How much compensation is too much compensation?
The American Red Cross is one of the nation's most venerable and largest charitable organizations, founded in 1881, with revenues of $3.5 billion in 2010. That year, Red Cross CEO Gail J. McGovern took home total compensation of $1.04 million. Two executives at Lancaster General Health—CEO and President Tom Beeman and Executive Vice President Jan Bergen—got more. By nonprofit healthcare standards, top LGH officials were paid in line with industry norms. Those norms, say a growing legion of critics, are scandalous.
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