While we have no idea what kind of pay package will be offered to incoming Freeman Health president/CEO Tom Keller, it's almost certain he will be making more than the current holder of that position Paula Baker.
That is not any reflection on Baker's job performance, that's just the way things are done.
People who are hired to be the number one person in almost any business or institution will receive more money than their predecessors.
If that's the case, it seems almost certain Keller, who is currently president and CEO of Ozarks Healthcare in West Plains will receive a compensation package of more than $2 million.
Freeman Health's Form 990 for the year 2022, filed with the Internal Revenue Service indicates Baker received total compensation of $1,810,362.
Baker's base pay as Freeman's head honcho was $998,822. She received an additional $249,706 pay for her work with Freeman's related organizations. Another section of the form shows Baker worked an average 54 hours a week for Freeman Health and 13 and a half hours per week for the related organizations.
Baker received a $399,642 bonus for her work at Freeman and a $99,910 bonus for the related organizations.
Among Baker's other compensation:
-$21,509 in "other compensation" from Freeman with $5,377 in "other compensation" from related organizations
-$6,960 in retirement and deferred compensation from Freeman with $1,740 from related organizations
-$21,357 in non-taxable benefits from Freeman with $5,339 from related organizations
3 comments:
This seems like good work if you can get it.
Do you have to know someone?
Yes. CEO is head honcho. All the other Freeman admin jobs like CMO CFO etc pay 25% or less than that. All the other Freeman admin losers are sitting unchanged with an intelligent CEO coming in.
Great news that Freeman Board did not fall for the inbred promotion logic.
The employees continue to mock current low-IQ admin. New hope with Tom.
Betcha her final year will be pushing 3M when they include severance, retirement bonuses, etc etc etc. she’s probably made $25M total as CEO at freeman.
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