I Hate Dialysis Message Board
Dialysis Discussion => Dialysis: Centers => Topic started by: okarol on October 01, 2010, 11:18:09 PM
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Salary info for dialysis CEO's - shows annual salary plus other income
Kent Thiry at Davita http://investing.businessweek.com/businessweek/research/stocks/people/person.asp?personId=209979&ticker=DVA:US
Dennis Kogod at Davita http://investing.businessweek.com/research/stocks/people/person.asp?personId=22105367&ticker=DVA:US&previousCapId=35644&previousTitle=DAVITA%20INC
Ben Lipps at Fresenius http://investing.businessweek.com/research/stocks/people/person.asp?personId=384530&ticker=FMS:US
Robert L. Parkinson Jr. at Baxter http://investing.businessweek.com/research/stocks/people/person.asp?personId=247487&ticker=BAX:US
Jeffrey H. Burbank at Nxstage Medical http://investing.businessweek.com/research/stocks/people/person.asp?personId=588131&ticker=NXTM:US&previousCapId=115544&previousTitle=NXSTAGE%20MEDICAL%20INC
Dialysis related industries
Kevin W. Sharer at Amgen http://investing.businessweek.com/research/stocks/people/person.asp?personId=169424&ticker=AMGN:US&previousCapId=24816&previousTitle=AMGEN%20INC
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I don't believe that they make no more than a million dollars a year. We have documentation on this site when Epoman was alive that Kent Thiry made 26 million a year. Now he makes just over a million dollars a year? He is hiding it somewhere.
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Okay, here is the real story!!!
http://ihatedialysis.com/forum/index.php?topic=19321.msg329000#msg329000
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Rerun, that info is there on the link I gave, just scroll down. It shows salary plus other income:
Total Calculated Compensation $11,672,142.00
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Oh, I quit reading at Total Annual Compensation.
:shy; Sorry~
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Rerun, that info is there on the link I gave, just scroll down. It shows salary plus other income:
Total Calculated Compensation $11,672,142.00
CEO salary is only a small part of corporate CEOs' total compensation, in most cases they would rather have stock options because of better tax treatment for long term stock holdings. So in fact, over the time that Kent Thiry spent at Davita, he could receive $50 million or more in stocks and options compensation, depending on how he exercised his options and the stock price of Davita.
In addition, there are many corporate tax breaks that make the tax treatment even better. For example, if Kent Thiry would be appointed to a government job, such as the secretary of health and human services in the next administration while he was still CEO of Davita, he could legally exercise his options and pay no taxes in the gains because he could claim that he had to divest himself of Davita stock holdings in order to avoid conflict of interest in stock holdings in companies doing business with Medicare. This is how Dick Cheney avoided paying income tax in his $40 million Haliburton holdings when he became vice president, and how the former secretary of the Treasury under Bush, Henry Paulson, avoided taxes on about $600 million in Goldman Sachs holdings.
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Rerun, that info is there on the link I gave, just scroll down. It shows salary plus other income:
Total Calculated Compensation $11,672,142.00
CEO salary is only a small part of corporate CEOs' total compensation, in most cases they would rather have stock options because of better tax treatment for long term stock holdings. So in fact, over the time that Kent Thiry spent at Davita, he could receive $50 million or more in stocks and options compensation, depending on how he exercised his options and the stock price of Davita.
In addition, there are many corporate tax breaks that make the tax treatment even better. For example, if Kent Thiry would be appointed to a government job, such as the secretary of health and human services in the next administration while he was still CEO of Davita, he could legally exercise his options and pay no taxes in the gains because he could claim that he had to divest himself of Davita stock holdings in order to avoid conflict of interest in stock holdings in companies doing business with Medicare. This is how Dick Cheney avoided paying income tax in his $40 million Haliburton holdings when he became vice president, and how the former secretary of the Treasury under Bush, Henry Paulson, avoided taxes on about $600 million in Goldman Sachs holdings.
Trust me, people who worked for Clinton and Obama do the very same thing.