Jeffrey Romoff, president and CEO of University of Pittsburgh Medical Center, made $4.3 million in base salary, bonus and other compensation in 2011 — 22 percent less than he made in the previous year, according to a report from the Pittsburgh Tribune-Review.
Although the president and CEO's bonus and salary fell, his total compensation, which includes the value of retirement accounts and other benefits, was $6.1 million. That's a 3 percent increase from the previous year's total of $5.9 million, according to the report.
Mr. Romoff's bonus in 2011 was $2.9 million, down from $3.7 million the year before. His salary of $958,992 also was lower than the $959,210 from the year prior.
UPMC spokesperson Susan Manko said the change in pay is not an indication that the board is dissatisfied with Mr. Romoff's performance, according to the report. Rather, she said a portion of his bonus was deferred.
UPMC is facing a lawsuit filed by the city of Pittsburgh that challenges the system's tax-exempt status. Pittsburgh Mayor Luke Ravenstahl specifically mentioned UPMC executive salaries when he announced the lawsuit in March. In addition to Mr. Romoff, tax returns show 21 UPMC executives were paid more than $1 million in 2011, according to the report.
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Although the president and CEO's bonus and salary fell, his total compensation, which includes the value of retirement accounts and other benefits, was $6.1 million. That's a 3 percent increase from the previous year's total of $5.9 million, according to the report.
Mr. Romoff's bonus in 2011 was $2.9 million, down from $3.7 million the year before. His salary of $958,992 also was lower than the $959,210 from the year prior.
UPMC spokesperson Susan Manko said the change in pay is not an indication that the board is dissatisfied with Mr. Romoff's performance, according to the report. Rather, she said a portion of his bonus was deferred.
UPMC is facing a lawsuit filed by the city of Pittsburgh that challenges the system's tax-exempt status. Pittsburgh Mayor Luke Ravenstahl specifically mentioned UPMC executive salaries when he announced the lawsuit in March. In addition to Mr. Romoff, tax returns show 21 UPMC executives were paid more than $1 million in 2011, according to the report.
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