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Printed from the Charlotte Observer - www.CharlotteObserver.com
Posted: Saturday, Apr. 21, 2012

Million-dollar hospital executives in North Carolina

Published in: Prognosis: Profits
  • Prognosis: Profits

    A five-part series examining how N.C. hospitals profit at the expense of patients.

    Sunday: Nonprofits very profitable

    Monday: Charity care lacking

    Tuesday: Suing the needy

    Wednesday: Staying strong in Raleigh

    Thursday: Policies that could help


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    Twenty-five N.C. nonprofit hospital executives made total compensation exceeding $1 million in 2010 or 2011. Most worked for Novant Health or Carolinas HealthCare System.

    Executive raises have been generous. So have retirement packages. In 2009, Pitt County Memorial Hospital, in Greenville, N.C., reported total compensation of $8.7 million to former CEO David McRae, including a $7.7 million payout to a retirement trust.

    When former Gaston Memorial CEO Wayne Shovelin retired in 2009, he received a retirement payment of $5.9 million - a combination of deferred compensation and contributions from the hospital's parent company.

    Carolinas HealthCare System

    Source: Carolinas HealthCare System. Compensation figures are for calendar year 2011.

    Michael Tarwater
    CEO, Carolinas HealthCare System

    Total 2011 compensation:
    $4,236,305

    Percentage increase over prior year:
    14.10%


    Joseph Piemont
    President/Chief Operating Officer,
    Carolinas HealthCare System

    Total 2011 compensation:
    $2,536,792

    Percentage increase over prior year:
    19.70%


    Greg Gombar
    CFO, Carolinas HealthCare System

    Total 2011 compensation:
    $1,751,798

    Percentage increase over prior year:
    8.90%


    Laurence Hinsdale
    Executive Vice President, Carolinas HealthCare System

    Total 2011 compensation:
    $1,693,314

    Percentage increase over prior year:
    44.10%


    Paul Franz
    Executive Vice President, Carolinas HealthCare System

    Total 2011 compensation:
    $1,575,927

    Percentage increase over prior year:
    -1.30%


    Dennis Phillips
    Executive Vice President, Carolinas HealthCare System

    Total 2011 compensation:
    $1,351,138

    Percentage increase over prior year:
    12.20%


    John Knox
    Chief Administrative Officer, Carolinas HealthCare System

    Total 2011 compensation:
    $1,197,528

    Percentage increase over prior year:
    11.80%


    Roger Ray
    Chief Medical Officer, Carolinas HealthCare System

    Total 2011 compensation:
    $1,080,159

    Percentage increase over prior year:
    No data for prior year


    Russ Guerin
    Executive Vice President, Carolinas HealthCare System

    Total 2011 compensation:
    $1,060,931

    Percentage increase over prior year:
    3.00%


    Other hospitals and systems

    Source: IRS returns filed by the hospitals. The returns are for calendar and fiscal year 2010, the latest available.

    Victor Dzau
    CEO/President, Duke University Health System, Durham

    Total 2010 compensation:
    $2,229,145

    Percentage increase over prior year:
    1.3%


    Paul Wiles
    President/CEO, Novant Health, Winston-Salem
    (Now retired)

    Total 2010 compensation:
    $2,215,773

    Percentage increase over prior year:
    18.2%


    Carl Armato
    Senior executive vice president (now CEO), Novant Health, Winston-Salem

    Total 2010 compensation:
    $2,133,626

    Percentage increase over prior year:
    10.3%


    Greg Beier
    President of Operations, Novant Health, Winston-Salem

    Total 2010 compensation:
    $2,108,839

    Percentage increase over prior year:
    11.4%


    Wayne Shovelin
    CEO, Gaston Memorial Hospital, Gastonia
    (Now retired)

    Total 2010 compensation:
    $1,762,418

    Percentage increase over prior year:
    41.7%


    Charles Frock
    President/CEO, First Health of the Carolinas, Pinehurst

    Total 2010 compensation:
    $1,731,327

    Percentage increase over prior year:
    -0.4%


    John McConnell
    CEO, Wake Forest Baptist Medical Center, Winston-Salem

    Total 2010 compensation:
    $1,681,680

    Percentage increase over prior year:
    No data available


    Sallye Ann Liner
    Chief Clinical Officer, Novant Health, Winston-Salem

    Total 2010 compensation:
    $1,641,893

    Percentage increase over prior year:
    33.7%


    Jacqueline Daniels
    Chief Administrative Officer, Novant Health, Winston-Salem

    Total 2010 compensation:
    $1,580,012

    Percentage increase over prior year:
    11.7%


    Stephen Wallenhaupt
    Chief Medical Officer, Novant Health, Charlotte

    Total 2010 compensation:
    $1,577,360

    Percentage increase over prior year:
    20.9%


    David McRae
    CEO, Pitt County Memorial Hospital, Greenville
    Now retired

    Total 2010 compensation:
    $1,534,183

    Percentage increase over prior year:
    NA


    Fred Hargett
    CEO, Novant Health, Winston-Salem

    Total 2010 compensation:
    $1,405,451

    Percentage increase over prior year:
    54.8%


    Arthur Patefield
    Senior VP, Novant Health, Winston-Salem

    Total 2010 compensation:
    $1,225,106

    Percentage increase over prior year:
    0.7%


    Lawrence McGee
    General Counsel / SEC, Novant Health, Winston-Salem

    Total 2010 compensation:
    $1,189,576

    Percentage increase over prior year:
    0.1%


    Tony Johnson
    Senior Vice President, Novant Health, Winston-Salem

    Total 2010 compensation:
    $1,105,271

    Percentage increase over prior year:
    69.6%


    William Fulkerson
    Executive vice president, Duke University Health System, Durham

    Total 2010 compensation:
    $1,020,658

    Percentage increase over prior year:
    10.1%

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