Summary
This 8-K filing from HCA Healthcare, Inc. (HCA) primarily details executive compensation adjustments related to a CEO transition. Effective January 1, 2019, Samuel N. Hazen will assume the role of Chief Executive Officer. In connection with this appointment, the Compensation Committee has approved an annual base salary of $1,425,000 for Mr. Hazen, effective from his start date as CEO. This salary reflects the company's formalization of compensation for its incoming chief executive.
Key Highlights
- 1Samuel N. Hazen appointed Chief Executive Officer, effective January 1, 2019.
- 2HCA Healthcare's Compensation Committee approved Mr. Hazen's annual base salary.
- 3The approved annual base salary for the new CEO is $1,425,000.
- 4This compensation is effective starting January 1, 2019, coinciding with the CEO transition.
- 5The filing is an 8-K, indicating material information being disclosed outside of regular reporting periods.