Mark T. Bertolini

Chief Executive Officer at Oscar Health Inc

Board

Since April 3, 2023

Age

67 years

Education

Holds a Bachelor of Science degree in Business from Wayne State University and a Master of Business Administration from Cornell University.

Tenure

Began the role as Chief Executive Officer at Oscar Health on April 3, 2023 after serving as a strategic advisor and now also serves as a member of the Board of Directors.

Also at Oscar Health Inc

Mario Schlosser

President of Technology and CTO

Alessandrea Quane

Chief Insurance Officer

Janet Liang

EVP and President of Oscar Insurance

About

Mark T. Bertolini’s career is defined by a robust track record in executive leadership across the healthcare and investment management industries. Early in his career, he held important roles at noted organizations where he built a reputation for innovation and strategic thinking, laying a strong foundation in both healthcare operations and financial services.

His tenure at Aetna Inc. as CEO and Chairman was marked by transformative changes and major strategic initiatives, including orchestrating the company’s acquisition, which showcased his ability to lead through complex transitions. Following this, his leadership role as Co-CEO at Bridgewater Associates, LP further underscored his capability to navigate global market dynamics and drive organizational success during periods of rapid change.

At his current position at Oscar Health, he leverages his extensive experience and tech-forward approach to drive innovation and growth. Beyond his executive responsibilities, he contributes significantly to the industry through board memberships at major corporations, thereby extending his influence and commitment to advancing healthcare and financial services.

$OSCR Performance Under Mark T. Bertolini

Past Roles

Organization	Role	Date Range	Details
Bridgewater Associates, LP	Co-Chief Executive Officer	January 2022 – March 2023	N/A
CVS Health Corporation	Director	2018 – 2020	N/A
Aetna Inc.	Chief Executive Officer	November 2010 – November 2018	Also served as Chairman from April 2011 – November 2018 (see next row)
Aetna Inc.	Chairman	April 2011 – November 2018	N/A
The Cigna Group, NYLCare Health Plans, SelectCare, Inc.	Various Executive Roles	N/A	No specific dates provided

External Roles

Organization	Role	Date Range	Details
Verizon Communications Inc.	Director	Current	N/A
Thrive Global	Director	Current	N/A
FIDELCO Guide Dog Foundation	Director	Current	N/A

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$600,000 (annual), $450,000 actually received	Partial year (from April 3, 2023)	Reflects prorated compensation due to start date
Reimbursement for Legal Costs	Up to $30,000	N/A	Reimbursement for reasonable legal costs related to negotiating employment agreements

Performance Compensation

Data from FY 2023

Performance-Based Restricted Stock Units (PSUs)

Metric	Details
Component	Performance-Based RSUs (PSUs)
Performance Metrics	Stock price performance measured over a 90 consecutive trading-day period
Price per Share Goals	$11.00 (2,866,667 PSUs), $16.00 (2,866,667 PSUs), $39.00 (1,720,000 PSUs)
Target/Threshold	Achieve predetermined price per share goals; first hurdle of $11.00 achieved in March 2024
Evaluation Period	April 3, 2023 to April 3, 2026
Grant Date	April 3, 2023
Grant Date Fair Value	$24,584,535
Grant Date Stock Price	$2.46 to $5.70
Vesting Schedule	Full vesting on April 3, 2026 subject to continued CEO service; accelerated vesting upon change of control
Actual Results	$11.00 price goal met in March 2024, resulting in 2,866,667 earned PSUs