People: Cerner Corp (CERN.OQ)

CERN.OQ on NASDAQ Stock Exchange Global Select Market

27 Feb 2015
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Patterson, Neal 

Brief Biography

Mr. Neal L. Patterson is Chairman of the Board, Chief Executive Officer of Cerner Corporation. He is co-founder co-founded with two colleagues in 1979. Today Cerner is the world’s largest independent health information technology company, with over $2.5B in revenues in 2012 and approximately 13,500 associates worldwide. In August 2013, Forbes ranked Cerner seventh on its list of America’s most innovative companies and 13th in the world. Widely respected for his vision and strategic thinking, Patterson has a unique ability to anticipate and articulate how information technology will transform health and care. Starting with a single laboratory information system in 1979, by the mid-1980s, Patterson was investing in creating a suite of fully integrated, clinically focused commercial health care applications. Cerner entered the 1990s with a first-of-its-kind application set built on a common platform with real-time interactive decision support. In the mid 1990s, Patterson presciently invested significant resources to rebuild the platform on client-server technology using a person-centric data model. During his multi-decade tenure, Patterson has led Cerner to invest more than $3 billion in R&D of health IT, and the solutions that Cerner has designed are deployed at more than 2,700 hospitals and used by 45,000 physicians in private practice. As a public company, Cerner has outperformed the broader markets since its inception and today is listed on the S&P 500 and NASDAQ-100 indexes. Patterson has been listed five times as one of Modern Healthcare’s “100 Most Powerful People in Healthcare.” And in 2012, Forbes named Patterson among the top five in their annual list of “America’s Best CEOs." Patterson is co-founder and serves on the executive board of the First Hand Foundation, a non-profit foundation that provides assistance to children with critical health needs. He serves as a Lifetime Director for the 114-year-old American Royal Association celebrating agrarian lifestyles and values, and he gives time to suppor

Basic Compensation

Total Annual Compensation, USD Long-Term Incentive Plans, USD All Other, USD Fiscal Year Total, USD
2,793,500 -- 3,278,660 6,072,160

Options Compensation

  Quantity Market Value
Exercisable 700,000 20,857,600.00
Unexercisable 289,000 4,782,920.00
Exercised 100,000 7,137,250.00
Name Fiscal Year Total

Neal Patterson


Zane Burke


Clifford Illig


Marc Naughton


Michael Nill


Jeffrey Townsend

As Of 27 Dec 2013
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