The compensation committee of the hospital’s board of directors voted to forego raises for all executives in fiscal year 2010-11. Last year, executives received an average raise of 4.7 percent.
As of May, employee wages were $6.7 million over budget and the hospital had $8.7 million in services provided but not paid for.
Ken Graham, president and CEO, makes an annual salary of $632,640. Chief medical officer Eric Pifer, MD, earns $431,250; Cal James, chief of strategy and business development, earns $329,600; chief information officer Greg Walton earns $294,320.
Read the Mercury News report on El Camino Hospital.
Read more on compensation:
–Study: Specialty Compensation Rises in 2009
–California’s CEOs Average More Than 700K in Total Salary
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