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    John Kao

    Chief Executive Officer at Alignment Healthcare Inc
    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 Inc

    AW
    Andreas Wagner
    Chief People Officer
    CJJ
    Christopher J. Joyce
    Chief Legal & Administrative Officer
    DM
    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

    OrganizationRoleDate RangeDetails
    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 NameAmountPayment ScheduleAdditional 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)

    MetricValue
    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)

    MetricValue
    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%)