Minnesota Hospital CEO Defers Bonus, Raise Due to Lagging Finances

As District One Hospital in Faribault, Minn., grapples with millions in lost revenue, hospital CEO Stephen Pribyl said he will defer his performance bonus and 2 percent salary raise, according to a Faribault Daily News report.

Mr. Pribyl's bonus would have totaled $8,600 and was based on specific goals and performance measures, according to the report. Hospital officials did not state how much Mr. Pribyl's current salary is.

More Articles on Hospital CEO Raises:

Lee Memorial Health System CEO Nabs 8% Raise
CEO of Johnston Health in N.C. Gets First Raise Since 2009
Cape Fear Valley in North Carolina Awards CEO Salary Raise, Bonus

Copyright © 2022 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars