Title: President and Chief Development and Strategy Officer
Company: Select Medical Holdings (
SEM)
CEO: Robert A. Ortenzio
Pay difference: $7.0 million
A longtime director, Chernow joined Select Medical as president in 2010, and to sweeten the deal, the firm awarded him stock worth nearly $7.5 million.
If that wasn't enough, because Chernow had to move from Colorado to a new home near Select's Pennsylvania headquarters, the firm gave him a relocation bonus of $150,000. It's safe to say that will cover the U-Haul rental.
Select added Chief Development Officer to Chernow's title last January and his stock award won't vest completely until 2016, so it looks like his bosses are hoping he won't pick up and move again any time soon.
--J.O.Source:
Equilar, Inc.NEXT: Jeffrey A. Wilke, $7.2 million