The original report on Mr. Gruber’s salary, published by The Lund Report in early Oct. 2010, caused a stir in the local and physician community. According to the report, however, Mr. Gruber’s reported 2008 compensation did not reflect his annual salary, which stood at $645,288 in 2007.
When Mr. Gruber’s supplemental retirement plan was discontinued at the end of 2008, the IRS required that savings and accrued interest be paid to the executive as taxable income in a lump sum.
Read the article from The Lund Report on Norman Gruber.
Read more on compensation:
–Study: Hospital Compare Measures May Not Correlate With Hospital Quality
–10 Statistics About How Non-Profit Hospitals Determine Compensation
