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December 10, 2024

3

25 Employees of UPMC Receive $435 Million in Compensation

by Anne Paddock

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.

3 Comments
  1. You’re absolutely right.

  2. Dec 10 2024

    I agree…the more I look into the health industry the more disgusted I become. It’s truly reprehensible.

  3. This is so shocking. You reveal more every day, and every day I am shocked.

Comments are closed.