Seth Blackley
Also at Evolent Health Inc
About
Seth Blackley began his distinguished career in the healthcare and consulting sectors by working as an analyst at McKinsey & Company in Washington, D.C., and later held an executive role in corporate development and strategic planning at The Advisory Board from June 2007 to August 2011.
He was instrumental in the founding of EVH, where he served as President starting in August 2011 before transitioning to the role of Chief Executive Officer in October 2020. His leadership marked a significant evolution in the company's strategic growth and operational success.
Beyond his primary responsibilities at EVH, he further contributed to the healthcare industry by serving on the board of directors of Advanced Practice Strategies from 2014 to 2016, underscoring his commitment to enhancing healthcare practices and outcomes.
$EVH Performance Under Seth Blackley
Past Roles
Organization | Role | Date Range | Details |
---|---|---|---|
Evolent Health (EVH) | President | August 2011 - October 2020 | Promoted to CEO in October 2020 |
Evolent Health (EVH) | Co-Founder | N/A | Co-founded the company |
The Advisory Board | Executive Director of Corporate Development and Strategic Planning | June 2007 - August 2011 | N/A |
McKinsey & Company | Analyst | N/A | Began his career in Washington, D.C. office |
External Roles
Organization | Role | Date Range | Details |
---|---|---|---|
Access Clinical Partners | Board Member | Current | N/A |
Iodine Healthcare | Board Member | Current | N/A |
Fixed Compensation
Component Name | Amount | Payment Schedule | Additional Details |
---|---|---|---|
Base Salary | $783,333 | Prorated in 2023; adjustments made during the year with an increase effective March 1, 2023 (targeted at $800,000) | Reflects the annual base salary for 2023, subject to prorations due to mid-year adjustments |
All Other Compensation | $13,200 | Discretionary, paid as part of 401(k) matching contributions | 401(k) matching contributions provided up to 4% of the base salary, vesting over three years |
Performance Compensation
Annual Cash Incentive Plan (Bonus)
Metric | Value | Details |
---|---|---|
Threshold (Meets Expectations) | $400,000 | Corresponds to a performance rating of 3/5 |
Target (Exceeds Expectations) | $800,000 | Corresponds to a performance rating of 4/5 |
Maximum (Exceptional Performance) | $1,200,000 | Corresponds to a performance rating of 5/5; achieved as the actual payout based on performance evaluation |
- Evaluation Period & Vesting: This cash incentive is performance-based and evaluated by the Compensation Committee without an associated vesting schedule, as it is a cash bonus.
- Additional Notes: There is no grant date, grant date fair value, or stock price since this incentive is not equity-based.