Ascensions top ranks include executives with careers that reach well outside not-for-profit healthcare.
The health systems C-suite holds seats on the governing boards of civic, educational and healthcare industry organizations. But they sit or have served on boards of for-profit companies as diverse as auto parts manufacturers, furniture designers, real estate developers and healthcare information technology vendors. Some of its executives came to Ascension after working outside the healthcare industry.
Ascensions chief executive officer, Anthony Tersigni, is a former director for Noble International, a publicly traded auto parts company in Warren, Mich. Tersigni resigned from Nobles board in July 2005. The Detroit native moved to St. Louis, where Ascension is based, after his promotion to CEO in 2004, but he remains on the boards of the Detroit Economic Club and the University of Detroit Mercy. Tersigni is also a director for the National Catholic Bioethics Center in Philadelphia.
Anthony Speranzo was a corporate finance manager at John Nuveen & Co. and then a managing director at U.S. Bancorp Piper Jaffray before becoming Ascensions finance chief. Speranzo, who earned $1,062,915 in total compensation for fiscal 2005, sits on the governing boards of Ascensions venture capital arm and is a former board member of Lillibridge Health Trust, Chicago.
Cardiologist David Pryor, Ascensions senior vice president for clinical excellence and senior clinical officer, sits on multiple corporate and industry boards, including for-profits PatientKeeper, Newton, Mass., and Actuality Systems, Bedford, Mass., and was an advisory board member of CorSolutions Medical, which was acquired in January by publicly traded Matria Healthcare, Marietta, Ga. Pryor, who earned $753,474 in 2005, also sits on the board of not-for-profit consultant HealthTech, San Francisco, and is an advisory board member of Partners HealthCare Systems technology consulting arm, the Center for Information Technology Leadership, Boston.
Sherry Browne, Ascensions senior vice president and chief information officer, came to healthcare from a career in consulting and telecommunications IT. After more than a decade with Sprint International, she became Seattle-based Monet Mobile Networks CIO. Browne, whose compensation is not public record, was tapped as Ascensions CIO in 2001, during an overhaul of the systems top ranks by then-CEO Doug Frenchwho also brought in new recruits Speranzo and Pryor.
(French, who resigned for personal reasons in May 2004, sits on multiple for-profit boards including Emageon, Birmingham, Ala.; Revenue Cycle Solutions, Westchester, Ill.; Accuro Healthcare Solutions, Dallas; Herman Miller, Zeeland, Mich.; and is an advisory board member for the Beryl Companies, Bedford, Texas, and Xavier Colleges health services administration graduate program in Cincinnati. Hes a former Catholic Healthcare West director and Catholic Health Association trustee.)
In 2005, the most recent year for which Ascension figures are public, Tersigni earned $1,539,629 in compensation, which includes salary, benefits and expenses. Speranzo earned $1,062,915 in compensation; Pryors reported compensation totaled $753,474. Brownes salary is not public record. French received $2,611,435 after stepping down in May 2004 for deferred compensation, unused vacation and a severance payment.