DAVITA INC Executive Salaries & Other Compensation | Salary.com (2024)

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DAVITA INC

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Data Year:

2023

2022

Select Other Years

2021 2020 2019

For its 2023 fiscal year, DAVITA INC, listed the following executives on its annual proxy statement to the SEC

Equity

Cash Compensation

Other

Fiscal Year Ended in 2023

Name And Title Total Compensation Pay Rank By Title In Healthcare industry
Javier J. Rodriguez
Chief Executive Officer
Total Compensation $6,712,328 View details Pay Rank By Title In Healthcare industry #23 View more
Michael D. Staffieri
Chief Operating Officer, DaVita Kidney Care
Total Compensation $10,422,858 View details Pay Rank By Title In Healthcare industry #1 View more
Kathleen A. Waters
Chief Legal and Public Affairs Officer
Total Compensation $5,607,577 View details Pay Rank By Title In Healthcare industry #1 View more
Joel Ackerman
Chief Financial Officer and Treasurer
Total Compensation $6,868,181 View details Pay Rank By Title In Healthcare industry #6 View more
James O. Hearty
Chief Compliance Officer
Total Compensation $2,733,385 View details Pay Rank By Title In Healthcare industry #10 View more

The charts on this page feature a breakdown of the total annual pay for the top executives at DAVITA INC as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. DAVITA INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. DAVITA INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Javier J. Rodriguez
Chief Executive Officer
Total Cash $5,615,755 Equity $0 Other $1,096,573 Total Compensation $6,712,328
Michael D. Staffieri
Chief Operating Officer, DaVita Kidney Care
Total Cash $2,763,763 Equity $7,406,966 Other $252,129 Total Compensation $10,422,858
Kathleen A. Waters
Chief Legal and Public Affairs Officer
Total Cash $1,900,278 Equity $3,703,459 Other $3,840 Total Compensation $5,607,577
Joel Ackerman
Chief Financial Officer and Treasurer
Total Cash $2,102,688 Equity $4,761,653 Other $3,840 Total Compensation $6,868,181
James O. Hearty
Chief Compliance Officer
Total Cash $1,248,100 Equity $1,481,445 Other $3,840 Total Compensation $2,733,385

CEO Pay Ratio

For its 2023 fiscal year, DAVITA INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC.

CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Javier J. Rodriguez CEO Pay $6,735,936 Median Employee Pay $68,007 CEO Pay Ratio 99:1

Board of Directors in DAVITA INC

For its 2023 fiscal year, DAVITA INC, listed the following board members on its annual proxy statement to the SEC.

Name Total COMPENSATION
Adam H. Schechter Total Cash $334,959
Barbara J. Desoer Total Cash $384,959
Charles G. Berg Total Cash $322,459
Gregory J. Moore, M.D., Ph.D. Total Cash $355,893
Jason M. Hollar Total Cash $364,959
John M. Nehra Total Cash $344,959
Pamela M. Arway Total Cash $497,459
Paul J. Diaz Total Cash $214,457
Phyllis R. Yale Total Cash $374,959
Wendy L. Schoppert Total Cash $106,856

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This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

Use of Data / Disclaimer

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

What is a proxy statement?

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.

DAVITA INC Executive Salaries & Other Compensation | Salary.com (2024)

FAQs

What is the executive compensation for DaVita? ›

The average DaVita executive compensation is $233,327 a year.

How much does Mike Staffieri make at DaVita? ›

Leadership Team
Javier RodriguezCEO & Executive DirectorUS$6.71m
Kathleen WatersChief Legal & Public Affairs OfficerUS$5.61m
James HeartyUS$2.73m
Michael StaffieriChief Operating Officer of Kidney CareUS$10.42m
Christopher BerryGroup VP & Chief Accounting Officer
7 more rows

What is executive level compensation? ›

Executive compensation , also known as executive pay, is the combination of salary, benefits, and bonuses offered to executives or other top management positions at a company in return for their work.

How do you calculate executive compensation? ›

Finding Executive Compensation

All executive compensation information can be found in public filings with the Securities and Exchange Commission (SEC). The SEC mandates all public companies to disclose how much they are paying their executives, how this amount is derived, and who is involved in determining pay.

Why is executive compensation so high? ›

'. Company Performance: One of the most significant factors impacting CEO pay is company performance. CEOs are often rewarded handsomely when their companies achieve exceptional financial results and outperform their competitors.

What is the executive compensation limit? ›

At a Glance. The main takeaway: The executive compensation limit for government contractors for the year ending December 31, 2024, is $646,000.

Is DaVita doing well financially? ›

Financial and operating highlights for the quarter ended June 30, 2024: Consolidated revenues were $3.187 billion. Operating income was $506 million. Diluted earnings per share was $2.50 and adjusted diluted earnings per share was $2.59.

How much is the CEO of DaVita worth? ›

The estimated net worth of Javier Rodriguez is at least $77 Million dollars as of 2024-08-23. Javier Rodriguez is the CEO of DaVita Inc and owns about 494,480 shares of DaVita Inc (DVA) stock worth over $77 Million.

Who is the current CEO of DaVita? ›

Chief Executive Officer, DaVita Inc.

Javier Rodriguez is the Chief Executive Officer of DaVita Inc., a global health care provider focused on improving the quality of life for patients through clinical innovation and integrated, personalized care.

What is a good executive compensation package? ›

A well-balanced executive compensation package generally includes base salary, short- and long-term incentive pay, and various benefits and perks (e.g., enhanced retirement benefits, executive wellness programs, company cars, country club memberships, etc.).

What is an executive bonus? ›

An executive bonus plan, also known as a Section 162 plan, is a compensation strategy that provides additional benefits to key employees or executives. This plan is a type of life insurance where the employer pays the premiums as a bonus.

What is excessive executive pay? ›

Excessive pay, defined as compensation that is 20% or greater than the national average CEO salary, has changed the relationship between CEOs and stakeholders.

How do you negotiate executive level compensation? ›

Salary Negotiation Guide at an Executive Level
  1. Do your research. It is important to understand the value of what you are planning to negotiate for. ...
  2. Build your case. ...
  3. Be prepared to face resistance. ...
  4. Be flexible as well as firm. ...
  5. Ask for a follow-up. ...
  6. Be willing to walk away. ...
  7. Be appreciative.
Aug 14, 2024

Who decides executive compensation? ›

The rate of executive pay is an important part of corporate governance, and is often determined by a company's board of directors.

How is executive compensation taxed? ›

Cash payments could be in the form of salary, annual bonus, or long-term incentives such as a multi-year long-term incentive plan (LTIP). Executives are taxed on receipt of cash payments, and the company receives a corresponding corporate tax deduction—subject to a significant limitation.

What is the say on pay for executive compensation? ›

Say on pay is a term referring to the law in which the shareholders of a company can vote on the compensation of executives and also on general compensation policies. Say on pay votes can be applied to: Remuneration packages of executives. The company's compensation philosophy.

What is pay for performance executive compensation? ›

A pay-for-performance policy is based on the concept that a CEO's compensation reflects the performance of the company. While most can support the idea of paying for performance, the concept implies that CEOs take on risk. A CEO's fortunes should rise and fall with the company's fortunes.

What is executive compensation table? ›

The table includes base salary, bonus, stock and option awards valued in full on the date they were granted, non-equity incentive plan compensation (i.e. plan-based cash bonus), pension and deferred earnings, and all other compensation, which includes the value of perquisites and benefits.

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