For today's episode of "Executive Compensation in Winston-Salem" I'm looking at the folks at that megalopolis otherwise know as Wake Forest University Baptist Medical Center.

My source for the these numbers was Guidestar
and the numbers listed come from the most recent 990listed
for each organization on the site.  So if the most recent 990 is 2006
then I've listed the 2005 pay. Here we go:

For WFUBMC I looked at many of the executives team listed on their website's leadership page.
FYI, one of the challenges with looking at WFUBMC's information is that they've recently restructured, some execs have retired and others have been promoted.  Since the numbers are from 990s filed in 2006 (so they reflect 2005 compensation) I'm going to insert some of the retired executives' data for a frame of reference.  For the others I'm using their current titles but the pay reflects their pay in 2005 in what might have been different positions.

Donny Lambeth, Listed on website as President (Interim) and COO of North Carolina Baptist Hospital –
In 2005 he was paid $388,150 and had $45,625 in benefits and deferred
compensation. Total: $433,775.

Gina Ramsey, Listed on website as VP of Financial Services and CFO of North Carolina Baptist Hospital –
In 2005 she was paid $311,303 and had $38,970 in benefits and deferred
compensation. Total: $350,273.

Len Preslar, No longer with Baptist but in 2005 he was the CEO.  He was paid $609,240, had $59,668 in benefits and deferred compensation and he had $8,823 in expenses.  Total: $677,731.

Douglas Edgeton, Listed on the website as the Executive VP and COO of WFU Health Sciences and the President of Piedmont Triad Research Park.  In 2005 he
was paid $414,087, had $52,103 in benefits and deferred compensation
and he had $9,532 in expenses.  Total: $475,722.

Richard Dean, No longer with WFU Health Sciences but in 2005 he was the President and CEO. 
He was paid $854,153, had $179,625 in benefits and deferred compensation
and he had $7,282 in expenses.  Total: $1,041,060.

Those of us old enough to remember the late '70s will remember the phenomenal success of prime time soap operas like Dallas.  I always figured that one reason Dallas did so well is that the economy truly sucked at the time and watching the over the top narcissism of the Ewing brood allowed most of us to escape our own miserable lives.  That era was followed by the real-life over the top narcissism of the 80s and exemplified by Lifestyles of the Rich and Famous, which was further proof that as a nation we just love to see how the other half, er 1/100th lives. Thus I figured it would be interesting to look at our local big-wigs to see what they make, if not how they live.

Today I'm looking at the folks at one of our biggest local employers: Novant.

My source for the these numbers was Guidestar and the numbers listed come from the most recent 990 they have listed for each organization on their site.  So if the most recent is 2006 then I've listed the 2005 pay. Here we go:

For Novant I looked at the executive team listed on the last page of their 2007 annual report. FYI, there are other high paying execs that aren't included but you can find them if you sign up for a free Guidestar account and look at the 990s.

I would also like to note that I might have missed some compensation.  There are several related organizations bundled under the Novant umbrella and executives are compensated by different organizations.  As you'll see I found that one executive was compensated by two different organizations.  Anyway, here's what I found:

Paul Miles, President/CEO of Novant – In 2005 he was paid $1,486,990, had $331,163 in benefits and deferred compensation and $15,344 in expenses. In addition Forsyth Medical Center Foundation also reports three years of unvested deferred awards of $99,960 in 2004, $104,550 in 2005 and $94,606 in 2006.  Total without the deferred awards: $1,833,497.

Greg Beier, President/CEO of Triad Region (Novant) Forsyth Medical Center – Was paid $825,767, had $382,251 in benefits and deferred compensation and $16,644 in expenses. In addition Forsyth Medical Center Foundation also reports three years of
unvested deferred awards of $58,800 in 2004, $63,150 in 2005 and
$58,365 in 2006.  Total without the deferred awards: $1,224,662.

Jacqueline Gattis, Chief Administrative Officer of Novant – In 2005 she was paid $303,125, had $96,229 in benefits and deferred compensation and $17,000 in expenses. Total: $416,354.

Dean Swindle, CFO of Novant – In 2005 he was paid $682,255, had $114,031 in benefits and deferred compensation, and $13,909 in expenses. Total: $810,195.

Carl Armato, President/CEO of Presbyterian Healthcare – In 2005 he was paid $683,022, had $81,190 in benefits and deferred compensation and $73 in expenses. In addition Presbyterian Medical Care Corporation also reports three years of
unvested deferred awards of $17,581 in 2004, $26,910 in 2005 and
$35,995 in 2006. Total without the deferred awards: $764,285

Stephen Wallenhaupt MD, Chief Medical Officer of Novant – In 2005 he was paid $395,522, had $26,727 in benefits and deferred compensation and $3,692 in expenses by Presbyterian Hospital. In the same year he was also paid by Novant Health Inc.: $88,692 in pay, $35,771 in benefits and deferred compensation and $3,574 in expenses. In addition Presbyterian Medical Care Corporation also reports three years of
unvested deferred awards of $26,950 in 2004, $28,190 in 2005 and
$25,512 in 2006. Total without the deferred awards: $553,978

T. Hayes Woollen MC, President of Novant Medical Group – In 2005 he was paid $101,357, had $47,471 in benefits and deferred compensation, and $3,692 in expenses. Total: $152,520