Universal Health (UHS) just unveiled an announcement.
The Compensation Committee has set the 2024 annual incentive bonuses for executive officers according to corporate performance, aligning with the 2022 Executive Incentive Plan. The bonuses are a percentage of each executive’s base salary, with specific targets detailed in employment agreements. Notably, a $1.04 million discretionary bonus was awarded to Executive Chairman Alan B. Miller for 2023. This approach reinforces the company’s commitment to performance-based executive compensation.
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