THE MISSION OF WAKEMED IS TO IMPROVE THE HEALTH AND WELL-BEING OF OUR COMMUNITY WITH OUTSTANDING AND COMPASSIONATE CARE TO ALL.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 33 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Health Care organizations nationwide.
- Base
- $1.3M
- Bonus
- $515k
- Other
- $67k
- Benefits
- $4k
- Base
- $640k
- Bonus
- $884k
- Other
- $14k
- Benefits
- $28k
- Base
- $1.1M
- Bonus
- $363k
- Other
- $4k
- Benefits
- $26k
- Base
- $507k
- Bonus
- $819k
- Other
- $27k
- Benefits
- $10k
- Base
- $932k
- Bonus
- $372k
- Other
- $10k
- Benefits
- $31k
- Base
- $990k
- Bonus
- $285k
- Other
- $25k
- Benefits
- $28k
- Base
- $647k
- Bonus
- —
- Other
- $18k
- Benefits
- $300
- Base
- $640k
- Bonus
- —
- Other
- $3k
- Benefits
- —
- Base
- $489k
- Bonus
- —
- Other
- $27k
- Benefits
- $14k
- Base
- $427k
- Bonus
- —
- Other
- $2k
- Benefits
- $28k
- Base
- $408k
- Bonus
- —
- Other
- $27k
- Benefits
- $23k
- Base
- $446k
- Bonus
- —
- Other
- $6k
- Benefits
- $3k
- Base
- $405k
- Bonus
- —
- Other
- $22k
- Benefits
- $5k
- Base
- $386k
- Bonus
- —
- Other
- $19k
- Benefits
- $20k
- Base
- $391k
- Bonus
- —
- Other
- $3k
- Benefits
- $29k
- Base
- $383k
- Bonus
- —
- Other
- $6k
- Benefits
- $24k
- Base
- $405k
- Bonus
- —
- Other
- $611
- Benefits
- —
- Base
- $378k
- Bonus
- —
- Other
- $5k
- Benefits
- $10k
- Base
- $354k
- Bonus
- —
- Other
- $3k
- Benefits
- $29k
- Base
- $343k
- Bonus
- $9k
- Other
- $2k
- Benefits
- $28k
- Base
- $335k
- Bonus
- —
- Other
- $35k
- Benefits
- $12k
- Base
- $351k
- Bonus
- —
- Other
- $2k
- Benefits
- $26k
- Base
- $352k
- Bonus
- —
- Other
- $2k
- Benefits
- $20k
- Base
- $348k
- Bonus
- —
- Other
- $541
- Benefits
- $9k
- Base
- $265k
- Bonus
- —
- Other
- $64k
- Benefits
- $19k
- Base
- $319k
- Bonus
- —
- Other
- $23k
- Benefits
- $849
- Base
- $296k
- Bonus
- —
- Other
- $16k
- Benefits
- $29k
- Base
- $332k
- Bonus
- —
- Other
- $1k
- Benefits
- $3k
- Base
- $318k
- Bonus
- —
- Other
- $7k
- Benefits
- $11k
- Base
- $152k
- Bonus
- —
- Other
- $3k
- Benefits
- $5k
- Base
- $136k
- Bonus
- —
- Other
- $101
- Benefits
- $25k
- Base
- $121k
- Bonus
- —
- Other
- $1k
- Benefits
- $9k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO Above 90th percentilevs Health Care peers in North Carolina | $1.3M | $515k | $67k | $4k | $1.9M $2.1M |
Physician Highest Compensated Employee Above 90th percentilevs Health Care peers in North Carolina | $640k | $884k | $14k | $28k | $1.6M $1.7M |
Physician Highest Compensated Employee Above 90th percentilevs Health Care peers in North Carolina | $1.1M | $363k | $4k | $26k | $1.5M $1.6M |
Physician Highest Compensated Employee Above 90th percentilevs Health Care peers in North Carolina | $507k | $819k | $27k | $10k | $1.4M $1.5M |
Physician Highest Compensated Employee Above 90th percentilevs Health Care peers in North Carolina | $932k | $372k | $10k | $31k | $1.4M $1.5M |
Physician Highest Compensated Employee Above 90th percentilevs Health Care peers in North Carolina | $990k | $285k | $25k | $28k | $1.3M $1.5M |
EVP & Chief Operating Officer Above 90th percentilevs Health Care peers in North Carolina | $647k | — | $18k | $300 | $685k $749k |
Evp, Physician Services Executive Vice President 75th to 90th percentile | $640k | — | $3k | — | $663k $724k |
SVP & Administrator Raleigh Senior Vice President Median to 75th percentile | $489k | — | $27k | $14k | $550k $600k |
VP & Chief Legal Officer (until 12/1/23) Board Vice President 75th to 90th percentile | $427k | — | $2k | $28k | $477k $521k |
SVP - Operations & Cno Senior Vice President Median to 75th percentile | $408k | — | $27k | $23k | $477k $521k |
Chief Medical Officer, Raleigh Key Employee 75th to 90th percentilevs Health Care peers in North Carolina | $446k | — | $6k | $3k | $475k $519k |
VP & Chief Information Officer Chief Information Officer 75th to 90th percentile | $405k | — | $22k | $5k | $452k $493k |
SVP - Strategic Ventures & Ambulatory Operations Senior Vice President Median to 75th percentile | $386k | — | $19k | $20k | $444k $485k |
Vp, Medical Information Board Vice President 75th to 90th percentile | $391k | — | $3k | $29k | $442k $483k |
VP & Chief Strategy Officer Board Vice President 75th to 90th percentile | $383k | — | $6k | $24k | $432k $472k |
SVP & Chief Quality Officer Senior Vice President Median to 75th percentile | $405k | — | $611 | — | $425k $464k |
Chief Medical Officer, North Key Employee 75th to 90th percentilevs Health Care peers in North Carolina | $378k | — | $5k | $10k | $412k $450k |
SVP & Administrator North Senior Vice President Median to 75th percentile | $354k | — | $3k | $29k | $406k $443k |
Chief Medical Officer, Mental Health & Well-being Key Employee 75th to 90th percentilevs Health Care peers in North Carolina | $343k | $9k | $2k | $28k | $402k $439k |
Vp, Facilities & Construction Board Vice President 75th to 90th percentile | $335k | — | $35k | $12k | $402k $439k |
VP & Chief Compliance & Privacy Officer (until 2/24) Vice President 75th to 90th percentile | $351k | — | $2k | $26k | $399k $436k |
EVP & Chief Financial Officer 75th to 90th percentilevs Health Care peers in North Carolina | $352k | — | $2k | $20k | $391k $427k |
Svp, Human Resources Senior Vice President Median to 75th percentile | $348k | — | $541 | $9k | $377k $412k |
Vp, Revenue Cycle Board Vice President Median to 75th percentile | $265k | — | $64k | $19k | $366k $400k |
Vp, Marketing and Communications Board Vice President Median to 75th percentile | $319k | — | $23k | $849 | $362k $396k |
Vp, Governmental Affairs Board Vice President Median to 75th percentile | $296k | — | $16k | $29k | $360k $393k |
SVP & Administrator Cary Senior Vice President Median to 75th percentile | $332k | — | $1k | $3k | $356k $388k |
Vp, Payor Strategy & Managed Care Contracting Board Vice President Median to 75th percentile | $318k | — | $7k | $11k | $355k $388k |
Former Vp, Wakemed Physician Practices (until 6/3/23) Board Vice President 25th percentile to median | $152k | — | $3k | $5k | $170k $186k |
Vp, Compliance and Privacy - Interim (from 12/3/23) Vice President Median to 75th percentile | $136k | — | $101 | $25k | $170k $186k |
Former Secretary (until 2/7/23) Former Officer/director/trustee Median to 75th percentile | $121k | — | $1k | $9k | $139k $151k |
Officer - Secretary Secretary (Operational) Median to 75th percentile | — | — | — | — | $93k $101k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 16 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at WakeMed equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Down 2%
from 2022
From $1.9M in 2022 to $1.9M in 2023.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 2% from 2022 to 2023, while revenue rose 11%.
- Highest Compensated Employee pay rose 16% from 2022 to 2023.
- Executive Vice President pay rose 6% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about WakeMed
What does the Chief Executive Officer of WakeMed earn?
In 2023, the Chief Executive Officer of WakeMed received $1,905,182 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Health Care organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at WakeMed compare with similar nonprofits?
Compared with the same role at Health Care organizations in North Carolina, the 2023 pay of the Chief Executive Officer at WakeMed falls in the top 10%. In 2023, the highest total compensation at WakeMed equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.
What are WakeMed's revenue and expenses?
In 2023, WakeMed reported $2.3B in total revenue and $2.3B in total expenses on its IRS Form 990.
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