Haytaian is transitioning away from Carelon and everyone will move under the CFO. What are the group’s thoughts about this departure?
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Well MK did a sh---y job of predicting the Headwinds of the Medicaid Redetermination so I guess we cross our fingers and hope for the best with Carelon. I would say it can’t get worse But we know that isn’t true.
Here’s a big fat bonus for tanking the stock on your way out. You earned every one of those performance shares. 🤦
Elevance Health EVP Peter D. Haytaian reported equity compensation activity in company common stock. On March 3, 2026, 446 shares were withheld at $284.03 per share, and on March 2, 2026, 1,201 shares were withheld at $294.07 per share to cover tax liabilities upon vesting of previously granted restricted stock. Also on March 2, he received a grant of 2,865 performance-based restricted share units as an award, bringing his directly held stake to 27,668 shares after these transactions.
@162 Read the book " When McKinsey Comes to Town". It indicates that while working for the state of Illinois Felicia Norwood paid 63 million to consulting firms (acquired by McKinsey) without legislative oversight and there were hearings regarding this. Norwood then got the job at Elevance (a McKinsey client) where tons more money was paid to McKinsey. The NY Best-selling book's premise, not mine, but did she work harder or simply grease the right palms with taxpayer dollars?
@xq - Why wouldn’t MK report to her? FN is a Yale‑educated professional who has had to work twice as hard to earn her position.
@a2 How many watches does it take to tell you that your time at Elevance is up? Apparently more than 2!!
I am surprised MK agreed or is okay report to FN. I have not been impressed with her. What am I missing?
He was promised the job but didn’t want sign up for 5 more years. Wants to leave little silver and move into his Miami palace. Doesn’t need the money.
@a2 I came for the two watch comment and you didn’t let me down lol! Never forget that…something about twitches made him so unlikable.
@8K Email came out earlier stating Morgan K will be reporting to Norwood. I am not sure why so many are voting in the negative to your question.
@de Oh then they will definitely be rebadged if they move under Rat.
Most of Pete's IT folks would move under Rat remianing under Mark. W8 if you thought Pete was worst.
He always came off as a used car salesman imo. Also arrogant. Glad he’s not next but whoever is will probably su-k.
@a4 This! for years it was said he would be next - I think ELT has been told who will be next, it isn't Pete and he is pi---d
@a1 Yeah, sounds like a forced retirement to me.
Who?
spending more time with aunt fanny
Haytaian is hightailing it out of here lol
I am confused. Does that mean MK now reports to Norwood after they consolidated GBD with Commercial last year (or maybe the year before)?
The company will be better for it - he was a complete fake. No one loved this guy more than he himself did. A total egomaniac...."B" or "C" level executive.
Scary part is FN getting her hands deeper in the cookie jar.
@a4 plus more real estate gobbled up by Norwood.
That crosses his name of the list to become Gail's successor.
@a1 you got that right.
He’s still leaving with 2 watches, so he made out big time while here.
To devote more time to family commitments is usually code for Don’t let the door hit ya where the good Lord split ya, Petey!