How much of a pay raise did LabCorp's David King get in 2016?

David King, the chairman and CEO of LabCorp (NYSE: LH), got a 2.1 percent bump in total compensation in 2016, according to a proxy statement submitted to the Securities and Exchange Commission ahead of the company ’s May 11 shareholders meeting. According to the proxy statement, King received $10.85 million in 2016 in total compensation, up about $227,000 from a year earlier when he received nearly $10.63 million. His base salary increased to $1.13 million, up from $1.04 million in 2015. The bulk…
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