Cardinal Health (CAH) executive compensation, 2025 proxy

Jason M. Hollar, Chief Executive Officer, was paid $19M in fiscal 2025, down 26% from $25.7M the year before. The CEO-to-median-employee pay ratio was 261:1, on median employee pay of $72,657.

Filed
September 16, 2025
Annual meeting
November 5, 2025
Pay year
fiscal 2025
Named executives
5
CEO total pay
$19M-26% vs prior year
CEO to median employee
261:1median $72,657
CEO pay in equity
71%$13.4M in awards
Prior say-on-pay support
90%of votes cast
CEO annual incentive target
$2,611,575
CEO PSU target value
$8,231,474
Fiscal 23–25 PSU payout
212%Including 20% TSR modifier
Three-year TSR
235.5%S&P 500 Health Care Index: 9.4%

How Hollar was paid

$19M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary8%Stock awards71%Non-equity incentive19%All other compensation3%

Named executive officers

ExecutiveTotal
Jason M. HollarChief Executive Officer$18,976,195
Aaron E. AltChief Financial Officer$6,210,035
Stephen M. MasonChief Executive Officer, Global Medical Products and Distribution Segment$4,745,044
Deborah L. WeitzmanChief Executive Officer, Pharmaceutical and Specialty Solutions Segment$5,507,857
Jessica L. MayerChief Legal and Compliance Officer$4,925,352

What changed and why

  • $19M$18,976,195: CEO total compensation decreased from $25,651,209 in fiscal 2024.
  • $13.4M$13,431,441: CEO stock awards decreased from $20,640,912, which included incremental modification expense in fiscal 2024.
  • 212%212%: Fiscal 2023–2025 PSUs settled at this payout level after financial over-performance.
  • 20%20%: An upward TSR modifier was applied to the Fiscal 23–25 PSU payout.
  • 70%70%: Fiscal 2025–2027 PSU payout weighting is based on adjusted diluted EPS CAGR and average annual dividend yield.
  • $446K$445,557: Incremental cost of the CEO’s personal corporate-aircraft use was included in all other compensation.

Other Cardinal Health proxy statements

  • 2026 proxy statement

    Jason M. Hollar paid $22.6M (+19% on the year), pay ratio 288:1.

    Filed Sep 21, 2026

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.