CHS approves 2023 compensation for named executive officers including CEO, CFO, others

COMMUNITY HEALTH SYSTEMS INC

CEO Tim Hingtgen target cash incentive 225% of base ($1.2875M); potential additional 40% for non-financial goals.
CFO Kevin Hammons target 125% of base ($772.5K); Pres. Lynn Simon 115% ($659.9K); Reg. Pres. Mark Medley 100% ($640K).
Equity grants: Hingtgen 200K NQSOs, 200K time-vesting RSUs, 400K performance-based RSUs (0-200% vesting over 3 years).
Non-executive Chairman Wayne Smith: $265K stipend converted to time-based RSUs with 3-year ratable vesting, grant in March 2023.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Wayne T. Smith

non-executive Chairman of the Board

CYH · COMMUNITY HEALTH SYSTEMS INC

Filed: February 17, 2023, 6:59 PM ET

the Company’s former Executive Chairman of the Board who is now serving as non-executive Chairman of the Board

Departed

Benjamin C. Fordham

Executive Vice President, General Counsel and Assistant Secretary

CYH · COMMUNITY HEALTH SYSTEMS INC

Filed: February 17, 2023, 6:59 PM ET

Benjamin C. Fordham, the Company’s former Executive Vice President, General Counsel and Assistant Secretary, who is now retired

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Wayne T. Smith changed role as non-executive Chairman of the Board at COMMUNITY HEALTH SYSTEMS INC.

Action: changed role
Role: non-executive Chairman of the Board

Exact text from the filing

the Company’s former Executive Chairman of the Board who is now serving as non-executive Chairman of the Board

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Benjamin C. Fordham retired as Executive Vice President, General Counsel and Assistant Secretary at COMMUNITY HEALTH SYSTEMS INC.

Action: retired
Role: Executive Vice President, General Counsel and Assistant Secretary

Exact text from the filing

Benjamin C. Fordham, the Company’s former Executive Vice President, General Counsel and Assistant Secretary, who is now retired

View on SEC.gov

COMMUNITY HEALTH SYSTEMS INC filing history →

Source: SEC EDGAR

accession 0001193125-23-041984

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