other material
confidence high
sentiment neutral
materiality 0.35
UHS sets 2025 executive compensation; new employment agreements for Marc Miller and Alan Miller
UNIVERSAL HEALTH SERVICES INC
- 2025 bonus targets: Marc Miller 150% of base ($1.5M salary), Steve Filton 100%, Edward Sim & Matthew Peterson 100% (75% on divisional income).
- Marc Miller new employment agreement: term to Jan 1, 2028; salary $1.5M (+6.7%); annual bonus target 150%; LTIP acceleration on termination without cause.
- Alan Miller new employment agreement: term to Jan 1, 2027; salary $1.125M (+4%); discretionary $1.08M cash bonus for 2024.
- RSUs and PBRSUs awarded: Marc Miller 28,077 each; Alan Miller 14,213 each; other executives 5,651-6,879.
- Corporate bonus based on adjusted EPS and return on capital; divisional bonus on pre-tax income for Acute Care and Behavioral Health segments.