Executive Vice President and Chief Financial Officer · Elevance Health, Inc. (ELV)

Mark Kaye

A named executive officer of Elevance Health in every fiscal year CompBrief holds from FY2023 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2025

$7,992,077

FY2024: $6,873,144

Compensation figures as of the proxy filed March 27, 2026 (DEF 14A).

Mark Kaye compensation by year

Elevance Health Summary Compensation Table · all 3 fiscal years held
In US dollars, as Elevance Health reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2023FY2024FY2025
Salary$252,692$900,000$938,462
Bonus$0$0$0
Stock awards$10,775,411$4,125,144$4,560,511
Option awards$924,613$1,374,953$1,424,506
Non-equity incentive$351,748$385,560$974,123
Pension and deferred compensation$0$0$0
All other$54,737$87,487$94,475
Total$12,359,201$6,873,144$7,992,077

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Elevance Health, Inc. DEF 14A filed March 27, 2026, accession 0001156039-26-000031, and prior-year filings. Open the filing on EDGAR.

$12.4M
$6.9M
$8.0M
FY23
FY24
FY25
SalaryNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU14,827$5,197,605—
PSU13,437$4,710,340—
Option13,713—$395.50
Option7,089—$499.11
Option2,692—$440.19

Per the Outstanding Equity Awards at Fiscal Year-End table in Elevance Health, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Change-in-control & termination

estimated payments Elevance Health discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Death$0$10,460,412$0$11,434,535
Retirement$0$0$0$0
Change in control and involuntary termination$4,389,000$10,460,412$0$16,012,568
Involuntary termination without cause$4,180,000$6,760,707$0$11,951,832
Voluntary resignation$0$0$0$0
Disability$0$10,460,412$0$11,434,535

Per the Potential Payments Upon Termination or Change in Control table in Elevance Health, Inc.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

Elevance Health’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Gail BoudreauxPresident and Chief Executive Officer$22,582,314
Mark Kaye · this pageExecutive Vice President and Chief Financial Officer$7,992,077
Peter HaytaianExecutive Vice President and President of Carelon and CarelonRx$7,098,488
Felicia NorwoodExecutive Vice President and President of Government Health Benefits$7,073,965
C. Morgan KendrickExecutive Vice President and President of Commercial and Specialty Health Benefits$6,661,911

The full Elevance Health compensation record

free company brief

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Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Elevance Health's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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