24/7 Wall St. Most Overpaid CEO Of The Day: Healthways (HWAY) CEO Ben R. Leedle, Jr
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Healthways (HWAY) CEO Ben Leedle had a base salary of $685,000 for the company’s latest fiscal year. Healthways managed to miss it guidance and get downgraded by Jefferies & Co. Those factors took the stock down by 24% this morning to just above $19, a new 52-week low. The period high is $71.22.
Since the beginning of the year, Healthways stock is down over 60%.
Last year, Leedle had total compensation of over $4.8 million. If he leaves the company under certain circumstances, or there is a change of control in ownership, Leedle can make almost $13 million.
Healthways market cap is only $635 million now. A lot of the company’s shareholders have been devastated. Leedle still has not asked for a pay cut.
Douglas A. McIntyre
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.
A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
