Magellan Health CEO Steven Shulman receives $13M in 2006

Magellan Health reports 2006 executive compensation

By ExecPay News

Published: April 12, 2007

Magellan Health reported fiscal year 2006 executive compensation information on April 12, 2007.
In 2006, five executives at Magellan Health received on average a compensation package of $5.4M.
Average pay of disclosed executives at Magellan Health
Steven J. Shulman, Chief Executive Officer, received $13M in total. 68% of Shulman's compensation, or $8.6M, was in option awards. Shulman also received $1.8M in non-equity incentive plan, $1.1M in salary, $863K in stock awards, as well as $271K in other compensation.
Rene Lerer, Chief Executive Officer, received a compensation package of $7.4M. 68% of the compensation package, or $5M, was in option awards.
Mark S. Demilio, Chief Financial Officer, earned $4.9M in 2006.
Daniel N. Gregoire, General Counsel, received $978K in 2006.
Michael Majerik, Chief Sales and Marketing Officer, earned $952K in 2006.

Related executives

Rene Lerer

Magellan Health

Chief Executive Officer

Daniel Gregoire

Magellan Health

General Counsel

Steven Shulman

Magellan Health

Chief Executive Officer

Mark Demilio

Magellan Health

Chief Financial Officer

Michael Majerik

Magellan Health

Chief Sales and Marketing Officer

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Source: SEC filing on April 12, 2007.