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    Steven J. Sell

    Chief Executive Officer and President at agilon health inc
    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 inc

    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.