Deals
Aetna’s CEO Could Leave With $88 Million in CVS Deal
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Aetna Inc. Chief Executive Officer Mark Bertolini could walk away with at least $88.3 million if he’s terminated after CVS Health Corp. buys the insurer.
Bertolini holds equity awards valued at $71.9 million at the CVS deal’s $207 offer price that would vest immediately if he’s let go within two years of a transaction, according to data compiled by Bloomberg. He’s also entitled to about $6.72 million in severance and had accumulated $9.72 million in deferred compensation and pension as of Dec. 31.