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R1 RCM Executive Compensation (FY23)

RCM · Executive and director compensation, fiscal 2023 only
Chief executive, fiscal 2023
◇
Lee Rivas
Median of the other named officers
$2,339,312
5 officers, excluding the chief executive
Chief executive pay ratio
◇
To the median employee
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Data as of November 5, 2026Latest filing (DEF 14A): April 12, 2024
1 filing cited on this page
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160 figures on this page, cited to the filing that reported them. See the citations

Frequently asked questions

Answers drawn from the data on this page.
Who is R1 RCM's chief executive and what were they paid?
Total compensation for Lee Rivas, Chief Executive Officer, came to $14,159,376 in fiscal 2023.
Which companies are in R1 RCM's peer group?
Companies named in the disclosed peer group include Akamai Technologies, ANSYS, CBIZ, ExlService Holdings and FTI Consulting, among others.
What is R1 RCM's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2023 is 980:1, against median employee compensation of $14,476.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lee Rivas
Chief Executive Officer
◇—◇—◇—◇◇
John Sparby
President
◇—◇—◇—◇◇
Jennifer Williams
Chief Financial Officer
◇—◇—◇—◇◇
Kyle Hicok
Chief Commercial Officer
◇—◇—◇—◇◇
Rachel Wilson
Former Chief Financial Officer
Departed during or after this year
◇—————◇◇
Gary Long
Former Chief Commercial Officer
Departed during or after this year
◇—————◇◇
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 2023
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Jennifer WilliamsPSU◇◇◇—◇—◇
Jennifer WilliamsRSU◇——◇——◇
John SparbyRSU◇——◇——◇
John SparbyRSU◇——◇——◇
John SparbyPSU◇◇◇—◇—◇
Kyle HicokPSU◇◇◇—◇—◇
Kyle HicokRSU◇——◇——◇
Lee RivasPSU◇◇◇—◇—◇
Lee RivasRSU◇——◇——◇
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 2023 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Lee RivasPSU◇◇——
PSU◇◇——
RSU◇◇——
John SparbyPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Kyle HicokPSU◇◇——
PSU◇◇——
RSU◇◇——
Jennifer WilliamsPSU◇◇——
PSU◇◇——
RSU◇◇——
Rachel WilsonPSU◇◇——
PSU◇◇——
Gary LongPSU◇◇——
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.
Gary Long
Former Chief Commercial Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Benefits continuation◇
Jennifer Williams
Chief Financial Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
John Sparby
President · Terms as described in the company’s compensation discussion
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Kyle Hicok
Chief Commercial Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Equity acceleration on change in control◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Lee Rivas
Chief Executive Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Rachel Wilson
Former Chief Financial Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Severance cash amount◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2023
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Anthony J. Speranzo
Board chair
◇◇————◇
John B. Henneman, III
Lead independent director
◇◇————◇
Anthony R. Tersigni
—◇————◇
David M. Dill
◇◇————◇
Agnes Bundy Scanlan
◇◇————◇
Jill Smith
◇◇————◇
Jeremy Delinsky
◇◇————◇
Bradford Kyle Armbrester
◇◇————◇
Michael C. Feiner
◇◇————◇
Joseph Flanagan
◇◇————◇
Clay Ashdown, Matthew Holt, Neal Moszkowski, Brian K. Dean, Janie Wade, Dominic Nakis, Erik G. Wexler, Ian Sacks and Lee Rivas served on the board in fiscal 2023 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
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◇
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 2023
  • Akamai Technologies AKAM
  • ANSYS ANSS
  • CBIZ CBZ
  • ExlService Holdings EXLS
  • FTI Consulting FCN
  • Genpact Limited G
  • ICF International ICFI
  • Maximus MMS
  • MultiPlan symbol not shown
  • Premier PINC
  • Stericycle SRCL
  • STERIS STE
  • Teradata TDC
  • TransUnion TRU
  • Unisys UIS
  • Veeva Systems VEEV
  • Verisk Analytics VRSK
  • WEX WEX

Chief executive pay ratio

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

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Sample answer — “What is the CEO’s total compensation?”
- Lee Rivas (Chief Executive Officer), FY2023 total compensation $14,159,376 (base salary $900,000) [exec_comp, SEC accession 0001628280-24-015923, filed 2024-04-12]

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What this page does not include

Everything above is a fact R1 RCM disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
160 figures on this page, cited to the filing that reported them.
160 cited to the filing

Documents cited

  1. 0001628280-24-015923
    CEO Pay Ratio · Compensation Discussion and Analysis · DIRECTOR COMPENSATION · Summary Compensation Table
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “R1 RCM executive compensation, FY2023.” https://intel.velarion.ai/comp/RCM (accessed 2026).
Short form: data: Velarion

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Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
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1 filing cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers R1 RCM discloses

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

Akamai TechnologiesANSYSCBIZExlService HoldingsFTI ConsultingGenpact LimitedICF InternationalMaximusPremierStericycleSTERISTeradataTransUnionUnisysVeeva SystemsVerisk AnalyticsWEX

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}
}
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