Labcorp Holdings Management
Management criteria checks 3/4
Labcorp Holdings' CEO is Adam Schechter, appointed in Nov 2019, has a tenure of 5.08 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 $20.07M. The average tenure of the management team and the board of directors is 1.6 years and 9.8 years respectively.
Key information
Adam Schechter
Chief executive officer
US$16.0m
Total compensation
| CEO salary percentage | 8.6% |
| CEO tenure | 5.1yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.6yrs |
| Board average tenure | 9.8yrs |
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 05Laboratory Corporation: Predictability Of Cash Flows Less Visible
Jun 21CEO 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 ($USD12.86M).
Compensation vs Earnings: Adam's compensation has been consistent with company performance over the past year.
CEO
Adam Schechter (59 yo)
5.1yrs
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 | 5.1yrs | US$15.98m | 0.10% $ 20.1m | |
| Executive VP | 1.6yrs | US$3.80m | 0.0060% $ 1.2m | |
| EVP, President of Early Development Research Laboratories and Chief Medical & Scientific Officer | 1.6yrs | US$3.48m | 0.033% $ 6.4m | |
| Executive VP & Chief Human Resources Officer | 1.7yrs | US$2.56m | 0.00035% $ 67.2k | |
| Special Advisor to the CEO | no data | US$4.96m | 0.037% $ 7.2m | |
| CFO & Executive VP | no data | no data | no data | |
| Senior VP & Chief Accounting Officer | 5.7yrs | no data | 0.0025% $ 479.9k | |
| Executive VP and Chief Information & Technology Officer | less than a year | no data | 0.0032% $ 612.3k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | 5.8yrs | no data | 0.0032% $ 612.3k | |
| EVP, Chief Marketing Officer & Consumer Business Lead | 4.8yrs | no data | 0.0052% $ 990.4k | |
| Enterprise Chief Scientific Officer & Senior VP | no data | no data | no data |
1.6yrs
Average Tenure
58.5yo
Average Age
Experienced Management: LH's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.7yrs | US$15.98m | 0.10% $ 20.1m | |
| Independent Director | 11.9yrs | US$357.87k | 0.014% $ 2.7m | |
| Independent Director | 18.6yrs | US$340.73k | 0.017% $ 3.2m | |
| Lead Independent Director | 11yrs | US$375.73k | 0.014% $ 2.7m | |
| Independent Director | 8.8yrs | US$341.44k | 0.010% $ 2.0m | |
| Independent Director | 10.7yrs | US$330.01k | 0.0092% $ 1.8m | |
| Independent Director | 5yrs | US$344.30k | 0.0043% $ 831.1k | |
| Independent Director | 1.5yrs | US$208.42k | 0.00087% $ 167.0k | |
| Independent Director | 3.8yrs | US$330.01k | 0.0027% $ 525.9k | |
| Independent Director | 2.2yrs | US$330.01k | 0.0016% $ 303.3k |
9.8yrs
Average Tenure
60yo
Average Age
Experienced Board: LH's board of directors are considered experienced (9.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 13:50 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
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 .
Analyst Sources
Labcorp Holdings Inc. is covered by 48 analysts. 16 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 |