WBUR, December 20, 2013
Compensation for CEOs of the top 25 nonprofits in the state, including hospitals and health plans, ranged from more than $487,000 to approximately $8.8 million, according to a new report released today by Attorney General Martha Coakley. "Massachusetts is unique," Coakley says, "in that many of our largest employers are non-for-profit institutions." These hospitals, health plans (and universities included in Coakley's report) "must compete with national for-profit companies for CEO talent while staying true to their charitable mission." So do these CEO salaries achieve that balance?