Washington Hospital CEO Nancy Farber Underpaid, Consultant Says

A consultant with Integrated Healthcare Strategies recently told the board of Washington Hospital Healthcare System in Fremont, Calif., that CEO Nancy Farber is making less than her peers, according to a Fremont Argus report.

Advertisement

In 2011, Ms. Farber’s salary and cash compensation totaled more than $936,000, making her the second-highest paid government employee in California, since her hospital is public-owned. Including deferred compensation and retirement, she made more than $1.15 million.

The consultant said her pay is roughly $119,000 shy of the 65th percentile, which the hospital district reportedly uses to pay its CEO, according to the report. In February, Ms. Farber received $162,000 in incentives and bonuses after the hospital cut roughly 200 jobs, most of which were vacant.

More Articles on Hospital CEO Compensation:
Interim HMA Chief John Starcher Jr. Earns $800k Salary, Signing Bonus
Vanguard CEO Charles Martin Jr.’s Compensation Falls to $4.9M in 2013
New Maricopa Health System CEO Could Earn $650k

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Compensation Issues

Advertisement

Comments are closed.