Executive Compensation at City of Hope

When some people hear the words “City of Hope” they think of a cancer treatment center in California but there is so much more to the organization than what those words describe.  Specifically, there are four 501 (c) (3)’s: the main organization (City of Hope), the medical center (City of Hope National Medical Center) that provides hospitalization, the foundation (City of Hope Foundation) that provides physician services and the research institute (Beckman Research Institute) that does medical research.

It is important to understand the direct controlling entity of the Medical Center, Foundation, and Research Institute is City of Hope.  Although these organizations are separate organizations with different purposes, they are all located in Duarte, California and are related so it is difficult to analyze one without looking at the others.

When looking at executive compensation, many of the  most highly compensated executives receive compensation from more than one of the City of Hope organizations. Therefore, the list of the most highly compensated individuals from each of the four organizations will be listed followed by a detailed list at the end of the post of those who received compensation from 3 or 4 of the organizations and what the compensation was.

City of Hope – the fundraising arm – employed 180 individuals in 2016 who were compensated $22.7 million which equates to an average compensation of $126,000. However, 56 employees received more than $100,000 in total compensation with the 19 most highly compensated individuals listed below:

• $2,538,546:  Robert W Stone, President and CEO
• $1,829,249:  Steven Rosen, Chief Scientific Officer
• $1,669,215:  Harlan Levine, Chief Exec COH Medical Foundation
• $1,500,740:  William Sargeant, Assistant Secretary, COO
• $1,171,165:  Richard Magnuson, Treasurer/CFO Outgoing
• $1,050,625:  Debra Fields, Chief Risk Officer
• $1,000,231:  Kristin Bertell, Chief Phil Officer/Assistant Secretary
• $  964,424:  Gregory Schetina, General Counsel/Secretary
• $  758,404:  Michael Friedman, Emeritus Cancer Center Director
• $  675,372:  Lisa Stockmon, Chief Marketing and Communications Officer
• $  671,728:  Paul Conocenti, SVP and CIO
• $  637,998:  Alan Levey, SVP, Strategic Planning
• $  579,367:  Wael Fakhry, Former Officer
• $  432,491:  Paul Blodgett, Former Officer
• $  425,256:  Stephanie Neuvirth, Chief HR Officer, Outgoing
• $  396,521:  Jonathan Reuter, VP Facilities and Construction
• $  336,369:  Bonana Fanas, Assistant Treasurer
• $  334,290:  Valerie Bingham, Former Officer
• $  319,637:  Cornelis Vandenberg, Interim CFO, Treasurer

Of the 19 most highly compensated individuals, 13 (68%) are male, while 6 (32%) are female.

The Form 990 also reports the organization paid for first class or charter travel and health or social club dues or initiation fees. To read the additional information regarding these expenses, refer to Schedule J, Part III of the Form 990 (link at the end of the post).

City of Hope National Medical Center – the hospital service provider – employed 3,799 individuals who were compensated $351 million, which equates to an average compensation of $92,000. 1,044 individuals received more than $100,000 in total compensation. The 18 most highly compensated individuals are listed below (note: the names in bold do not appear on the 990 for City of Hope; the others do appear on the list of most highly compensated staff):

• $2,539,546:  Robert W Stone, President and CEO
• $1,829,249:  Steven Rosen, Chief Scientific Officer
• $1,669,215:  Harlan Levine, Chief Exec COH Medical Foundation
• $1,500,739:  William Sargeant, Assistant Secretary, COO
• $1,360,259:  Alexandra Levine, Chief Medical Officer
• $1,171,165:  Richard Magnuson, Treasurer/CFO Outgoing
• $1,050,625:  Debra Fields, Chief Risk Officer
• $  964,424:  Gregory Schetina, General Counsel/Secretary
• $  758,404:  Michael Friedman, Emeritus Cancer Center Director
• $  675,372:  Lisa Stockmon, Chief Marketing and Communications Officer
• $  671,726:  Paul Conocenti, SVP and CIO
• $  579,367:  Wael Fakhry, Former Officer
• $  528,956:  Dale Walter Adams, SVP Operations Outgoing
• $  425,256:  Stephanie Neuvirth, Chief HR Officer, Outgoing
• $  396,521:  Jonathan Reuter, VP Facilities and Construction
• $  336,369:  Bonana Fanas, Assistant Treasurer
• $  334,290:  Valerie Bingham, Former Officer
• $  319,637:   Cornelis Vandenberg, Interim CFO

Of the 18 most highly compensated individuals listed above, 12 are male (67%) while 6 (33%) are female.

The Form 990 also reports the organization paid for first class or charter travel and health or social club dues or initiation fees. To read the additional information regarding these expenses, refer to Schedule J, Part III of the Form 990 (link at the end of the post).

City of Hope Foundation – the provider of physician services – employed 326 individuals who were compensated $26 million, which equates to an average compensation of $81,000.  36 individuals received more than $100,000 in total compensation. The 16 most highly compensated individuals are listed below (note:  the names in bold are unique to the foundation and not on the City of Hope or the City of Hope National Medical Center list of most highly compensated employees).

• $2,539,546:  Robert W Stone, President and CEO
• $1,669,215:  Harlan Levine, Chief Exec COH Medical Foundation
• $1,500,739:  William Sargeant, Assistant Secretary, COO
• $1,360,259:  Alexandra Levine, Board Member Outgoing
• $1,171,165:   Richard Magnuson, Treasurer/CFO Outgoing
• $1,050,625:  Debra Fields, Chief Risk Officer
• $  964,424:  Gregory Schetina, General Counsel/Secretary
• $  675,372:  Lisa Stockmon, Chief Marketing and Communications Officer
• $  671,726:  Paul Conocenti, SVP and CIO
• $  621,077:  Terrence Pyle, VP Finance
• $  579,367:  Wael Fakhry, Former Officer
• $  524,505:  Jodi Burke, VP, Human Resources
• $  425,256:  Stephanie Neuvirth, Chief HR Officer, Outgoing
• $  396,521:  Jonathan Reuter, VP Facilities and Construction
• $  336,369:  Bonana Fanas, Assistant Treasurer
• $  319,637:   Cornelis Vandenberg, Interim CFO

Of the 16 most highly compensated individuals listed above, 10 are male (63%) while 6 are female (37%).

The Form 990 also reports the organization paid for first class or charter travel. To read the additional information regarding these expenses, refer to Schedule J, Part III of the Form 990 (link at the end of the post).

Beckman Research Institute – the research arm – employed 1,042 individuals who were compensated $123 million, which equates to an average compensation of $118,000. 187 individuals received more than $100,000 in total compensation.  The 21 most highly compensated individuals are listed below ((note:  the names in bold are unique to the foundation and not on the City of Hope or the City of Hope National Medical Center list of most highly compensated employees).

• $2,539,546:  Robert W Stone, President and CEO
• $1,937,615:  Harlan Levine, COH Medical Foundation
• $1,829,249:  Steven Rosen, Chief Scientific Officer
• $1,500,739:  William Sargeant, Assistant Secretary, COO
• $1,175,487:  Larry Kwak, Associate Professor
• $1,171,165:   Richard Magnuson, Treasurer/CFO Outgoing
• $1,050,625:  Debra Fields, Chief Risk Officer
• $  964,424:  Gregory Schetina, General Counsel/Secretary
• $  769,523:  David Home, Chairperson, Professor
• $  758,404:  Michael Friedman, Emeritus Cancer Center Director
• $  715,630:  Ashley Baker Lee, SVP Research Ops
• $  675,372:  Lisa Stockmon, Chief Marketing and Communications Officer
• $  670,726:  Paul Conocenti, SVP and CIO
• $ 582,323:  Larry Couture, VP CATD
• $  579,367:  Wael Fakhry, Former Officer
• $  482,080:  Linda Malkas, Board Member, Professor
• $  448,035:  John Rossi, Board Member, Professor
• $  425,256:  Stephanie Neuvirth, Chief HR Officer, Outgoing
• $  396,521:  Jonathan Reuter, VP Facilities and Construction
• $  336,369:  Bonana Fanas, Assistant Treasurer
• $  334,290:  Valerie Bingham, Former Officer
• $  319,637:   Cornelis Vandenberg, Interim CFO

Of the 22 most highly compensated individuals listed above, 15 are male (68%) while 7 are female (32%).

The Form 990 reports the organization paid for first class or charter travel. For a more detailed explanation, go to Schedule J, Part III of the 990 (link at the end of the post).

Seeing the same names with different amounts on each Form 990 can be confusing so below is a list of the most highly compensated individuals and the amount of compensation he/she received from the various City of Hope organizations (note:  If a name above is not below, total compensation was paid from one of the organizations listed above). As illustrated below, most of the highly compensated individuals receive a portion (often 25% from each of the four organizations) from each of the City of Hope organizations.

Robert W Stone

• $  761,864:  City of Hope
• $  761,864:  City of Hope National Medical Center
• $  380,932:  City of Hope Foundation
• $  634,886:  Beckman Research Institute
• $2,539,546:  Total Compensation

Harlan Levine

• $    83,462:  City of Hope
• $  333,844:  City of Hope National Medical Center
• $1,168,451:  City of Hope Foundation
• $  351,862:  Beckman Research Institute
• $1,937,619:  Total Compensation

Steven Rosen

• $  274,387:  City of Hope
• $  512,190:  City of Hope National Medical Center
• $1,042,672: Beckman Research Institute
• $1,829,249:  Total Compensation

William Sargeant

• $  375,185:  City of Hope
• $  375,185:  City of Hope National Medical Center
• $  375,185:  City of Hope Foundation
• $  375,185:  Beckman Research Institute
• $1,500,740:  Total Compensation

Richard Magnuson

• $  292,792:  City of Hope
• $  292,791:  City of Hope National Medical Center
• $  292,791:  City of Hope Foundation
• $  292,791:  Beckman Research Insitute
• $1,171,165:  Total Compensation

Debra Fields

• $  262,656:  City of Hope
• $  262,656:  City of Hope National Medical Center
• $  262,656:  City of Hope Foundation
• $  262,657:  Beckman Research Institute
• $1,050,625:  Total Compensation

Gregory Schetina

• $  241,106:  City of Hope
• $  241,106:  City of Hope National Medical Center
• $  241,106:  City of Hope Foundation
• $  241,106:  Beckman Research Institute
• $  964,424:  Total Compensation

Michael Friedman

• $  606,723:  City of Hope
• $   75,840:  City of Hope National Medical Center
• $   75,841:  Beckman Research Institute
• $  758,404:  Total Compensation

Lisa Stockmon

• $  168,843:  City of Hope
• $  168,843:  City of Hope National Medical Center
• $  168,843:  City of Hope Foundation
• $  168,843:  Beckman Research Institute
• $  675,372:  Total Compensation

Paul Conocenti

• $  167,933:  City of Hope
• $  167,932:  City of Hope National Medical Center
• $  167,931:  City of Hope Foundation
• $  167,930:  Beckman Research Institute
• $  670,726:  Total Compensation

Wael Fakhry

• $    57,935:  City of Hope
• $  393,970:  City of Hope National Medical Center
• $    11,588:  City of Hope Foundation
• $  115,874:  Beckman Research Institute
• $  579,367:  Total Compensation

Stephanie Neuvirth

• $  106,314:  City of Hope
• $  106,314:  City of Hope National Medical Center
• $  106,314:  City of Hope Foundation
• $  106,314:  Beckman Research Institute
• $  425,556:  Total Compensation

Jonathan Reuter

• $     39,651:  City of Hope
• $  158,608:  City of Hope National Medical Center
• $    39,653:  City of Hope Foundation
• $  158,609:  Beckman Research Institute
• $  396,521:  Total Compensation

Bonana Fanas

• $    84,092:  City of Hope
• $    84,092:  City of Hope National Medical Center
• $    84,092:  City of Hope Foundation
• $   84,093:  Beckman Research Institute
• $  336,369:  Total Compensation

Valerie Bingham

• $  117,003:  City of Hope
• $  133,715:  City of Hope National Medical Center
• $   83,572:  Beckman Research Institute
• $  334,290:  Total Compensation

Cornelis Vandenberg

• $   79,910:  City of Hope
• $   79,909:  City of Hope National Medical Center
• $   79,909:  City of Hope Foundation
• $   79,909:  Beckman Research Institute
• $  319,637:  Total Compensation

Summary:

City of Hope consists of four separate organizations although they appear to share many of the most highly compensated employees.  Of the 22 most highly compensated employees, total compensation ranges from a low of $319,637 to a high of $2,539,546.

In terms of gender composition, the 63-68% of the most highly compensated employees were male at all four organizations, while 32%-37% were female. The three most highly compensated individuals at each organization were male. At one organization (City of Hope), the top 5 most highly compensated individuals were male; at another (City of Hope National Medical Center), the 4 most highly compensated individuals were male, and at Beckman Research Institute, the 6 most highly compensated individuals were male.

To read the IRS Form 990 (2016 for the year ending September 30, 2017) for City of Hope, click here.

To read the IRS Form 990 (2016 for the year ending September 30, 2017) for City of Hope National Medical Center, click here.

To read the IRS Form 990 (2016 for the year ending September 30, 2017) for City of Hope Foundation, click here.

To read the IRS Form 990 (2016 for the year ending September 30, 2017) for Beckman Research Institute, click here.