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Executive Pay 2019 Top 10 List: Best shareholder returns

Health care companies had a good year
Posted at 9:34 AM, May 24, 2019
and last updated 2019-05-24 12:29:17-04

Cincinnati health care companies had the right medicine for shareholders in 2018, as three delivered double-digit returns while a fourth outperformed the S&P 500 index.

WCPO used data from S&P Global Market Intelligence to track total shareholder return for each company’s fiscal year. It shows the percentage gained or lost from an investment due to stock price changes and dividends.

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Clinical-trials provider Medpace, medical test kit maker Meridian Bioscience and medical device maker Atricure Inc. all notched solid gains for investors. So did Chemed Corp., which gets about two thirds of its total revenue from Vitas, a hospice provider. The total annual return for the S&P 500 was -4.38% in 2018.

The six best local returns came from CEOs who were arguably a bargain for their employers, generating bigger gains for investors than they received in pay raises. Here’s a look at the top 10:

#10 Charles Drucker
Worldpay Inc.

Total shareholder return: 3.9%
2018 raise: 56.6%
Total compensation: $17,500,309

#9 Steven Johnston
Cincinnati Financial Corp.

Total shareholder return: 6.3%
2018 raise: -30.8%
Total compensation: $3,444,610

#8 John Kenny
Meridian Bioscience Inc.

Total shareholder return: 7.8%
2018 raise: N/A
Total compensation: $1,858,606

#7 Jeff Gennette
Macy’s Inc.

Total shareholder return: 8.1%
2018 raise: 17.8%
Total compensation: $12,675,202

#6 Kevin McNamara
Chemed Corp.

Total shareholder return: 17%
2018 raise: 10.7%
Total compensation: $8,756,338

#5 William Wulfsohn
Ashland Inc.

Total shareholder return: 29.8%
2018 raise: 26.7%
Total compensation: $9,144,029

#4 Joe Raver
Hillenbrand Inc.

Total shareholder return: 37%
2018 raise: 23.4%
Total compensation: $5,330,496

#3 August Troendle
Medpace Holdings Inc.

Total shareholder return:46%
2018 raise: -11.4%
Total compensation: $528,290

#2 Scott Farmer
Cintas Corp.

Total shareholder return: 46.4%
2018 raise: 14.4%
Total compensation: $14.4%

#1 Michael Carrel
Atricure Inc.

Total shareholder return: 67.8%
2018 raise: -8.4%
Total compensation: $3,807,997