Last updated: 19 August 2024 at 6:27pm EST

Adam Schechter Net Worth




The estimated Net Worth of Adam H Schechter is at least $60.2 Million dollars as of 27 March 2024. Mr. Schechter owns over 72,435 units of Labcorp stock worth over $27,379,896 and over the last 14 years he sold LH stock worth over $27,939,072. In addition, he makes $4,902,600 as President, Chief Executive Officer, and Director at Labcorp.

Mr. Schechter LH stock SEC Form 4 insiders trading

Adam has made over 38 trades of the Labcorp stock since 2010, according to the Form 4 filled with the SEC. Most recently he exercised 72,435 units of LH stock worth $15,811,836 on 27 March 2024.

The largest trade he's ever made was exercising 277,879 units of Labcorp stock on 1 November 2018 worth over $10,917,866. On average, Adam trades about 14,984 units every 59 days since 2010. As of 27 March 2024 he still owns at least 125,429 units of Labcorp stock.

You can see the complete history of Mr. Schechter stock trades at the bottom of the page.





Adam Schechter biography

Adam H. Schechter serves as President, Chief Executive Officer, Director of the Company. Adam H. Schechter has served as a director of the Company since April 1, 2013 and as the President and Chief Executive Officer of the Company since November 1, 2019. Prior to that, Mr. Schechter was an Executive Vice President of Merck & Co., Inc. from 2010 to 2018, where he was a member of Merck’s executive committee and pharmaceutical and vaccines operating committee. He served as special advisor to the CEO of Merck from January 2019 to July 2019. He previously served as President of Merck’s Global Human Health Division, which includes the company’s worldwide pharmaceutical and vaccine businesses from 2010 to 2018. Prior to becoming President, Global Human Health, Mr. Schechter served as President, Global Pharmaceutical Business from 2007 to 2010. Mr. Schechter’s extensive experience at Merck included global and U.S.-focused leadership roles spanning sales, marketing, and managed markets, as well as business and product development. He is a Board Member for Water.org and an executive board member for the National Alliance for Hispanic Health.

What is the salary of Adam Schechter?

As the President, Chief Executive Officer, and Director of Labcorp, the total compensation of Adam Schechter at Labcorp is $4,902,600. There are 1 executives at Labcorp getting paid more, with Glenn Eisenberg having the highest compensation of $8,822,760.



How old is Adam Schechter?

Adam Schechter is 55, he's been the President, Chief Executive Officer, and Director of Labcorp since 2019. There are 18 older and 7 younger executives at Labcorp. The oldest executive at Labcorp Holdings Inc. is Jean-Luc Belingard, 71, who is the Independent Director.

What's Adam Schechter's mailing address?

Adam's mailing address filed with the SEC is 531, South Spring Street, Burlington, Alamance County, North Carolina, 27215, United States.

Insiders trading at Labcorp

Over the last 19 years, insiders at Labcorp have traded over $236,972,149 worth of Labcorp stock and bought 10,666 units worth $1,520,331 . The most active insiders traders include Mahon Thomas P Mac, Garheng Kong, and David P King. On average, Labcorp executives and independent directors trade stock every 11 days with the average trade being worth of $2,652,442. The most recent stock trade was executed by Der Vaart Sandra D Van on 19 August 2024, trading 2,000 units of LH stock currently worth $454,100.



What does Labcorp do?

recognized for our innovation, quality, and customer convenience, labcorp delivers timely, accurate results for improved patient care. with scientific expertise in esoteric testing, genomics, and clinical and anatomic pathology, labcorp performs more than one million tests on approximately 400,000 samples each day. labcorp is a pioneer in applying advances in medicine and science to laboratory testing, with more than 35 years of experience in serving physicians and their patients. labcorp operates a sophisticated laboratory network, with corporate headquarters in burlington, nc, and more than 34,000 employees worldwide. our more than 220,000 clients include physician offices, hospitals, managed care organizations, and biotechnology and pharmaceutical companies. laboratory corporation of america holdings is listed on the new york stock exchange (nyse) under ticker symbol lh.



What does Labcorp's logo look like?

Labcorp Holdings Inc. logo

Complete history of Mr. Schechter stock trades at DaVita Inc, Labcorp, and Merck & Co Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
27 Mar 2024 Adam H Schechter
President and CEO
Option 72,435 $216.57 $15,687,248
27 Mar 2024
125,429
11 Feb 2024 Adam H Schechter
President and CEO
Option 2,964 $222.59 $659,757
11 Feb 2024
54,225
6 Feb 2024 Adam H Schechter
President and CEO
Option 3,250 $222.28 $722,410
6 Feb 2024
52,410
2 Feb 2024 Adam H Schechter
President and CEO
Option 3,094 $221.54 $685,445
2 Feb 2024
49,982
11 Feb 2023 Adam H Schechter
President and CEO
Option 2,656 $245.89 $653,084
11 Feb 2023
24,351
4 Feb 2023 Adam H Schechter
President and CEO
Option 3,507 $249.34 $874,435
4 Feb 2023
23,063
2 Feb 2023 Adam H Schechter
President and CEO
Option 2,773 $254.99 $707,087
2 Feb 2023
20,361
1 Nov 2022 Adam H Schechter
President and CEO
Option 2,007 $222.56 $446,678
1 Nov 2022
18,481
4 Feb 2022 Adam H Schechter
President and CEO
Option 3,507 $277.48 $973,122
4 Feb 2022
17,886
2 Feb 2022 Adam H Schechter
President and CEO
Option 2,773 $273.18 $757,528
2 Feb 2022
15,182
1 Nov 2021 Adam H Schechter
President and CEO
Option 2,007 $288.78 $579,581
1 Nov 2021
13,295
4 Feb 2021 Adam H Schechter
President and CEO
Option 3,506 $223.78 $784,573
4 Feb 2021
12,316
2 Nov 2020 Adam H Schechter
President and CEO
Option 2,006 $207.23 $415,703
2 Nov 2020
9,695
12 Feb 2020 Adam H Schechter
President and CEO
Option 1,227 $187.51 $230,075
12 Feb 2020
7,689
9 Feb 2017 Adam H Schechter
President and CEO
Option 1,560 $133.83 $208,775
9 Feb 2017
6,034
8 May 2014 Adam H Schechter
President and CEO
Option 1,593 $98.96 $157,643
8 May 2014
1,734
1 Nov 2018 Adam H Schechter
EVP and Pres-Global Human Health
Option 277,879 $39.29 $10,917,866
1 Nov 2018
277,879
17 Sep 2018 Adam H Schechter
EVP and Pres-Global Human Health
Sale 107,360 $70.18 $7,534,525
17 Sep 2018
55,405
18 Jun 2018 Adam H Schechter
EVP and Pres-Global Human Health
Sale 134,094 $61.00 $8,179,734
18 Jun 2018
62,765
16 Jan 2018 Adam H Schechter
EVP and Pres-Global Human Health
Sale 101,602 $61.63 $6,261,731
16 Jan 2018
62,765
3 Apr 2017 Adam H Schechter
EVP and Pres-Global Human Health
Sale 53,850 $63.48 $3,418,398
3 Apr 2017
116,335
3 Feb 2017 Adam H Schechter
EVP and Pres-Global Human Health
Option 36,335 $34.35 $1,248,107
3 Feb 2017
36,335
1 Sep 2016 Adam H Schechter
EVP and Pres-Global Human Health
Option 39,200 $33.49 $1,312,808
1 Sep 2016
39,200
1 Sep 2016 Adam H Schechter
EVP and Pres-Global Human Health
Option 39,200 $33.49 $1,312,808
1 Sep 2016
39,200
1 Jul 2016 Adam H Schechter
EVP and Pres-Global Human Health
Option 50,000 $44.30 $2,215,000
1 Jul 2016
50,000
11 May 2015 Adam H Schechter
EVP and Pres-Global Human Health
Sale 10,634 $60.44 $642,719
11 May 2015
0
1 May 2015 Adam H Schechter
EVP and Pres-Global Human Health
Option 19,343 $59.86 $1,157,872
1 May 2015
19,343
15 Jan 2015 Adam H Schechter
EVP and Pres-Global Human Health
Option 74,200 $41.18 $3,055,556
15 Jan 2015
74,200
25 Aug 2014 Adam H Schechter
EVP and Pres-Global Human Health
Sale 22,000 $59.70 $1,313,400
25 Aug 2014
70,794
14 May 2014 Adam H Schechter
EVP and Pres-Global Human Health
Sale 10,527 $55.91 $588,565
14 May 2014
0
4 May 2014 Adam H Schechter
EVP and Pres-Global Human Health
Option 19,147 $58.22 $1,114,738
4 May 2014
19,147
11 Feb 2014 Adam H Schechter
EVP and Pres-Global Human Health
Option 18,000 $47.65 $857,700
11 Feb 2014
18,000
6 May 2013 Adam H Schechter
EVP and Pres-Global Human Health
Option 12,188 $44.98 $548,216
6 May 2013
27,903
19 Feb 2013 Adam H Schechter
EVP and Pres-Global Human Health
Option 10,670 $42.22 $450,487
19 Feb 2013
10,670
5 Nov 2012 Adam H Schechter
EVP and Pres-Global Human Health
Option 71,200 $24.39 $1,736,568
5 Nov 2012
71,200
24 Apr 2012 Adam H Schechter
EVP and Pres-Global Human Health
Option 11,475 $38.27 $439,148
24 Apr 2012
11,569
28 Feb 2011 Adam H Schechter
EVP and Pres-Global Human Health
Option 9,375 $32.57 $305,344
28 Feb 2011
17,197
13 Nov 2010 Adam H Schechter
EVP and Pres-Global Human Health
Option 4,500 $34.71 $156,195
13 Nov 2010
4,500


Labcorp executives and stock owners

Labcorp executives and other stock owners filed with the SEC include: