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    Suzanne Foster

    Chief Executive Officer at Adapthealth Corp
    Since May 20, 2024
    Age
    54 years
    Education
    Holds a Master of Public Health (MPH) in Law and Health Policy from Harvard University and a Juris Doctor (JD) from Suffolk University Law School.
    Tenure
    Joined AHCO as the Chief Executive Officer on May 20, 2024, simultaneously assuming a seat on the Board of Directors, following a distinguished career in healthcare leadership.

    Also at Adapthealth Corp

    RB
    Richard Barasch
    Chairman of the Board
    AP
    Albert Prast
    Chief Technology Officer
    CA
    Christine Archbold
    Chief Accounting Officer

    About

    Suzanne Foster is a 54-year-old executive with over 25 years of experience in the healthcare industry, renowned for her purpose-driven leadership and commitment to improving patient outcomes.

    She assumed the role of Chief Executive Officer at AHCO on May 20, 2024, and concurrently joined the Board of Directors, marking a significant milestone in her already impressive career. Her leadership journey spans prominent roles at major healthcare companies such as Beckman Coulter Life Sciences at Danaher Corporation, Cardinal Health, Stanley Healthcare, and Medtronic Advanced Energy.

    Beyond her executive duties at AHCO, she has contributed extensively to the healthcare community through board memberships in notable organizations like the University System of New Hampshire and Unitil Corp., further leveraging her expertise to drive strategic growth and innovation.

    $AHCO Performance Under Suzanne Foster

    Past Roles

    OrganizationRoleDate RangeDetails
    Danaher Corporation President, Beckman Coulter Life Sciences 2022 – May 20, 2024 Ended upon appointment as AHCO CEO
    Cardinal Health President, At Home Solutions January 2020 – April 2022
    Stanley Healthcare (Stanley Black & Decker) President, Stanley Healthcare April 2018 – January 2020 Healthcare technology operating division
    University System of New Hampshire Board of Trustees 2017 – N/A
    Medtronic Advanced Energy General Manager August 2011 – March 2018
    Salient Surgical Technologies Vice President, Global Business Operations N/A Later acquired by Medtronic
    Elliot Health System Vice President, Legal & Compliance N/A
    Holland & Knight Attorney N/A
    Wiggin & Nourie Attorney N/A

    External Roles

    OrganizationRoleDate Range
    Unitil Corp. (NYSE: UTL) Board Member 2019 – Present
    Multiple Private Medical Technology Companies Board Member N/A

    Fixed Compensation

    Data from  FY 2024
    Component Name Amount Payment Schedule Additional Details
    Annual Base Salary$900,000AnnuallyAs outlined in the employment agreement

    Performance Compensation

    Data from  FY 2024

    Annual Incentive Bonus

    Metric Value
    Target Bonus Amount$1,080,000 (120% of the base salary of $900,000)
    Bonus Payout Range0% to 200% of the target bonus
    Performance ObjectivesAnnual company and individual performance objectives
    Evaluation PeriodFiscal Year 2024

    Sign-On Inducement RSUs

    Metric Value
    Grant DateMay 20, 2024
    Grant Value$4,900,000
    Vesting Schedule50% time-vested in equal annual installments over three years; 50% performance-vested at the third anniversary
    Performance MetricTotal Shareholder Return (TSR) relative to peer companies
    Performance Thresholds and Targets<25th Percentile: 0%; 25th Percentile: 50%; 50th Percentile: 100%; 75th or above: 200% vesting
    Share Price DeterminationBased on the 20-trading day volume-weighted average price prior to the public announcement

    Make-Whole Inducement RSUs

    Metric Value
    Grant DateMay 20, 2024
    Grant Value$1,000,000
    Vesting ScheduleEqual annual installments over two years
    Performance MetricNone (time-based vesting only)
    Share Price DeterminationBased on the 20-trading day volume-weighted average price prior to the public announcement

    Note: The above tables represent the performance compensation elements available for 2024 based solely on the provided information.