Executive Compensation at Piedmont Healthcare (2025)
Piedmont Healthcare is a tax-exempt, non -profit healthcare provider based in Atlanta, Georgia with 28 hospitals, 122 immediate care centers, and more than 1875 clinic physician offices that employ 50,000 employees that serve communities in Georgia.
Made up of dozens of other organizations that include non-profits (35), taxable partnerships (7), and taxable corporations or trusts (8) , Piedmont Healthcare has one organization – Piedmont Healthcare, Inc. (PHI) – whose mission is to manage all the affiliated/related and subsidiary organizations in the system.
PHI has 17 voting members of its governing body, 13 of whom are independent. 14 of the 17 (82%) board members are male while 3 of the 17 (18%) are female.
In 2025, PHI reported total revenue of $357 million (doubled since 2020), most of which came from investment income and management fees from affiliate organizations (management services to affiliates and “cost of capital allocation.”
Expenses totaled $384 million (including $70 million in depreciation) with the largest expenses reported to be compensation ($135 million), depreciation ($70 million), office-related expenses ($50 million), fees for services – primarily contract and administrative ($43 million), and interest ($63 million).
PHI has $3.4 billion in net assets in 2025.
5,813 employees received $135 million in compensation, which equates to an average compensation of $23,000. However, it is important to note PHI spent $183 million compensating 4 outside firms for staffing and anesthesia services (although the organization reports only $43 million for services by non-employees) and $86 million on construction services.
1,033 employees received more than $100,000 in compensation with the 14 most highly compensated of PHI reported to be:
- $4,428,574: Kevin Brown, Board Member and CEO, PHC
- $2,272,159: Michael Mandl, EVP
- $1,518,,663: Thomas Arnold, VP Financial Operations
- $1,462,792: Leigh Hamby, PHC Chief Medical Officer
- $1,379,286: Elizabeth Leddy, Chief Legal Officer, Secretary
- $1,356,906: Charles Brown, Physician*
- $1,212,037: Christopher Lloyd, President, Piedmont Clinic*
- $1,109,745: Geoffrey Brown, CIO
- $ 925,303: Michelle Fisher, President, Prim Care and Ret Services*
- $ 823,880: John Tillman, Chief Real Estate Officer
- $ 788,756: Kelly Kerner, Chief Philanthropy Officer
- $ 788,270: Douwe Bergsma, Chief Marketing Officer
- $ 712,429: Joseph Colonna, Chief Supply Chain Officer
- $ 621,116: Moiz Master, Board Member*
“*”: indicates all or a portion of compensation was from a related/affilaited organization
The 14 most highly compensated employees received nearly $20 million in compensation. 10 of the 14 (71%) most highly compensated employees are male while 4 of the 14 (29%) are female.
The most highly compensated employee was Kevin Brown, who received $32 million in compensation from 2016-2025:
- 2025: $4,428,574
- 2024: $4,078,789
- 2023: $3,608,546
- 2022: $3,588,440
- 2021: $3,417,847
- 2020: $2,989,640
- 2019: $4,160,372
- 2018: $2,422,464
- 2017: $2,165,460
- 2016: $2,153,708
PHI paid for first class travel, companion travel and provided discretionary spending accounts. To read details about these expenses and payments from the Supplemental Executive e Retirement Plans (SERP), please go to the Form 990, Schedule J, Part III, Supplemental Information.
430 independent contractors received more than $100,000 in compensation with the five most highly compensated reported to be:
- $132 million: AYA Healthcare, of San Diego, CA for staffing
- $ 86 million: Brasfield and Gorrie, of Birmingham, AL for construction
- $ 21 million: Jackson and Coker Locumtenens, of Alpharetta, GA for staffing
- $ 16 million: Avant Healthcare Professionals, of Casselberry, FL for staffing
- $ 14 million: Amsol Anesthesists of Dallas, TX for anesthesia services
To review the Form 990 (2024 for the year ending June 30, 2025), click here.
