Community Health (CYH) has released an update.
Community Health Systems, Inc. has finalized its executive compensation for 2024, with significant salary increases and performance-based incentives for its top executives. The Board of Directors approved base salaries ranging from $672,000 to over $1.3 million, with additional cash incentive opportunities going up to 225% of base salaries for exceptional performance. Moreover, key figures received equity grants comprising stock options and restricted stock, which is contingent upon reaching specific goals over a three-year period. To retain talent, substantial cash awards are set for certain executives, contingent on their continued service through specified future dates.
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