HCA Healthcare (HCA) has released an update to notify the public and investors about its officers.
William B. Rutherford will retire as Executive Vice President and Chief Financial Officer of the Company on May 1, 2024. Michael A. Marks will succeed him in the same position from that date. Marks has a long history with the company, having served in various financial leadership roles since joining in 1996. Upon his appointment, Marks will receive a base salary of $900,000 and a long-term equity incentive award valued at $2,000,000, subject to vesting conditions. Marks has no special arrangements with the Company apart from standard executive plans and there are no familial or transactional disclosures required.
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For a comprehensive understanding of the announcement, you can read the full document here.