Concerns over hospital executive pay arose again recently when Reynold J. Jennings, WellStar Health System’s new CEO, received a contract with a base salary of $975,000. But that paycheck doesn’t even rank among the top 10 at non-profit hospitals in Georgia. Published reports show 14 other hospital CEOs earning seven-figure compensation.
The head of the Georgia Lottery made about a half-million dollars last year, but you wouldn’t know it if you checked salary data on the state auditor’s website. Open.Georgia.gov shows Margaret DeFrancisco was paid $353,500 in salary in FY2010. What it doesn’t tell you is that the lottery paid her a bonus of $143,276 last year. What’s up with that?
Dr. John Seffrin, CEO of the American Cancer Society since 1992, earned $1 million-plus last year thanks to a hefty deferred pay package, tax records show. The Atlanta-based non-profit, which eliminated 140 positions this year, paid Seffrin a base salary of $685,884 for the year ending Aug. 31, 2008. It also kicked in about $360,000 more toward his benefits and deferred compensation.