Wednesday, September 29, 2004

Crain's Cleveland BusinessEDITOR'S CHOICE: Sept. 27, 2004

Crain's Cleveland Business: "Cleveland Clinic CEO Floyd Loop, due to step down in October, along with Harold Varmus, the president of the Sloan-Kettering Cancer Center in New York, are the highest-paid executives at nonprofits, according to The Chronicle of Philanthropy, a trade paper covering nonprofits.

According to the story, Dr. Varmus topped the list by earning $1.69 million, and Dr. Loop came in second with a salary of $1.68 million in 2003. The median salary of the 215 chief executives whose organizations provided The Chronicle with information both last year and this year reached $291,356. That means half the executives in the survey earned more than that figure and half earned less."

No comments: