John Kao

Chief Executive Officer at Alignment Healthcare

Board

Since 2014

Age

62 years

Education

Earned a Bachelor of Science from Santa Clara University and an MBA from the UCLA Anderson Graduate School of Management.

Tenure

Founded ALHC in 2014 and has served continuously as Chief Executive Officer and a member of the Board.

Also at Alignment Healthcare

Andreas Wagner

Chief People Officer

CJJ

Christopher J. Joyce

Chief Legal & Administrative Officer

Dawn Maroney

President of the Company

About

John Kao is a seasoned executive who founded Alignment Healthcare, Inc. in 2014 and has since served as both Chief Executive Officer and a member of its Board.

He earned his academic credentials with a Bachelor of Science from Santa Clara University and an MBA from the UCLA Anderson Graduate School of Management, where he was also recognized as a Venture Capital Fellow.

Prior to his leadership at ALHC, he held key roles in the healthcare industry, including presidency at CareMore Medical Enterprises, Inc., executive vice presidency at The TriZetto Group, and senior positions at PacifiCare Health Systems, among others.

$ALHC Performance Under John Kao

Past Roles

Organization	Role	Date Range	Details
CareMore Medical Enterprises, Inc.	President	2006 - 2011	Acquired in 2006; acquired by Wellpoint, Inc. in August 2011
The TriZetto Group	Executive Vice President	N/A	N/A
PacifiCare Health Systems	President & CEO, Ventures Division; CFO at Secure Horizons USA	N/A	Held multiple roles at the company
FHP International	Mergers and Acquisitions	N/A	N/A
BancAmerica Securities, Inc.	Investment Banking	N/A	N/A

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$786,539	Annual	Fixed base salary compensation
Internet Stipend	$420	Annual	Fixed amount for internet usage
Imputed Income for Domestic Partnership Insurance	$4,789	Annual	Taxable benefit for domestic partnership insurance

Performance Compensation

Data from FY 2023

Annual Incentive Plan (AIP)

Metric	Value
Threshold	$393,269
Target	$786,539
Maximum	$1,573,077
Actual Payout	$1,057,108
Funding	134.4% of target
Modifier	-25% to +50% based on CMS Star Ratings
Vesting Schedule	75% in March 2024; 25% in Q4 2024
Performance Metric	Corporate Performance Objectives (100%)

Performance Share Units (PSUs)

Metric	Value
Threshold	1,088,667 PSUs
Target	2,177,333 PSUs
Maximum	3,266,000 PSUs
Grant Date	September 14, 2023
Grant Date Fair Value	$12,497,891
Vesting Schedule	50% on Certification Date (≈March 1, 2025); 50% on December 31, 2025
Performance Metrics	Health Plan Revenue Growth (60%), At-Risk Returning Member Medical Benefit Ratio (20%), Adjusted EBITDA less CapEx (20%)