Top pay went to former Thomas Jefferson University CEO Stephen K. Klasko topped the list thanks to a $5 million retention payment.
Former Thomas Jefferson University CEO Stephen K. Klasko, shown here in October 2021, was the region's top-paid nonprofit health-system CEO in 2022.Klasko, who retired at the end of 2021, received nearly $1 million in severance and a $5 million retention payment, according the Jefferson’s latest tax return. The executive remained as an adviser at Jefferson through June 2022. It’s not unusual for CEO payments to appear on nonprofit tax returns after they’ve left the organization.
Second to Klasko in the ranking for 2022 was Maghazehe, who has been CEO of Mercer County’s Capital Health since 1998. His pay totaled $5.25 million, including a $1 million bonus and $2.79 million in long-term compensation., when her pay included a $5.6 million bonus based on both one- and three-year goals. In 2022, Bell’s bonus was $1.6 million.
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