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Steven J. Sell

Chief Executive Officer and President at agilon health
Since June 2020
Age
57 years
Education
Earned a B.A. from Swarthmore College and an MBA from the Stanford Graduate School of Business.
Tenure
Has been serving as the Chief Executive Officer and President of agilon health since June 2020.

Also at agilon health

BS
Ben Shaker
Chief Markets Officer
DVZ
Denise V. Zamore
Chief Legal Officer and Corporate Secretary
GV
Girish Venkatachaliah
Chief Technology Officer

About

Steven J. Sell currently holds the position of Chief Executive Officer and President at agilon health, having joined the company in June 2020. He also serves as a director, lending his strategic expertise and deep industry experience to help shape the company’s direction.

Before his tenure at agilon health, he built an impressive career at Health Net, where he held roles including President, Chief Executive Officer, and Chairman from March 2016 to June 2019, as well as serving as President of the Western Region from November 2008 to March 2016.

With a strong educational background in arts and business, Steven brings both academic prowess and practical insight to his extensive career in healthcare. Beyond his executive responsibilities, he actively advises several early-stage healthcare companies, further contributing to the innovative landscape of the industry.

$AGL Performance Under Steven J. Sell

Past Roles

OrganizationRoleDate RangeDetails
Health Net President, CEO & ChairmanMarch 2016 - June 2019Led the company during a transformative period
Health Net President of the Western RegionNovember 2008 - March 2016Oversaw regional operations

External Roles

OrganizationRoleDate RangeDetails
Multiple early-stage healthcare companies AdvisorN/ACurrent active advisory role

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Annual Base Salary$750,000 AnnualFixed salary for fiscal year 2023
All Other Compensation$16,985 AnnualIncludes various benefits and perquisites

Performance Compensation

Data from  FY 2023

Annual Incentive Compensation

Metric [unit]**Weight (%)Threshold (% of Target)Target (% of Target)Maximum (% of Target)Details
Adjusted EBITDA29% 80%100%125%Financial performance metric
Year-end membership (existing markets)14.5% 80%100%125%Operational metric
New market membership growth14.5% 80%100%125%Operational metric
Experience (measured by NPS & PCP touchpoints)18% 80%100%125%Customer experience and operational touchpoints
Quality (chronic condition reassessment & acknowledgment rates)13% 80%100%125%Quality performance metric
Team & Culture11% 80%100%125%Organizational culture metric

Target Annual Incentive Opportunity: $562,500 (75% of base salary). Maximum Annual Incentive Payout: $843,750 (150% of target opportunity).

Stock Awards (PSUs, RSUs, Stock Options)

Award TypeTarget Units/SharesGrant Date Fair Value ($)Grant Date Stock Price ($)Vesting SchedulePerformance Metrics/Conditions
PSUs79,059 $2,250,019 $28.46 Vests at the end of a 3-year performance period (Dec 31, 2025) Based on achieving Revenue & Adjusted EBITDA targets; payout ranges from 50% at threshold (80% performance) up to 200% at maximum (125% performance)
RSUs39,530 $1,125,024 $28.46 4 equal annual installments starting on the first anniversary (Apr 14, 2024) Vesting contingent on continued service
Stock Options68,348 $1,125,008 $28.46 4 equal annual installments starting on the first anniversary (Apr 14, 2024) Vesting contingent on continued service

Evaluation Periods:

  • PSUs: 3-year performance period ending Dec 31, 2025.
  • RSUs & Stock Options: Vest in equal annual installments over 4 years starting from Apr 14, 2024.