Hub hospitals paid CEOs well, but not as much, in ’09
Globe Staff / August 16, 2011
Top executives at Boston’s nonprofit teaching hospitals drew seven-figure pay packages in 2009, though their compensation was flat or lower in many cases than the previous year’s, according to documents filed yesterday with the state attorney general’s office.
Several of the hospital leaders with the highest compensation in 2009 – the most recent year for which pay figures have been reported – have since left their organizations.
At Partners HealthCare System Inc., the holding company for Harvard-affiliated Massachusetts General and Brigham and Women’s hospitals, then-chief executive James J. Mongan earned a total of $2.1 million, including salary, bonus, and other compensation. Mongan received $3.6 million in 2008, when his pay included a deferred retention payment of $927,035 and a $1.1 million incentive payment made when he agreed to extend his tenure.
Mongan retired from Partners at the end of 2009 and died of cancer in May.
Current Partners chief executive, Gary L. Gottlieb, earned $1.6 million in 2009 as president of Brigham and Women’s, the same amount he got in 2008. Peter L. Slavin, president of Mass. General, earned $1.4 million in 2009, also the same as the year before.
Elaine S. Ullian, former chief executive of Boston Medical Center, a Boston University teaching hospital, drew total compensation of $1.8 million in 2009. That was less than the $4.8 million Ullian collected the prior year, when she was granted $3.5 million in deferred compensation as a retention payment. She retired at the beginning of last year.
Tufts Medical Center paid its chief executive, Ellen M. Zane, about $1.2 million in 2009, equal to her 2008 compensation. Zane is scheduled to retire from the downtown hospital, an affiliate of neighboring Tufts Medical School, at the end of next month.
Beth Israel Deaconess Medical Center, another Harvard teaching hospital, paid $942,246 to then-chief executive Paul F. Levy in 2009, down from $1.3 million in 2008. Levy stepped down at the start of this year, with the Beth Israel board voting to award him as much as $1.6 million in severance. The sum will be reduced if he takes another job.
Nonprofit hospitals, which previously had posted executive compensation under their fiscal year calendars, last year were required to switch to calendar years because of changes in federal reporting requirements. That resulted in a time lag between when compensation was paid and when it was reported. The state attorney general’s office is working on a new reporting schedule that would require more timely reporting in the future.
Robert Weisman can be reached at weisman@globe.com.
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