Clover Health Investments (CLOV) executive compensation, 2026 proxy

Andrew Toy, Co-Founder and Chief Executive Officer, was paid $1.3M in 2025, down 86% from $9.5M the year before. The CEO-to-median-employee pay ratio was 10:1, on median employee pay of $136,911.

Filed
April 28, 2026
Annual meeting
June 10, 2026
Pay year
2025
Named executives
5
CEO total pay
$1.3M-86% vs prior year
CEO to median employee
10:1median $136,911
CEO Base Salary
$800,000Annualized base salary for 2025
CEO Prior Year Total
$9,476,723Total compensation for fiscal 2024
CFO Total Compensation
$2,045,067Total compensation for Peter Kuipers in 2025
CEO Pay Ratio
10:1Ratio to median employee compensation

How Toy was paid

$1.3M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary61%Option awards39%All other compensation1%

Named executive officers

ExecutiveTotal
Andrew ToyCo-Founder and Chief Executive Officer$1,319,385
Peter KuipersChief Financial Officer$2,045,067
Jamie L. ReynosoChief Executive Officer of Medicare Advantage$1,468,166
Conrad WaiChief Executive Officer of Counterpart Health$1,211,938
Brady PriestChief Executive Officer of Clover Care Services$1,199,461

What changed and why

  • $1.3MCEO total compensation decreased to $1,319,385 in 2025 from $9,476,723 in 2024 primarily because no equity awards were granted to the CEO in 2025.
  • Peter Kuipers served as Chief Financial Officer during 2025 before being succeeded by Clay Thornton in March 2026.
  • $800KAnnualized base salaries were set at $800,000 for the CEO and ranged from $495,000 to $550,001 for other named executive officers.
  • The compensation program incorporates variable performance-based annual cash bonus awards and long-term incentive programs designed to align with stockholder interests.

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.