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Elevance Health ELV

US equityMarket cap rank #233Healthcare Plans
$425.62 −$6.38 (-1.48%)
Market closed · Nov 7, 9:10 am ET · Last extended-hours $425.62 0.00%
Open$421.47
Prev close$432.00
Day range$421.47 – $430.69
Volume1.44M
Market cap$91.96B
P/E (TTM)18.1
Dividend yield1.61%
Founded1944
CEOMs. Gail Koziara Boudreaux
Employees97,100
HeadquartersIndianapolis, United States of America
Websitewww.elevancehealth.com

About

Elevance Health is one of the largest U.S. health insurers, operating Blue Cross Blue Shield plans and the CarelonRx pharmacy unit.

What tends to move the stock

Medical cost trends, especially in Medicaid and Medicare Advantage, decide profit. Enrollment shifts matter too.

Revenue per employee

$1.4M$1.6M$1.9M$2.1MDec '18Dec '21Dec '25

97,100 employees as of 2025/FY (-6.8% YoY). Revenue per employee is total revenue divided by headcount — a rough productivity gauge, not a per-worker pay figure.

Management team

Gail Koziara Boudreaux President, Chief Executive Officer and Director
Age 65 · Total comp. $22,582,314.00 · As of 26 Mar 2026
Mark B. Kaye Executive Vice President and Chief Financial Officer
Age 46 · Total comp. $7,992,077.00 · As of 5 Feb 2026

Mr. Kaye has been serving as our Executive Vice President and Chief Financial Officer since November 2023, having joined us in September 2023 as our Chief Financial Officer Designate. Prior to joining us, he served as the Executive Vice President and Chief Financial Officer of Moody's Corporation (Moody's) (credit rating and research company) from April 2021 to September 2023, with responsibility for all global finance activities across the company and as Senior Vice President - Chief Financial Officer from August 2018 to April 2021. Prior to Moody's, he served as Senior Vice President and Head of Financial Planning and Analysis at Massachusetts Mutual Life Insurance Company (MassMutual) (financial services company) from February 2016 until July 2018, and Chief Financial Officer of MassMutual U.S. from July 2015 to February 2016. Prior to that, Mr. Kaye served as Chief Financial Officer and Senior Vice President, Retirement Solutions, at Voya Financial (formerly ING U.S.) (institutional asset manager) from 2011 to 2015. Leading up to that appointment, Mr. Kaye held various senior financial and risk reporting positions at ING U.S. and ING Group. Prior to that, Mr. Kaye worked in the investment banking division of Credit Suisse First Boston.

Felicia F. Norwood Executive Vice President and Chief Health Benefits Officer
Age 66 · Total comp. $7,073,965.00 · As of 26 Mar 2026

Ms. Norwood has been serving as our Executive Vice President and President of our Government Health Benefits since June 2018. Prior to joining us, she was Director of The Department of Healthcare and Family Services for the State of Illinois from 2015 to June 2018. Prior to that appointment, Ms. Norwood held various leadership roles at Aetna, with her most recent role as President of the Mid-America Region for Aetna from 2010 until 2013.

Charles Morgan Kendrick, Jr Executive Vice President and President, Commercial and Specialty Health Benefits
Age 60 · Total comp. $6,661,911.00 · As of 5 Feb 2026

Mr. Kendrick has been serving as our Executive Vice President and President of our Commercial Health Benefits since October 2021. From January 2021 until October 2021, Mr. Kendrick served as President of our Commercial Business West Markets (California, Colorado, Indiana, Kentucky, Missouri, Nevada, Ohio and Wisconsin). Mr. Kendrick has been with the Company since 1995, and has held various leadership roles across the organization, including serving as President, Anthem National Accounts/Central Markets from 2015 until January 2021 and President of National Accounts and General Manager for Anthem Blue Cross and Blue Shield of Georgia from 2010 until 2015.

Ramiro G. Peru Chairman of the Board
Age 70 · Total comp. $553,319.00 · As of 26 Mar 2026

Ramiro G. Peru, Director Since: 2004. Professional and Other Experience: Swift Corporation, a transportation company, Executive Vice President and CFO (June-December 2007); Phelps Dodge Corporation (Phelps Dodge), a mining and manufacturing company, various finance and accounting positions with Phelps Dodge and its affiliates (1979-2007) including Executive Vice President and CFO (1999-2007); UNS Energy Corporation (UNS Energy), an electric and gas utility holding company and a subsidiary of Fortis Inc., a utility holding company, Director (since 2007); Bluemedia, Inc., a large format printer, Director (2018-2023). Other Public Board Service: SM Energy Company, an oil and gas exploration and production company, Director (since 2014); UNS Energy (publicly traded until August 2014), Director (2007-2014) and WellPoint Health Networks, Inc., Director (2003-2004). Education: B.S., University of Arizona.

Ryan M. Schneider Independent Director
Age 56 · Total comp. $398,621.00 · As of 26 Mar 2026
Dr. Bahija Jallal, PhD Independent Director
Age 64 · Total comp. $398,621.00 · As of 26 Mar 2026

Bahija Jallal, Director Since: 2018. Professional and Other Experience: Immunocore Limited, a T-cell receptor biotechnology company, CEO (since 2019). AstraZeneca PLC (AstraZeneca), a pharmaceutical and biopharmaceutical business, Executive Vice President (2013-2019). MedImmune, a biotechnology business and a subsidiary of AstraZeneca, President (2013-2019), Executive Vice President, Research and Development (2010-2013) and various other research and development positions (2006-2010). Other Public Board Service: Immunocore Limited, Director (since 2019). ArriVent BioPharma, Inc., a clinical-stage biopharmaceutical company (publicly traded beginning January 2024), Director (2022-2024). Guardant Health, Inc., a precision oncology company, Director (2019-June 2022). Education M.S. and Ph.D., I'Universite' De Paris VI; Fellow, Max Planck Institute of Biochemistry.

Antonio Fabio Neri Independent Director
Age 58 · Total comp. $387,494.00 · As of 26 Mar 2026

Antonio F. Neri, Director Since: 2017. Professional and Other Experience: Hewlett Packard Enterprise Company (Hewlett Packard Enterprise), a technology company, President and CEO (since 2018), President (2017-2018) and Executive Vice President and General Manager, Enterprise Group (2015-2017); HP Inc., a technology company, various positions (1995-2015), including Senior Vice President and General Manager, Enterprise Group (2014-2015), Senior Vice President and General Manager, HP Networking Business Units (2014), Senior Vice President and General Manager, HP Servers (2013-2014) and Senior Vice President and General Manager, HP Technology Services (2011-2013). Other Public Board Service: Hewlett Packard Enterprise, Director (since 2018) and H3C Technologies Co., LTD, an information technology company, Director (2016-2017). Education: Bachillerato en Electronica, Escuela Nacional de Educacion Tecnica.

Susan Dodson DeVore Independent Director
Age 67 · Total comp. $378,873.00 · As of 26 Mar 2026
Robert L. Dixon, Jr Independent Director
Age 70 · Total comp. $368,621.00 · As of 26 Mar 2026
Lewis Hay, III Independent Director
Age 70 · Total comp. $360,000.00 · As of 26 Mar 2026

Lewis Hay, III, Director Since: 2013. Professional and Other Experience: Clayton, Dubilier & Rice, LLC, a private equity investment firm, operating advisor (since 2014); NextEra Energy, Inc. (NextEra Energy), an electricity-related services and renewable energy generator company, Executive Chairman (2012-2013), CEO (2001-2012), Chairman (2002-2012) and President (2001-2006); Artera Services, LLC, a provider of integrated infrastructure services to natural gas and electric industries, Director (since 2018, including for its predecessor company, PowerTeam Services, LLC). Other Public Board Service: L3Harris Technologies, Inc., a global aerospace and defense technology firm, Director (since 2019 and 2002-2019 for its predecessor company, Harris Corporation); Capital One Financial Corporation, a financial services company, Director (2003-2019) and NextEra Energy, Director (2001-2013). Education: M.S., Carnegie Mellon University; B.S., Lehigh University.

Deanna D. Strable-Soethout Independent Director
Age 57 · Total comp. $360,000.00 · As of 26 Mar 2026
Steven H. Collis Independent Director
Age 64 · Total comp. $237,655.00 · As of 26 Mar 2026
Amy W. Schulman Independent Director
Age 65 · As of 26 Mar 2026
Ryan R. Craig Executive Vice President and Chief Human Resources Officer
Age 46 · As of 5 Feb 2026

Mr. Craig has been serving as our Executive Vice President and Chief Human Resources Officer since August 2025. From January 2025 until August 2025, he served as our Chief Talent Officer & Interim Chief Human Resources Officer, and as our Chief Talent & Diversity Officer from October 2024 until January 2025. Prior to that, he served as our Chief Talent Officer from January 2024 until October 2024. Prior to joining us, he served as Head of People at Ralph Lauren Corporation (lifestyle products company) from May 2022 until January 2024, and Chief Talent Officer at UHGI from May 2018 until May 2022. Prior to joining UHGI, Mr. Craig served as Global Senior Director at Apple, Inc. (technology company) from 2011 to 2018, as well as Director of Human Resources and Director of Learning & Development/Talent Acquisition at The Ritz Carlton Hotel Company, LLC (hotel chain) from 2008 to 2011 and from 1999 to 2007, respectively.

Erin M. Wessling Executive Vice President and Chief Legal Officer
Age 48 · As of 5 Feb 2026

Ms. Wessling has been serving as our Executive Vice President and Chief Legal Officer since August 2025. From January 2025 until August 2025, Ms. Wessling served as our General Counsel and Interim Chief Legal Officer, and as our General Counsel from August 2024 until January 2025. Prior to joining us, she held various leadership roles at The Cigna Group (diversified healthcare company) from November 2021 until July 2024, with her most recent role as Senior Vice President, Chief Counsel. Prior to that, she held various leadership roles at HCSC from 2018 until 2021, with her most recent role as Vice President, Legal. Before joining HCSC, Ms. Wessling served as Principal Legal Counsel at Medtronic plc (Medtronic) (healthcare technology company) from 2016 until 2018. Prior to Medtronic, she was an attorney at UHGI from 2008 until 2016.

Ratnakar V. Lavu Executive Vice President and Chief Digital and Information Officer
Age 55 · As of 5 Feb 2026

Mr. Lavu has been serving as our Executive Vice President and Chief Digital and Information Officer since February 2024. Prior to joining us, he served as Global Chief Digital Information Officer of Nike, Inc. (Nike) (retailer) from July 2019 to February 2023. Prior to Nike, he served as Chief Technology Officer/CIO of Kohl's Corporation (Kohls) (retailer) from March 2016 to June 2019, and he held various other roles at Kohl's beginning in 2011, including Executive Vice President, Digital Technology, and Senior Vice President of Digital Innovation. Prior to Kohl's, Mr. Lavu served as Chief Technology Officer at Redbox Automated Retail, LLC (retailer) from October 2009 to October 2011.

Ronald W. Penczek Chief Accounting Officer and Controller
Age 61 · As of 5 Feb 2026

Mr. Penczek has been serving as our Controller since November 2015 and as our Chief Accounting Officer since December 2015. He served as our Vice President and Corporate Controller from 2013 to 2015. Prior to that appointment, Mr. Penczek served as Vice President and Assistant Controller from 2008 to 2012 and in various other roles in our finance department from 2005 until 2008. Before joining us in 2005, Mr. Penczek was a Staff Vice President with CNA Insurance from 2000 to 2005 and held various positions at PricewaterhouseCoopers LLP from 1992 to 2000, including as a Manager.

From SEC filings, via Futu. Compensation is total reported pay for the most recent fiscal year on file, not base salary alone.

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