19.33M) is above average for companies of similar size in the US market ($USD14.30M).
Compensation vs Earnings: Adam's compensation has increased by more than 20% in the past year.
CEO
Adam Schechter (59 yo)
5.4yrs
Tenure
US$19,327,354
Compensation
Mr. Adam H. Schechter serves as the President, CEO & Chairman of Laboratory Corporation of America Holdings. Mr. Adam serves as President & Chief Executive Officer at Labcorp Holdings Inc. since November...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.4yrs | US$19.33m | 0.13% $ 23.3m | |
| CFO & Executive VP | less than a year | US$3.98m | 0.00067% $ 124.2k | |
| Executive VP | 1.9yrs | US$3.99m | 0.0059% $ 1.1m | |
| EVP, President of Early Development Research Laboratories and Chief Medical & Scientific Officer | 1.9yrs | US$3.57m | 0.038% $ 7.1m | |
| Executive VP & Chief Human Resources Officer | 2yrs | US$2.69m | 0.00090% $ 166.8k | |
| Executive VP & Special Advisor to the CEO | less than a year | US$5.00m | 0.045% $ 8.4m | |
| Senior VP & Chief Accounting Officer | 6yrs | no data | 0.0034% $ 637.6k | |
| Executive VP and Chief Information & Technology Officer | less than a year | no data | 0.0041% $ 767.4k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | 6.2yrs | no data | 0.0050% $ 917.5k | |
| EVP, Chief Marketing Officer & Consumer Business Lead | 5.1yrs | no data | 0.0063% $ 1.2m | |
| Executive VP & Special Advisor - Strategy | less than a year | US$2.70m | 0.022% $ 4.1m |
1.9yrs
Average Tenure
58yo
Average Age
Experienced Management: LH's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 12yrs | US$19.33m | 0.13% $ 23.3m | |
| Independent Director | 12.3yrs | US$330.00k | 0.015% $ 2.9m | |
| Independent Director | 18.9yrs | US$330.00k | 0.016% $ 3.0m | |
| Lead Independent Director | 11.3yrs | US$395.00k | 0.015% $ 2.8m | |
| Independent Director | 9.2yrs | US$350.00k | 0.011% $ 2.1m | |
| Independent Director | 11yrs | US$330.00k | 0.010% $ 1.9m | |
| Independent Director | 5.3yrs | US$355.00k | 0.0054% $ 1.0m | |
| Independent Director | 1.8yrs | US$341.43k | 0.0020% $ 370.7k | |
| Independent Director | 4.1yrs | US$330.00k | 0.0039% $ 717.4k | |
| Independent Director | 2.5yrs | US$330.00k | 0.0027% $ 500.5k |
10.1yrs
Average Tenure
60yo
Average Age
Experienced Board: LH's board of directors are seasoned and experienced ( 10.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/14 06:33 |
| End of Day Share Price | 2025/04/11 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Labcorp Holdings Inc. is covered by 50 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jasper Hellweg | Argus Research Company |
| Brian Kemp Dolliver | Avondale Partners |
| Eric Coldwell | Baird |