25 Employees of UPMC Receive $435 Million in Compensation
The University of Pittsburgh Medical Center is a tax-exempt, non-profit healthcare provider with more than 100,000 employees that work in 40 hospitals and more than 800 healthcare-related clinics/offices and a 4.5 million member insurance services division (the largest medical insurer in western Pennsylvania).
The organization consists of hundreds of related/affiliated organizations (both non-profit and for-profit). This post addresses the executive compensation of the 25 most highly compensated employees in 2023 at UPMC Group (UPMC), a tax-exempt, non-profit 501 (c) 3 that employs the largest number of employees (77,356) within the system.
Of key importance is the 25 most highly compensated employees received $90 million in compensation in 2023 but received $435 million in compensation from 2016-2023 (note: highly compensated employees in 2016-2022 but not in 2023 are not included; if they were, the numbers would be higher).
77,356 employees received $8 billion in compensation which equates to an average compensation of $103,000. 14,802 employees received more than $100,000 in compensation with the 25 most highly compensated reported to be:
- $17,886,701: Jeffrey A Romoff, UPM Former Pres and CEO (retired in 2021)
- $11,314,762 : Leslie C Davis, President and CEO
- $ 4,903,394: Diane Holder, UPM EVP, Pres UPMC Health Plan*
- $ 4,041,420: Steven D Shapiro, UPM EVP, Chief Med and Sci Officer
- $ 3,862,727: David Farner, UPM EVP and Chief of Staff
- $ 3,755,455: Stanley Marks, UPC Board Chair*
- $ 3,128,554: Fadi Sweiss, Neurosurgeon
- $ 2,841,245: Abhinav Humar, Transplant Surgeon
- $ 2,725,002: W Thomas McGough, UPM EVP and Chief Legal Officer
- $ 2,690,045: Charles Bogosta, UPM EVP and President International *
- $ 2,600,257: Christopher Schmidt, Orthopaedic Surgeon
- $ 2,563,983: Victor Morell, UPP Board Member
- $ 2,512,676: James D Luketich, Board Member and Dept Chair
- $ 2,395,869: Edward T Karlovich, PRY EVP and CFO
- $ 2,389,793: Matthew El-Kadi, PSV Board Member*
- $ 1,990,763: James Bradley, Orthopaedic Surgeon
- $ 1,841,516: Robert DeMichiel, UPM Former EVP and CFO
- $ 1,820,828: Jeanne Cunicelli, UPM EVP and President Enterprises
- $ 1,818,753: Dean Sotereanos, Orthopaedic Surgeon
- $ 1,770,427: Joon Sup Lee, UPP Former Board Member and Dept Chair*
- $ 1,770,038: Mark Sevco, UPM EVP and President HSD
- $ 1,735,447: Philip Pollice, MER Board Member
- $ 1,690,723: Robert M Friedlander, UPP Board Member and Dept Chair
- $ 1,679,666: Timothy Billiar, UPM EVP and Chief Scientific Officer
- $ 1,666,659: Marshall Webster, UPM SVP
The 25 most highly compensated employees received $90 million in compensation in 2023 ($2 million – $18 million each. These 25 employees received $3 – $81 million each or a total of $435 million from 2016-2023:
Jeffrey Romoff: Total Compensation 2016-2023: $81 million
- 2023: $17,886,701
- 2022: $12,880,205
- 2021: $10,387,010
- 2020: $ 9,499,742
- 2019: $ 8,966,061
- 2018: $ 8,541,652
- 2017: $ 6,118,916
- 2016: $ 6,990,839
Abhinav Humar: Total Compensaation 2017-2023: $15 million
- 2023: $ 2,841,245
- 2022: $2,801,611
- 2021: $3,124,244
- 2020: $2,175,575
- 2019: $2,160,282
- 2018: Not Listed
- 2017: $1,621,541
- 2016: Not Listed
Steven D Shapiro: Total Compensation 2016-2023: $25 million
- 2023: $ 4,041,420
- 2022: $ 3,661,851
- 2021: $3,016,958
- 2020: $3,438,302
- 2019: $2,661,577
- 2018: $3,157,283
- 2017: $2,587,343
- 2016: $2,345,692
Diane Holder: Total Compensation 2016-2023: $28 million
- 2023: $ 4,903,394
- 2022: $ 3,981,291
- 2021: $3,115,567
- 2020: $3,351,683
- 2019: $3,233,976
- 2018: $3,521,014
- 2017: $3,678,624
- 2016: $2,389,780
David Farner: Total Compensation 2016-2023: $24 million
- 2023: $ 3,862,727
- 2022: $ 3,666,248
- 2021: $2,801,930
- 2020: $3,325,691
- 2019: $2,262,385
- 2018: $3,342,535
- 2017: $2,645,127
- 2016: $2,098,426
Leslie C Davis: Total Compensation 2016-2023: $28 million
- 2023: $11,314,762
- 2022: $4,211,830
- 2021: $2,371,084
- 2020: $2,871,300
- 2019: $1,846,341
- 2018: $2,207,006
- 2017: $1,800,921
- 2016: $1,573,148
Stanley Marks: Total Compensaton 2016-2023: $24 million
- 2023: $ 3,755,455
- 2022: $3,376,450
- 2021: $3,239,645
- 2020: $2,837,919
- 2019: $2,808,344
- 2018: $2,834,788
- 2017: $2,603,255
- 2016: $2,475,319
W Thomas McGough: Total Compensation 2016-2023: $20 million
- 2023: $ 2,725,002
- 2022: $ 2,812,462
- 2021: $2,735,474
- 2020: $2,759,847
- 2019: $2,168,277
- 2018: $2,217,356
- 2017: $1,973,395
- 2016: $1,863,077
James D Luketich: Total Compensation 2016-2023: $21 million
- 2023: $2,512,676
- 2022: $2,496,848:
- 2021: $2,484,815
- 2020: $2,494,730
- 2019: $2,478,287
- 2018: $2,496,071
- 2017: $2,436,081
- 2016: $2,469,645
Victor Morell: Total Compensation 2016-2023: $19 million
- 2023: $2,563,983
- 2022: $2,979,948
- 2021: $2,508,447
- 2020: $2,484,988
- 2019: $2,181,722
- 2018: $2,141,840
- 2017: $2,040,722
- 2016: $1,985,801
Christopher Schmidt: Total Compensation 2016-2023: $18 million
- 2023: $ 2,600,257
- 2022: $ 2,426,758
- 2021: $2,222,382
- 2020: $2,450,474
- 2019: $2,313,436
- 2018: $2,055,719
- 2017: $1,893,065
- 2016: $1,642,742
Charles Bogosta: Total Compensation 2016-2023: $17 million
- 2023: $2,690,045
- 2022: $2,478,866
- 2021: $2,098,951
- 2020: $2,248,718
- 2019: $1,651,200
- 2018: $2,168,987
- 2017: $1,780,647
- 2016: $2,232,659
Robert M Friedlander: Total Compensation 2016-2023: $13 million
- 2023: $1,690,723
- 2022: $1,697,536
- 2021: $1,685,500
- 2020: $1,562,505
- 2019: $1,390,399
- 2018: $1,581,672
- 2017: $1,491,886
- 2016: $1,469,445
Philip Pollice: Total Compensation 2018-2023: $10 million
- 2023: $1,735,447
- 2022: $1,629,350
- 2021: $1,647,559
- 2020: $1,563,312
- 2019: $1,428,934
- 2018: $1,312,195
Edward T Karlovich: Total Compensation 2016-2023: $12 million
- 2023: $2,395,869
- 2022: $1,916,850
- 2021: $1,591,312
- 2020: $1,348,027
- 2019: $ 979,425
- 2018: $1,440,488
- 2017: $1,329,959
- 2016: $1,241,498
James Bradley: Total Compensation 2016-2023: $7 million**
- 2023: $ 1,990,763
- 2022: Not Listed
- 2021: $1,816,932
- 2020: Not Listed
- 2019: $1,598,299
- 2018: Not Listed
- 2017: $1,520,618
- 2016: Not Listed
Robert DeMichiel: Total Compensation 2016-2023: $15 million
- 2023: $1,841,516
- 2022: $ 956,816
- 2021: $1,933,293
- 2020: $1,611,497
- 2019: $2,351,616
- 2018: $2,699,393
- 2017: $1,492,449
- 2016: $1,611,696
Jeanne Cunicelli: Total Compensation: 2022-2023: $3 million
- 2023: $1,820,828
- 2022: $1,129,512
Dean Sotereanos: Total Compensation. 2020-2023: $5 million**
- 2023: $ 1,818,753:
- 2022: Not Listed
- 2021: $1,729,902
- 2020: $1,643,503
Joon Sup Lee: Total Compensation. 2016-2023: $10 million
- 2023: $1,770,427
- 2022: $1,604,665
- 2021: $1,816,935
- 2020: $1,033,913
- 2019: $1,083,392
- 2018: $1,079,318
- 2017: $1,074,199
- 2016: $1,098,741
Mark Sevco: Total Compensation. 2016-2023: $8 million
- 2023: $1,770,038
- 2022: $1,212,480
- 2021: $1,059,931
- 2020: $ 737,104
- 2019: $1,029,854
- 2018: $ 656,496
- 2017: $ 624,152
- 2016: $ 574,102
Timothy Billiar: Total Compensation: 2016-2023: $7 million
- 2023: $ 1,679,666
- 2022: $1,203,803
- 2021: $ 910,554
- 2020: $ 693,440
- 2019: $ 936,320
- 2018: $ 842,595
- 2017: $ 828,498
- 2016: $ 825,336
Marshall Webster: Total Compensation: 2016-2023: $12 million
- 2023: $1,666,659
- 2022: $1,582,254
- 2021: $1,482,559
- 2020: $1,288,381
- 2019: $1,260,178
- 2018: $1,429,502
- 2017: $1,480,719
- 2016: $1,452,938
Matthew El-Kadi: Total Compensation 2022-2023: $6 million
- 2023: $2,389,793
- 2022: $3,196,500
Fadi Sweiss: Total Compensation: 2022-2023: $6 million
- 2023: $3,128,554
- 2022: $2,434,194
“**” It is unclear why income is not reported in certain years
To read the IRS Form 990 (for the year ending June 30, 2023), click here.
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You’re absolutely right.
I agree…the more I look into the health industry the more disgusted I become. It’s truly reprehensible.
This is so shocking. You reveal more every day, and every day I am shocked.