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Vijay Kotte

Chief Executive Officer (CEO) at GoHealth
Board
Since June 3, 2022
Age
47 years
Education
Holds a Bachelor's degree in Business Administration with a focus on Finance and Organizational Management from Emory University and an MBA from the Kellogg School of Management, Northwestern University.
Tenure
Joined GOCO as Chief Executive Officer on June 3, 2022 and serves on the Board of Directors.

Also at GoHealth

BB
Brad Burd
Chief Legal Officer and Corporate Secretary
BS
Brendan Shanahan
Chief Financial Officer (CFO)
MH
Michael Hargis
Chief Operating Officer

About

The executive is a seasoned healthcare leader with over two decades of experience in developing innovative healthcare models and Medicare-focused platforms, and he currently serves as Chief Executive Officer at GOCO.

He holds a strong educational background with a Bachelor's degree in Business Administration from Emory University and an MBA from the Kellogg School of Management at Northwestern University, which underpins his strategic approach and leadership capabilities.

Since joining GOCO on June 3, 2022, he has led the company as CEO and a Board member, while his previous roles at R1 RCM Inc. and DaVita Medical Group have equipped him with extensive operational and strategic experience. At 47 years old, his diverse background continues to drive progress and innovation in the healthcare sector.

$GOCO Performance Under Vijay Kotte

Past Roles

OrganizationRoleDate RangeDetails
R1 RCM Inc. (Nasdaq: RCM) Chief Solutions Officer and Executive Vice President, Strategy and Corporate Development 2019 to 2022 Oversaw physician-focused operations including growth, product development, and strategic initiatives
DaVita Medical Group Chief Value Officer 2014 to 2019 Operated within one of the nation’s leading independent medical groups providing primary and specialist care
Various Financial and Operational Roles in the Healthcare Industry Multiple roles in financial and operational capacities N/AHeld various positions prior to his tenure at DaVita Medical Group

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Base Salary$900,000 AnnualFixed compensation based on skills, experience, role
Stock Awards - Non-Performance RSUs$3,525,000 Vesting per grant scheduleGrant-date fair value calculated under FASB ASC Topic 718
Option Awards$691,664 Vesting per grant scheduleGrant-date fair value of stock options per FASB ASC Topic 718
Non-Equity Incentive Plan Compensation$0 N/ANo bonus awarded in 2023 due to negative discretion
401(k) Match$9,173 Annual vesting over four yearsRepresents 50% match on employee contributions up to 4% of compensation
Life Insurance Premiums$306 AnnualPremiums for life and AD&D insurance
Executive Health Care$15,371 AnnualCost of executive health benefits provided
Perquisites$360 AnnualCell phone allowance provided to executives

Performance Compensation

Data from  FY 2023

Performance-Based RSUs

AspectDetail
Performance MetricAdjusted EBITDA CAGR percentage
Evaluation PeriodComparison of 2022 reported Adjusted EBITDA to Calendar Year 2025 Adjusted EBITDA
Threshold/Target0% to 200% of the target award
Vesting ScheduleVests upon filing Form 10-K for FY ending December 31, 2025, subject to continued service
Grant DateApril 10, 2023
Grant Date Fair Value$14.10 per share
Number of Shares83,333 shares

Annual Bonus Plan

AspectDetail
Performance Metrics & WeightsEnrollments & Transfers (20%), Encompass Penetration (20%), Captive Cost Per Effectuated Policy (20%), Adjusted EBITDA (40%)
Performance ScaleEach metric rated from 0% to 200% of target
OutcomeNo bonus awarded for 2023 as decided by the Compensation Committee
ConditionsCash-based incentives with no associated grant date, grant date fair value, or vesting schedule