Visuwell Ceo Salary
VisuWell CEO Salary
VisuWell CEO Sam Johnson is getting a healthy salary. The reason is that he is one of the most sought-after CEOs today. He earned $18 million last year and is considered one of the most influential executives in the company. He has also been the subject of various controversies. He has received negative feedback from clients on LinkedIn and social media and has been called out on several occasions for his behavior.
VisuWell has recently made headlines for another reason – its CEO, Sam Johnson, has been accused of sexual harassment. The incident was caught on video and went viral. The video was recorded at a hotel before a boy’s prom. In response, VisuWell fired Johnson and named Gerry Andrady as interim CEO.
A video showed VisuWell’s CEO Sam Johnson approaching a male prom-goer in Franklin. Johnson, who was wearing a floor-length red tulle dress, has denied harassing the teen. After the video went viral, VisuWell fired Johnson. The video was posted on YouTube and has been viewed more than 100 million times.
In addition, the VisuWell CEO’s salary is under threat of termination following the company’s termination from its telehealth vendor contract. A video was later released. A VisuWell spokesperson said that the company is “univocally condemning Johnson’s behavior.” This incident was caught on cell phone video, which is being distributed online.
VisuWell rebranded as Hatch in March of this year, and the CEO was once a member of the VisuWell board. He previously worked at Bank of America and was involved in a healthcare startup in Nashville. Prior to VisuWell, Johnson was a sales director at a Franklin, Tennessee-based company. He also served as a regional sales manager at a North Carolina healthcare system. His work history spans 1996 to present day.
Marc Miller, Visuwell’s CEO, will receive an average of $10 million in total compensation over his four-year tenure. That amount includes an average base salary of $1.3 million and more than $2 million in cash incentives. In addition, he will also receive an average of $9.5 million in equity compensation and more than $14 million in salary in 2022.
His salary will be determined by the company’s performance. Moreover, Miller will receive a bonus of $250,000 if he’s able to keep the company’s core values. This will include the development of innovative new products and the improvement of the company’s existing business practices.
Mark Hingtgen, Visuwell’s new CEO, received a salary of $1.4 million for fiscal year 2020, an increase of $538,000 over his previous year’s $1.3 million compensation. This figure also includes $2.6 million in restricted stock awards and $622,000 in option awards. Hingtgen also received $1.5 million in nonqualified deferred compensation earnings and his pension value increased by $1.5 million.
Tenet Healthcare CEO Saum Sutaria earned nearly $21.2 million in his first year. His total compensation is projected to rise to $16.7 million in 2020 and nearly $23 million in 2021. In addition to his base salary, Sutaria also received nearly $19 million in stock awards and $4.5 million in non-equity incentive plan compensation. His compensation is nearly double the median compensation of all Tenet Healthcare employees: $50,245 per year.
Saum Sutaria is a medical doctor who received his bachelor’s degree in molecular and cellular biology and an M.D. from the University of California, San Diego. Sutaria has held various senior management positions in the healthcare industry, including those at United Surgical Partners International and Community Health Systems.
Marc Miller’s compensation
The first year of Marc Miller’s Visuwell CEO compensation included a total of $14 million in direct compensation. That’s up from $2.3 million in 2020, and is made up of a base salary of $1.1 million, $10.1 million in equity compensation, and almost $2.8 million in nonequity incentive plan compensation. Miller’s pay in 2022 is based on a 309 percent CEO-to-worker ratio. In other words, Miller’s compensation is almost four times what his workers make.
His compensation is significantly higher than the median for Visuwell CEOs. He makes about $4,425,210 as president and director of the company, which is part of the United Health Services (UHS). Marc Miller also owns 103,000 Universal Health Services stock units worth $14,916,460. This makes him the second-highest-paid CEO in the country, second only to Warren Buffet. His performance has helped UHS shareholders recognize him as the highest return-on-investment in the healthcare industry.
Mr. Miller is also eligible to receive annual awards under the company’s long-term incentive plan, which is subject to certain vesting and other conditions. The total annual compensation package includes a $500,000 annual salary, and he will be paid or reimbursed for reasonable travel and other expenses.
In addition to his Visuwell CEO compensation, Miller’s other job duties include serving on the boards of several other companies. He will also continue as the Chairman of Universal Health Realty Income Trust.
Sam Johnson’s compensation
The video of VisuWell’s CEO Sam Johnson making homophobic comments was captured on camera, and the company has since terminated him. The video shows Johnson making disparaging comments to a male prom-dress wearer. Johnson’s employer has since condemned his behavior, but has yet to explain his compensation package.
The video also shows the visuwell executive ridiculing a high school senior who was wearing a prom dress. The video was taken by Dalton Stevens’ cell phone, and Johnson was identified as the culprit. After the video went viral, Johnson’s contract with VisuWell was terminated, and he was replaced by Gerry Andrady.
VisuWell is a telehealth company in Nashville, Tennessee. The company publicly condemned Johnson’s conduct in the video, and soon afterward, the company announced his dismissal. The company also confirmed that Johnson is no longer employed by VisuWell, and that he is no longer serving on its board of directors. The company has also removed him from his advisory role.
Johnson has since deleted his social media accounts, and the company has removed him from its CEO page. Meanwhile, police have opened an investigation into the complaints by the teens. The case is being handled by the Franklin police, and Johnson will be removed from VisuWell’s board.