MedTech & Diagnostics
Labcorp Holdings Executive Compensation (FY25)
LH · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Adam Schechter | Latest say-on-pay support = May 26, 2026 | Chief executive pay ratio ◇ To the median employee |
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Data as of November 3, 2026Latest filing (8-K): May 26, 2026
12 filings cited on this page
Method: intel.velarion.ai/methodology
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354 figures on this page: 346 cited to the filing that reported them, 8 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 — Adam Schechter: $19,327,354 → $18,339,913 (5.1% lower)
Say-on-pay support: 91.9% → 94.7% (2.8 points higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Labcorp Holdings' chief executive and what were they paid?
Adam Schechter was paid $18,339,913 in total compensation as President and Chief Executive Officer for fiscal 2025. Schechter's total moved 5.1% lower from the $19,327,354 reported for fiscal 2024.
What was Labcorp Holdings' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 94.7% of votes cast for or against in favor at the meeting held May 26, 2026.
Which companies are in Labcorp Holdings' peer group?
Companies named in the disclosed peer group include Agilent Technologies, Inc., Baxter International Inc., Becton, Dickinson and Company Incorporated, Boston Scientific Corporation and Charles River Laboratories, among others.
What is Labcorp Holdings' chief executive pay ratio?
The company reported a chief executive pay ratio of 292:1 for fiscal 2025, against median employee compensation of $62,929.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Adam Schechter President and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
GLENN Eisenberg Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
PAUL Kirchgraber Executive Vice President and Chief Executive Officer, Early Development, Central Laboratories and Oncology | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Brian Caveney Executive Vice President and President, Early Development and Chief Medical and Scientific Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
MARK Schroeder Executive Vice President and President, Diagnostics Laboratories and Chief Operations Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Adam Schechter President and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
PAUL Kirchgraber Executive Vice President and Chief Executive Officer, Early Development, Central Laboratories and Oncology | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
GLENN Eisenberg Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
THOMAS Pike Executive Vice President | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
MARK Schroeder Executive Vice President and President, Diagnostics Laboratories and Chief Operations Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Brian Caveney Executive Vice President and President, Early Development and Chief Medical and Scientific Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Anita Graham Executive Vice President and Chief Human Resources Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Adam Schechter President and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Glenn Eisenberg Executive Vice President and Former Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Mark Schroeder Former Executive Vice President and President, Diagnostics and Chief Operations Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Brian Caveney Executive Vice President and President, Early Development Research Laboratories and Chief Medical and Scientific Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Julia Wang Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Anita Graham Executive Vice President and Chief Human Resources Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Adam Schechter President and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Julia Wang Executive Vice President and Chief Financial Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Mark Schroeder Former Executive Vice President and President, Diagnostics and Chief Operations Officer Departed during or after this year | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Brian Caveney Executive Vice President and President, Early Development Research Laboratories and Chief Medical and Scientific Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Megan Bailey Executive Vice President and President, Central Laboratories and International | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Adam Schechter | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Adam Schechter | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Adam Schechter | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Brian Caveney | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Brian Caveney | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Brian Caveney | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Julia Wang | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Julia Wang | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Julia Wang | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Mark Schroeder | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Mark Schroeder | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Mark Schroeder | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Megan Bailey | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Megan Bailey | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Megan Bailey | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2023 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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Adam Schechter | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Julia Wang | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Megan Bailey | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Brian Caveney | RSU | ◇ | ◇ | — | — |
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.
Adam Schechter
President and Chief Executive Officer · Severance agreement
| Severance multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Excise tax treatment | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
| Clawback | ◇ |
Brian Caveney
Executive Vice President and President, Early Development Research Laboratories and Chief Medical and Scientific Officer · Severance agreement
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
| Clawback | ◇ |
Julia Wang
Executive Vice President and Chief Financial Officer · Severance agreement
| Severance multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Excise tax treatment | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
| Clawback | ◇ |
Mark Schroeder
Former Executive Vice President and President, Diagnostics and Chief Operations Officer · Severance agreement
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
| Clawback | ◇ |
Megan Bailey
Executive Vice President and President, Central Laboratories and International · Severance agreement
| Severance multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
| Clawback | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Garheng Kong Lead independent director | ◇ | ◇ | — | — | — | ◇ | ◇ |
Jeffrey A. Davis | ◇ | ◇ | — | — | — | ◇ | ◇ |
Richelle P. Parham | ◇ | ◇ | — | — | — | ◇ | ◇ |
Paul B. Rothman | ◇ | ◇ | — | — | — | ◇ | ◇ |
Peter M. Neupert | ◇ | ◇ | — | — | — | ◇ | ◇ |
Kerrii B. Anderson | ◇ | ◇ | — | — | — | ◇ | ◇ |
D. Gary Gilliland | ◇ | ◇ | — | — | — | ◇ | ◇ |
Kathryn E. Wengel | ◇ | ◇ | — | — | — | ◇ | ◇ |
Kirsten M. Kliphouse | ◇ | ◇ | — | — | — | ◇ | ◇ |
Victor Bulto | ◇ | ◇ | — | — | — | ◇ | ◇ |
John H. Sampson and Adam H. Schechter 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 | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Agilent Technologies, Inc. A
- Baxter International Inc. BAX
- Becton, Dickinson and Company Incorporated BDX
- Boston Scientific Corporation BSX
- Charles River Laboratories CRL
- Henry Schein, Inc. HSIC
- Hologic, Inc. HOLX
- Quest Diagnostics Incorporated DGX
- Stryker Corporation SYK
- Tenet Healthcare Corporation THC
- Universal Health Services UHS
- Viatris VTRS
- Zimmer Biomet Holdings, Inc. ZBH
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 26, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 20, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 14, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 11, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 11, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 12, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 13, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 9, 2019 | = | ◇ | ◇ | ◇ |
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?”
- Adam Schechter (President and Chief Executive Officer), FY2025 total compensation $18,339,913 (base salary $1,435,000) [exec_comp, SEC accession 0001193125-26-150752, filed 2026-04-10]What this page does not include
Everything above is a fact Labcorp Holdings disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Labcorp Holdings 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 — $500Written 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 — $500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500Realizable 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 IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
354 figures on this page: 346 cited to the filing that reported them, 8 calculated from figures it prints.
346 cited to the filing
8 calculated from the filing
Documents cited
- 0000920148-26-000143
- 0001193125-26-150752CEO Pay Ratio · DIRECTOR COMPENSATION · Outstanding Equity Awards at Fiscal Year-End · Summary Compensation Table
- 0000920148-25-000069
- 0001193125-25-072853Summary Compensation Table
- 0000920148-24-000036
- 0001193125-24-087342Summary Compensation Table
- Employment Agreement
- 0000920148-23-000038
- 0001193125-22-150330
- 0001193125-21-162006
- 0001193125-20-145193
- 0001193125-19-145334
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This page is free to cite. Attribution we ask for:
Velarion, “Labcorp Holdings executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/LH (accessed 2026).
Short form: data: Velarion
The Labcorp Holdings brief, $500
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12 filings cited on this page
Method: intel.velarion.ai/methodology
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MedTech & Diagnostics rankings
Peers Labcorp Holdings discloses
The companies named in LH's own disclosed peer group.
Agilent Technologies, Inc.Baxter International Inc.Becton, Dickinson and Company IncorporatedBoston Scientific CorporationCharles River LaboratoriesHenry Schein, Inc.Hologic, Inc.Quest Diagnostics IncorporatedStryker CorporationTenet Healthcare CorporationUniversal Health ServicesViatrisZimmer Biomet Holdings, Inc.
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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}
}