The Press and Hospital CEO Compensation
In our June 30, 2009 post, we noted that key people at the IRS were suggesting that nonprofit hospital CEO compensation was too high, even though the hospitals were following the IRS’s own rules for setting compensation. And we noted in our July 1 post that every year, press reports appear reviewing hospital Form 990s and suggesting that the reported hospital CEO compensation is somehow out of line for running a charity. A concise review of the press coverage issue was recently posted at Nonprofit Law Blog, and astutely sums up the recurring issues with press coverage. Once again, this points up that part of the job of the compensation committee must be preparing for and dealing with press coverage.
- Comments Off on The Press and Hospital CEO Compensation
