VVelarionINTELLIGENCE
Sign inStart free trial
Start free trial
Insurance

Alignment Healthcare Executive Compensation (FY25)

ALHC · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
John Kao
Median of the other named officers
$3,129,021
5 officers, excluding the chief executive
Latest say-on-pay support
=
June 4, 2026
Chief executive pay ratio
◇
To the median employee
Velarion Intel, $5,000/year: one seat · one year · every company we cover, with dashboards, peer screens and board-ready briefs.
See every company’s exec pay — free for 3 days, no cardSee the plan and pricing

The Alignment Healthcare brief, $500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $900.
Get the executive briefGet the board briefNo account needed.
Data as of November 4, 2026Latest filing (8-K): June 9, 2026
9 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Alignment Healthcare brief$500Get the executive brief
Velarion Intel, one year, every company
271 figures on this page: 267 cited to the filing that reported them, 4 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — John Kao: $6,369,165 → $11,278,583 (77.1% higher)
Say-on-pay support: 98.6% → 94.8% (3.8 points lower)
CEO pay ratio: 90:1 → 158:1 (75.6% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Alignment Healthcare's chief executive and what were they paid?
John Kao was paid $11,278,583 in total compensation as Chief Executive Officer for fiscal 2025. Kao's total moved 77.1% higher from the $6,369,165 reported for fiscal 2024.
What was Alignment Healthcare's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 94.8% of votes cast including abstentions in favor at the meeting held June 4, 2026.
Which companies are in Alignment Healthcare's peer group?
Companies named in the disclosed peer group include AdaptHealth Corp., agilon health, inc., Astrana Health, Inc., Bausch & Lomb Corp. and Clover Health Investments Corp., among others.
What is Alignment Healthcare's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 158:1, against median employee compensation of $71,260.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Kao
Director and Chief Executive Officer
◇—◇◇◇—◇◇
Dawn Maroney
President, Markets
◇—◇◇◇—◇◇
Dinesh Kumar
Chief Medical and Operating Officer
◇—◇◇◇—◇◇
Thomas Freeman
Chief Financial Officer
◇—◇◇◇—◇◇
Richard Cross
General Counsel and Corporate Secretary
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Kao
Chief Executive Officer
◇—◇—◇—◇◇
Dawn Maroney
President, Markets
◇◇◇—◇—◇◇
Thomas Freeman
Chief Financial Officer
◇◇◇—◇—◇◇
Hakan Kardes
Chief Experience Officer
◇◇◇—◇—◇◇
Hyong Kim
Chief Medical Officer
◇◇◇—◇——◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Kao
Chief Executive Officer
◇◇◇—◇—◇◇
Dawn Maroney
President
◇◇◇—◇—◇◇
Thomas Freeman
Chief Financial Officer
◇◇◇—◇—◇◇
Hyong Kim
Chief Medical Officer
◇—◇—◇—◇◇
Andreas Wagner
Chief Human Resources Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Kao
Chief Executive Officer
◇—◇—◇—◇◇
Dawn Maroney
President
◇—◇—◇—◇◇
James Head
Chief Financial Officer
◇—◇—◇—◇◇
Hyong Kim
Chief Medical Officer
◇—◇—◇—◇◇
Christopher Joyce
Chief Legal & Administrative Officer
◇—◇—◇—◇◇
Thomas Freeman
Former Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇— not reconciled
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Christopher JoyceRSU◇——◇——◇
Christopher JoycePSU◇◇◇—◇—◇
Dawn MaroneyPSU◇◇◇—◇—◇
Dawn MaroneyRSU◇——◇——◇
Hyong KimRSU◇——◇——◇
Hyong KimPSU◇◇◇—◇—◇
James M. HeadRSU◇——◇——◇
James M. HeadPSU◇◇◇—◇—◇
John KaoPSU◇◇◇—◇—◇
John KaoRSU◇——◇——◇
Thomas FreemanPSU◇◇◇—◇—◇
Thomas FreemanRSU◇——◇——◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
John KaoPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Option◇—◇3/8/2032
Dawn MaroneyPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇3/8/2032
Hyong KimRSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Christopher JoycePSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Thomas FreemanPSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
James HeadPSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Christopher Joyce
Chief Legal & Administrative Officer · Employment agreement · dated August 1, 2023
Severance multiple◇
Benefits continuation◇
Non-solicit period◇
Clawback◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Joseph Konowiecki
Board chair
◇◇————◇
Margaret McCarthy
◇◇————◇
Jacqueline Kosecoff
◇◇————◇
Yon Jorden
◇◇————◇
David Hodgson
◇◇————◇
Jody Bilney
◇◇————◇
Robbert Vorhoff
◇◇————◇
Mark McClellan
◇◇————◇
John Kao served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.
Stock ownership guideline: Officer and director stock ownership requirements

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • AdaptHealth Corp. AHCO
  • agilon health, inc. AGL
  • Astrana Health, Inc. ASTH
  • Bausch & Lomb Corp. BLCO
  • Clover Health Investments Corp. CLOV
  • DaVita Inc. DVA
  • Ensign Group, Inc. ENSG
  • Evolent Health, Inc. EVH
  • Option Care Health, Inc. OPCH
  • Oscar Health, Inc. OSCR
  • Pediatrix Medical Group, Inc. MD
  • Privia Health Group, Inc. PRVA
  • Quest Diagnostics Inc. DGX
  • RadNet, Inc. RDNT
  • Select Medical Holdings Corp. SEM
  • Teladoc Health, Inc. TDOC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 4, 2026=◇◇◇
2024June 5, 2025=◇◇◇
2023June 7, 2024=◇◇◇
2022June 6, 2023=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- John Kao (Chief Executive Officer), FY2025 total compensation $11,278,583 (base salary $833,654) [exec_comp, SEC accession 0001628280-26-027058, filed 2026-04-24]

See a complete sample report

Answered within 24 hours, every figure cited to its SEC filing. This is a one-off report: no refunds.

Email me this page as a cited PDF — sent in 2 minutes
The same figures, the same citations, formatted to hand to a committee. Nothing is added that is not on this page.
Your address is used for this and nothing else. Unsubscribe in one click.
Tell me when Alignment Healthcare files
You get a note when this company’s compensation data changes.
Your address is used for this and nothing else. Unsubscribe in one click.

What this page does not include

Everything above is a fact Alignment Healthcare disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Alignment Healthcare sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about access
Multiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion Intelligence
Join the list for Peer Group Review
Whether Alignment Healthcare's disclosed peer group is defensible, who names Alignment Healthcare back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
271 figures on this page: 267 cited to the filing that reported them, 4 calculated from figures it prints.
267 cited to the filing
4 calculated from the filing

Documents cited

  1. 0001628280-26-041926
  2. 0001628280-26-027058
    CEO Pay Ratio · EACH OF THE ABOVE DIRECTOR NOMINEES. · EXECUTIVE AND DIRECTOR COMPENSATION
  3. 0001628280-26-012545
    EX-10.10
  4. 0001628280-25-030795
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001628280-25-019952
  6. 0001628280-24-027889
  7. 0001193125-24-116055
  8. 0000950170-23-027311
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0000950170-23-014906
    Summary Compensation Table
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Alignment Healthcare executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/ALHC (accessed 2026).
Short form: data: Velarion

The Alignment Healthcare brief, $500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $900.
Get the executive briefGet the board briefNo account needed.
9 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about Alignment Healthcare and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Setup guide and the full list of questions it answers

Insurance rankings

Chief executive pay — InsuranceCEO pay ratio — InsuranceSay-on-pay support — Insurance

Peers Alignment Healthcare discloses

The companies named in ALHC's own disclosed peer group.

AdaptHealth Corp.agilon health, inc.Astrana Health, Inc.Bausch & Lomb Corp.Clover Health Investments Corp.DaVita Inc.Ensign Group, Inc.Evolent Health, Inc.Option Care Health, Inc.Oscar Health, Inc.Pediatrix Medical Group, Inc.Privia Health Group, Inc.Quest Diagnostics Inc.RadNet, Inc.Select Medical Holdings Corp.Teladoc Health, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  All companies · The Pay Desk · Methodology · Terms · Privacy