Harold Varmus, president and chief executive officer of Memorial Sloan-Kettering Cancer Center, New York, was the highest-salaried CEO among a pool of the nation's largest philanthropic organizations in 2003, earning almost $1.69 million in salary, according to an annual ranking by the Chronicle of Philanthropy. Healthcare executives filled out the top five spots on the list, which reflects data from only a select group of not-for-profits. The ranking of salaries for 215 CEOs was based on Internal Revenue Service form 990 information and supported by surveys of the executives. In general, it does not include benefits and other compensation. Varmus was followed by Cleveland Clinic Foundation CEO Floyd Loop at $1.68 million; New York-Presbyterian Hospital CEO Herbert Pardes at $1.26 million; Baylor College of Medicine President Peter Traber at $1.23 million; and Children's Hospital of Boston CEO James Mandell at $823,700. Traber's pay includes a $1 million signing bonus and four-months' annual salary. The median CEO salary at not-for-profits was $291,400, the Chronicle said. -- by Melanie Evans
Hospital CEOs lead ranking of not-for-profit pay
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