At $6.5 million, Romoff tops UPMC compensation list
May 16, 2014 11:05 AM
File photo: Pam Panchak/Post-Gazette
Jeffrey Romoff, president and CEO of UPMC.
By Steve Twedt / Pittsburgh Post-Gazette
Newly-released tax documents show UPMC compensated 30 employees at least $1 million in the fiscal year ending June 30, including seven who were paid more than $2 million.
Heading the list was UPMC president and CEO Jeffrey Romoff, whose total compensation for the year was $6.55 million, up from $6.01 million a year earlier. If UPMC were a public company, that compensation package would rank 15th highest among executives in this region.
Others at UPMC earning above $2 million were outgoing executive vice president Elizabeth Concordia ($2.64 million), Diane Holder, president and CEO of UPMC Health Plan ($2.12 million), and physicians Ghassan Bejjani ($2.54 million), Victor Morrell ($2.21 million), James Luketich ($2.65 million) and David Farner ($2.10 million).
The disclosure is part of a filing by tax-exempt entities that is required by the Internal Revenue Service.
UPMC actually made two filings, one for UPMC Group, which is the collection of 12 UPMC hospitals and 24 other subsidiaries and which employs 55,304 workers. The other filing is for the UPMC parent organization, which has no employees.
The separate designations came into play last year when the city of Pittsburgh challenged UPMC’s tax exempt status and demanded that the health system pay payroll taxes. UPMC officials countered that the suit names the parent organization, which has no employees.
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