Worcester Business Journal

Book of Lists 2024

Issue link: https://nebusinessmedia.uberflip.com/i/1523471

Contents of this Issue

Navigation

Page 76 of 87

wbjournal.com | Book of Lists 2024 | Worcester Business Journal 77 G E N E R A L I N T E R E S T F O C U S Highest-paid nonprofit chief executives Ranked by total compensation for most recent fiscal year available Chief executive Organization Fiscal year end date Total compensation Salary Organization's revenue (1) 1 Eric W. Dickson president & CEO UMass Memorial Health 55 Lake Ave. North, Worcester 01605 508-334-1000 • ummhealth.org Sept. 30, 2022 $3,085,922 $1,386,834 $3,190,000,000 2 Richard P. Burke (2) former president & CEO Fallon Health Inc. 10 Chestnut St., Worcester 01608 508-799-2100 • fallonhealth.org Dec. 31, 2022 $2,158,200 $892,714 $1,747,343,886 3 Laurie Leshin (3) former president Worcester Polytechnic Institute 100 Institute Road, Worcester 01609 508-831-5000 • wpi.edu June 30, 2022 $2,005,283 $901,231 $339,528,000 4 Edward H. Moore president & CEO UMass Memorial Health Harrington 100 South St., Southbridge 01550 508-765-9771 • harringtonhospital.org Sept. 30, 2022 $1,922,810 $626,650 $3,050,000,000 (4) 5 Michael Gustafson (5) former president UMass Memorial Medical Center 55 Lake Ave., Worcester 01655 508-334-1000 • ummhealth.org Sept. 30, 2022 $1,809,759 $866,016 $3,050,000,000 (4) 6 Paula M. Rooney (6) former president Dean College 99 Main St., Franklin 02038 877-879-3326 • dean.edu May 31, 2023 $1,365,930 $188,442 $71,441,705 7 David A. Jordan (7) former president Seven Hills Foundation and Affiliates 81 Hope Ave., Worcester 01603 508-755-2340 • sevenhills.org June 30, 2022 $1,230,738 $622,082 $407,892,875 8 Winfield S. Brown (8) former president & CEO Heywood Healthcare 242 Green St., Gardner 01440 978-632-3420 • heywood.org Sept. 30, 2022 $1,135,982 $611,124 $156,584,006 9 Edward J. Kelly president & CEO Milford Regional Medical Center 14 Prospect St., Milford 01757 508-473-1190 • milfordregional.org Sept. 30, 2022 $960,820 $627,790 $254,895,392 10 David Fithian president Clark University 950 Main St., Worcester 01610 508-793-7711 • clarku.edu May 31, 2022 $959,137 $761,732 $161,096,000 11 Steve Roach president & CEO (9) UMass Memorial Marlborough Hospital 157 Union St., Marlborough 01752 508-481-5000 • ummhealth.org Sept. 30, 2022 $828,998 $458,006 $3,050,000,000 (4) 12 Peter J. McDonald former head of school (10) Eagle Hill Foundation of Mass. 242 Old Petersham Road, Hardwick 01037 413-477-6000 • eaglehill.school June 30, 2023 $823,412 $528,833 $26,800,193 13 Vincent Strully Jr. (11) founder and former CEO New England Center for Children 33 Turnpike Road, Southborough 01772 508-481-1015 • necc.org June 30, 2023 $801,517 $529,850 $131,500,000 14 Shlomit Schaal (12) former president UMass Memorial Medical Group (13) 365 Plantation St., Biotech One, Worcester 01605 508-334-1000 • ummhealth.org Sept. 30, 2022 $767,210 $563,726 $3,050,000,000 (4) 15 Robert Gustavson Jr. (14) head of school Fay School 48 Main St., Southborough 01772 508-490-8201 • fayschool.org June 30, 2022 $728,633 $530,250 $32,779,683 16 Temba Maqubela headmaster Groton School 282 Farmers Row, Groton 01450 978-448-3363 • groton.org June 30, 2022 $715,972 $549,959 $61,768,419 17 John Greenwood president UMass Memorial Accountable Care Organization 1 Biotech Park, 365 Plantation St., 3rd Floor, Worcester 01605 844-549-0213 • ummhealth.org Sept. 30, 2022 $672,216 $353,358 $3,050,000,000 (4) 18 Winston Oluwole Soboyejo (15) former interim president Worcester Polytechnic Institute 100 Institute Road, Worcester 01609 508-831-5000 • wpi.edu June 30, 2022 $669,111 $467,831 $328,803,000 Sources: GuideStar by Candid and individual nonprofits (1) For corresponding fiscal year (2) Retired on Jan. 31; succeeded by Todd Bailey who served as interim CEO until June 30. Manny Lopes assumed the role of permanent CEO on July 1. (3) Succeeded by interim president Winston O. Soboyejo in May 2022, then Grace Wang on April 3, 2023 (4) System-wide figure (5) Stepped down in July 2023; Justin Precourt serves as interim president. (6) Retired in July 2022; succeeded by Kenneth Elmore who announced in May that he would step down. A replacement has not been named. (7) Stepped down on June 30, 2023; succeeded by president & CEO Kathleen Jordan (8) In June 2023, replaced by co-CEOs Rozanna Penney and Tom Sullivan; Rozanna Penney currently serves as president & CEO. (9) Steve Roach is president & CEO of both UMass Memorial Marlborough Hospital and HealthAlliance-Clinton Hospital. (10) Peter J. (PJ) McDonald was succeeded by Erin Wynne, upon his death in May 2023. (11) Retired in August 2023 and succeeded by Jessica Sassi (12) Stepped down in Q1 2023; Andrew Karson serves as interim president. (13) Includes physicians formerly part of Harrington Physician Services (14) Expected to step down in July 2024; Susana Whitaker Waters has been named successor. (15) Served as interim president and successor to Laurie Leshin from May 2022 to April 3, 2023; Grace Wang is current president. -Compiled by Heide Martin, hmartin@nebusinessmedia.com The board of directors at Worcester insurer Fallon Health has established a $150,000 fund at the Greater Worcester Commu- nity Foundation to honor retiring President and CEO Richard Burke. The fund, named the Richard P. Burke Fund to Support Older Adults, will support the health and human services needs of older adults in Worcester County, ac- cording to a Dec. 15 press release from GWCF. The $150,000 initial funding from Fallon Health will launch what is meant to be a permanent fund to support those members of the community. Burke's retirement from the Worcester health insurance plan and service provider was announced in February 2023. He has held the president and CEO role for eight years and has been with Fallon for 25 years. "Establishing a field of interest fund at the community foundation is a wonderful way to honor Rich- ard and his legacy," Peter Dunn, president and CEO of GWCF, said in the press release. "This perma- nent fund will be a valuable source of funding for nonprofits serving older adults in the region, and we are grateful for Fallon Health's support and partnership." – Story by Isabel Tehan Fallon creates $150K fund to honor outgoing CEO Burke Richard Burke

Articles in this issue

Links on this page

Archives of this issue

view archives of Worcester Business Journal - Book of Lists 2024