El Camino Hospital in Mountain View, Calif., has spent $149,000 in campaign funds on efforts to defeat Measure M, a ballot measure that would cap hospital executive compensation to no more than twice the salary of California's governor, according to a Bay Citizen report.
The ballot initiative has floated around since last year, when Tomi Ryba became CEO of the hospital. Her base salary is $695,000 per year, and she could earn performance bonuses up to 30 percent of that base.
The Service Employees International Union-United Healthcare Workers West gathered thousands of signatures to put the issue on this November's ballot during a labor dispute with the hospital. If hospital district voters approve Measure M, no El Camino Hospital executive could make more than roughly $348,000 per year. (California Gov. Jerry Brown makes roughly $174,000 per year.)
The Bay Citizen acquired campaign finance filings, and it showed El Camino Hospital is by far the biggest contributor to defeat the measure. The committee to beat Measure M has received roughly $200,000 thus far, and the hospital's contributions represent roughly three-fourths of that total, according to the report.
In total, Ms. Ryba and at least nine other hospital executives would see lower compensation totals if the measure passes.
The ballot initiative has floated around since last year, when Tomi Ryba became CEO of the hospital. Her base salary is $695,000 per year, and she could earn performance bonuses up to 30 percent of that base.
The Service Employees International Union-United Healthcare Workers West gathered thousands of signatures to put the issue on this November's ballot during a labor dispute with the hospital. If hospital district voters approve Measure M, no El Camino Hospital executive could make more than roughly $348,000 per year. (California Gov. Jerry Brown makes roughly $174,000 per year.)
The Bay Citizen acquired campaign finance filings, and it showed El Camino Hospital is by far the biggest contributor to defeat the measure. The committee to beat Measure M has received roughly $200,000 thus far, and the hospital's contributions represent roughly three-fourths of that total, according to the report.
In total, Ms. Ryba and at least nine other hospital executives would see lower compensation totals if the measure passes.
More Articles on El Camino Hospital Executive Pay:
El Camino Hospital Executive Salary Cap Proposal to Appear on November Ballot
SEIU Submits Signatures to Limit El Camino Hospital Executive Salaries
El Camino Hospital: Our Executive Compensation is "Reasonable"