CEOs for Franklin, Tenn.-based Community Health Systems were paid between 79 and 161 times more than the median annual salary for an employee at the health system between 2020 and 2024, according to proxy statements filed with the Securities and Exchange Commission.
To identify the median compensated employee, the health system uses base salary as its consistently applied compensation measure.
Wayne Smith served in 2020 and Tim Hingtgen has served as CEO since 2021.
Here is how the CEO-to-worker median pay ratio has changed the past five years:
2020
- Total CEO compensation: $9,078,027
- Median employee compensation: $56,231
- Ratio: 161 to 1
2021
- Total CEO compensation: $9,548,697
- Median employee compensation: $60,868
- Ratio: 157 to 1
2022
- Total CEO compensation: $6,325,212
- Median employee compensation: $65,072
- Ratio: 97 to 1
2023
- Total CEO compensation: $8,370,893
- Median employee compensation: $87,176
- Ratio: 96 to 1
2024
- Total CEO compensation: $7,629,625
- Median employee compensation: $97,456
- Ratio: 79 to 1
