Along with his salary Mr. Calafiore has a target bonus of 110% of salary and target long-term incentives of $4 million, the proxy statement said. He also received sign-on equity incentive awards of $3.5 million.
CFO Julie Andrews was appointed Jan. 15 with a base salary of $475,000, a target bonus of 70% of salary and target long-term incentives of $1.8 million.
Chief Legal Officer Andres Cedrón was appointed April 15 with a base salary of $470,000, a target bonus of 70% of salary and target long-term incentives of $1.5 million.
Mr. Calafiore, Ms. Andrews and Mr. Cedrón replaced former CEO Keith Valentine, former CFO John Bostjancic and former Chief Legal Officer Patrick Keran.
In 2023, Mr. Valentine earned a total compensation of $6.5 million. Mr. Bostjancic and Mr. Keran both earned $1.8 million in total compensation in 2023.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
