Labcorp Holdings Management
Management criteria checks 4/4
Labcorp Holdings' CEO is Adam Schechter, appointed in Nov 2019, has a tenure of 11.58 years. total yearly compensation is $15.98M, comprised of 8.6% salary and 91.4% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth $21.00M. The average tenure of the management team and the board of directors is 4.3 years and 9.7 years respectively.
Key information
Adam Schechter
Chief executive officer
US$16.0m
Total compensation
| CEO salary percentage | 8.6% |
| CEO tenure | 5yrs |
| CEO ownership | 0.1% |
| Management average tenure | 4.3yrs |
| Board average tenure | 9.7yrs |
Recent management updates
Recent updates
Labcorp Holdings Inc.'s (NYSE:LH) Price In Tune With Earnings
Nov 12
Is 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 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 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| 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 ($USD12.73M).
Compensation vs Earnings: Adam's compensation has been consistent with company performance over the past year.
CEO
Adam Schechter (59 yo)
5yrs
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 | 5yrs | US$15.98m | 0.10% $ 21.0m | |
| CFO & Executive VP | 10.4yrs | US$4.96m | 0.037% $ 7.5m | |
| Executive VP | 1.5yrs | US$3.80m | 0.0060% $ 1.2m | |
| EVP, President of Early Development Research Laboratories and Chief Medical & Scientific Officer | 1.5yrs | US$3.48m | 0.033% $ 6.7m | |
| Executive VP & Chief Human Resources Officer | 1.6yrs | US$2.56m | 0.00035% $ 70.3k | |
| Senior VP & Chief Accounting Officer | 5.6yrs | no data | 0.0025% $ 502.2k | |
| Executive VP and Chief Information & Technology Officer | less than a year | no data | 0.0032% $ 640.8k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | 5.8yrs | no data | 0.0044% $ 881.8k | |
| Executive VP & Chief Marketing Officer | 4.7yrs | no data | 0.0047% $ 954.2k | |
| Enterprise Chief Scientific Officer & Senior VP | no data | no data | no data | |
| Chief Medical Officer | 3.8yrs | no data | no data |
4.3yrs
Average Tenure
59yo
Average Age
Experienced Management: LH's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.6yrs | US$15.98m | 0.10% $ 21.0m | |
| Independent Director | 11.8yrs | US$357.87k | 0.014% $ 2.9m | |
| Independent Director | 18.5yrs | US$340.73k | 0.017% $ 3.4m | |
| Lead Independent Director | 10.9yrs | US$375.73k | 0.014% $ 2.9m | |
| Independent Director | 8.8yrs | US$341.44k | 0.010% $ 2.0m | |
| Independent Director | 10.6yrs | US$330.01k | 0.010% $ 2.1m | |
| Independent Director | 4.9yrs | US$344.30k | 0.0043% $ 869.8k | |
| Independent Director | 1.4yrs | US$208.42k | 0.00087% $ 174.8k | |
| Independent Director | 3.7yrs | US$330.01k | 0.0027% $ 550.4k | |
| Independent Director | 2.1yrs | US$330.01k | 0.0016% $ 317.4k |
9.7yrs
Average Tenure
60yo
Average Age
Experienced Board: LH's board of directors are considered experienced (9.7 years average tenure).