Labcorp Holdings Management
Management criteria checks 4/4
Labcorp Holdings' CEO is Adam Schechter, appointed in Nov 2019, has a tenure of 4.58 years. total yearly compensation is $15.98M, comprised of 8.6% salary and 91.4% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $18.40M. The average tenure of the management team and the board of directors is 4.4 years and 9.3 years respectively.
Key information
Adam Schechter
Chief executive officer
US$16.0m
Total compensation
CEO salary percentage | 8.6% |
CEO tenure | 4.6yrs |
CEO ownership | 0.1% |
Management average tenure | 4.4yrs |
Board average tenure | 9.3yrs |
Recent management updates
Recent updates
When 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 of America Holdings' (NYSE:LH) P/E Is On The Mark
Apr 06Laboratory Corporation: A Healthier Diagnosis, As Pandemic Headwinds Disappear
Apr 01Laboratory Corporation of America Holdings (NYSE:LH) Will Pay A Dividend Of $0.72
Feb 25We Think You Can Look Beyond Laboratory Corporation of America Holdings' (NYSE:LH) Lackluster Earnings
Feb 22An Intrinsic Calculation For Laboratory Corporation of America Holdings (NYSE:LH) Suggests It's 48% Undervalued
Feb 21Laboratory Corporation of America Holdings (NYSE:LH) Has Affirmed Its Dividend Of $0.72
Jan 31Here's Why Laboratory Corporation of America Holdings (NYSE:LH) Can Manage Its Debt Responsibly
Jan 30Laboratory Corporation of America Holdings' (NYSE:LH) Dividend Will Be $0.72
Jan 15Some Shareholders Feeling Restless Over Laboratory Corporation of America Holdings' (NYSE:LH) P/E Ratio
Jan 05Laboratory Corporation: Multiple Updates, Same Investment Conclusion
Dec 02Laboratory Corp.: Rate On Capital Deployed Contracting, Hold
Sep 14Laboratory Corporation: Trying To Create Value By Spinning Out Fortrea
Jul 05Newsflash: Laboratory Corporation of America Holdings (NYSE:LH) Analysts Have Been Trimming Their Revenue Forecasts
Jul 04Are Investors Undervaluing Laboratory Corporation of America Holdings (NYSE:LH) By 43%?
Jun 23Laboratory Corporation: Predictability Of Cash Flows Less Visible
Jun 21Is It Too Late To Consider Buying Laboratory Corporation of America Holdings (NYSE:LH)?
May 26Laboratory Corporation of America Holdings' (NYSE:LH) Returns On Capital Are Heading Higher
Mar 16Laboratory Corporation of America Holdings (NYSE:LH) Shares Could Be 32% Below Their Intrinsic Value Estimate
Mar 02Laboratory Corporation of America Non-GAAP EPS of $4.14 in-line, revenue of $3.7B misses by $40M, introduces FY23 outlook
Feb 16At US$254, Is It Time To Put Laboratory Corporation of America Holdings (NYSE:LH) On Your Watch List?
Jan 30Laboratory Corporation: Plenty Of Growth Runway
Jan 19Here's Why Laboratory Corporation of America Holdings (NYSE:LH) Can Manage Its Debt Responsibly
Jan 16Laboratory Corporation of America declares $0.72 dividend
Jan 12Returns At Laboratory Corporation of America Holdings (NYSE:LH) Are On The Way Up
Dec 07Is There An Opportunity With Laboratory Corporation of America Holdings' (NYSE:LH) 25% Undervaluation?
Nov 24Laboratory Corporation: Buy Rating Holds Following Solid Mid-Level Growth
Nov 08Laboratory Corporation of America Q3 2022 Earnings Preview
Oct 26CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
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 |
Sep 30 2018 | n/a | n/a | US$1b |
Jun 30 2018 | n/a | n/a | US$1b |
Mar 31 2018 | n/a | n/a | US$1b |
Dec 31 2017 | US$290k | n/a | US$1b |
Compensation vs Market: Adam's total compensation ($USD15.98M) is about average for companies of similar size in the US market ($USD13.55M).
Compensation vs Earnings: Adam's compensation has been consistent with company performance over the past year.
CEO
Adam Schechter (59 yo)
4.6yrs
Tenure
US$15,979,355
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 | 4.6yrs | US$15.98m | 0.11% $ 18.4m | |
CFO & Executive VP | 10yrs | US$4.96m | 0.055% $ 9.1m | |
Executive VP | 1.1yrs | US$3.80m | 0.0060% $ 988.8k | |
EVP, President of Early Development Research Laboratories and Chief Medical & Scientific Officer | 1.1yrs | US$3.48m | 0.033% $ 5.5m | |
Executive VP & Chief Human Resources Officer | 1.2yrs | US$2.56m | 0.00035% $ 58.0k | |
Senior VP & Chief Accounting Officer | 5.2yrs | no data | 0.0025% $ 410.7k | |
Executive VP and Chief Information & Technology Officer | 10.3yrs | US$2.70m | 0.033% $ 5.5m | |
Vice President of Investor Relations | no data | no data | no data | |
Executive VP | 5.3yrs | no data | 0.0067% $ 1.1m | |
Executive VP & Chief Marketing Officer | 4.3yrs | no data | 0.0047% $ 781.7k | |
Enterprise Chief Scientific Officer & Senior VP | no data | no data | no data | |
Chief Medical Officer | 3.4yrs | no data | no data |
4.4yrs
Average Tenure
60yo
Average Age
Experienced Management: LH's management team is considered experienced (4.4 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 11.2yrs | US$15.98m | 0.11% $ 18.4m | |
Independent Director | 11.4yrs | US$357.87k | 0.014% $ 2.3m | |
Independent Director | 18.1yrs | US$340.73k | 0.019% $ 3.1m | |
Lead Independent Director | 10.5yrs | US$375.73k | 0.014% $ 2.3m | |
Independent Director | 8.3yrs | US$341.44k | 0.010% $ 1.7m | |
Independent Director | 10.2yrs | US$330.01k | 0.010% $ 1.7m | |
Independent Director | 4.5yrs | US$344.30k | 0.0043% $ 710.5k | |
Independent Director | less than a year | US$208.42k | 0.00087% $ 144.1k | |
Independent Director | 3.3yrs | US$330.01k | 0.0027% $ 450.5k | |
Independent Director | 1.7yrs | US$330.01k | 0.0016% $ 258.4k |
9.3yrs
Average Tenure
60yo
Average Age
Experienced Board: LH's board of directors are considered experienced (9.3 years average tenure).