CaroMont Health CEO salary and executive pay
CaroMont Health paid its CEO, K Christopher Peek, $2,074,421 for the fiscal year ending June 2024. On the return for the fiscal year ending June 2023, the CEO was Mr K Christopher Peek, paid $1,844,813. Total revenue on that return was $790,891,234, up 11.4% from $709,858,408 for the fiscal year ending June 2023. CaroMont Health ranks 13th of 36 hospitals on this site by CEO pay. CaroMont Health has 3 Form 990 returns on record, for fiscal years ending 2022 to 2024.
Last updated from IRS e-file data. EIN 56-0619359, Gastonia, NC.
CEO, fiscal year ending June 2024
$2,074,421
- Total revenue
- $790,891,234
- CEO pay vs. peers
- Higher than 70%
Source: Form 990, fiscal year ending June 2024, IRS object ID 202510859349301001.View the filing
Peers: the 34 other hospitals on this site. Ranked 11th of 35 by top pay as a share of revenue. Pay is 0.26% of revenue, our calculation from the same return. Revenue is Part I, line 12; peers are compared on their latest full-year returns.
Highest-paid people on the latest return
On the latest return, 12 people were paid more than $500,000, 3 of them more than $1 million.
| Name and title | Total |
|---|---|
| K Christopher Peek CEO CEO | $2,074,421 |
| Dr Todd DavisEVP Chief Physician Executive | $1,245,257 |
| Mr David O'ConnorEVP/CFO/Asst. Treasurer | $1,140,025 |
| Mr Danny WhartonChief Operating Officer | $803,908 |
| Mr Frank MurphyVP Strategy Business Development | $802,129 |
Also paid on the latest return: Dr George Adcock III (VP Medical Affairs), $734,921; Mr Richard Blackburn (VP Support Services), $714,150; Ms Robin Lang (VP Chief Information Officer), $682,785; Ms Leigh Hickman (CLO/Asst. Sec.), $675,066; Dr Heath High (Chief of Staff (COS) Elect through 12/31/23 (non-voting); COS starting 1/1/24), $583,903; Dr Jay Hendler (Chief of Staff (COS) through 12/31/23; Immediate Past COS starting 1/1/24 (non-voting)), $558,661; Mr Joel Riddle (VP Human Resources), $548,117; Dr Shiddhi Patel (Chief-of Staff Elect (non-voting) starting 1/1/2024), $436,549; Rev Dr Pearl Burris-Floyd (Secretary), $122,443; Mr Bob Hovis (Director), $32,703; Dr Micheal Gaslin (Past-Chief-of-Staff (non-voting) through 12/31/2023), $20,000.
Also listed in Part VII of the latest return, with no pay reported: Mr David Payseur (Treasurer), Mr Jeffrey Cash (Chair), Mr Tim Efird (Vice chair), Mr Dan Boyd (Director), Mr Frank Stewart (Director), Mr Jason Austell (Director), Mr Jay McGraw (Director), Mr Joseph Davis Jr (Director), Ms Annette Carter (Director), Ms Janie Peak (Director), Rev Dr Benjamin Hinton (Director).
CEO pay by year
Each row is the CEO on that year's return.
How this pay was reported
The parts of each total, as reported on the return for the fiscal year ending June 2024.
Source: Form 990, fiscal year ending June 2024, IRS object ID 202510859349301001.View the filing
| Part VII | Schedule J | |||||||
|---|---|---|---|---|---|---|---|---|
| Name and title | From org | Other | Base | Bonus | Other | Deferred | Nontaxable | Total |
| K Christopher PeekCEO | $1,764,966 | $309,455 | $1,025,632 | $515,175 | $224,159 | $284,284 | $25,171 | $2,074,421 |
| Dr Todd DavisEVP Chief Physician Executive | $1,048,889 | $196,368 | $668,559 | $269,166 | $111,164 | $171,587 | $24,781 | $1,245,257 |
| Mr David O'ConnorEVP/CFO/Asst. Treasurer | $956,025 | $184,000 | $602,432 | $243,238 | $110,355 | $159,219 | $24,781 | $1,140,025 |
| Mr Danny WhartonChief Operating Officer | $670,464 | $133,444 | $447,130 | $176,418 | $46,916 | $121,124 | $12,320 | $803,908 |
| Mr Frank MurphyVP Strategy Business Development | $703,917 | $98,212 | $369,670 | $126,165 | $208,082 | $82,614 | $15,598 | $802,129 |
These figures come from CaroMont Health's Form 990 returns, as the IRS publishes them. The methodology page explains how they're chosen. To report an error, email corrections@ceopaycheck.com.
How CaroMont Health compares
Ranked 13th of 36 hospitals by CEO pay.
- Previous in this ranking: 12th, Dayton Children's Hospital, $2,091,992
- Next in this ranking: 14th, Concord Hospital, $2,016,109
Closest in revenue among the hospitals on this site:
Pikeville Medical Center$1,738,038 (CEO), fiscal year ending Sep 2025
Altru Health System$1,330,342 (CEO), fiscal year ending Dec 2024
Mercyhealth$16,336,153 (CEO), fiscal year ending Jun 2025
Dayton Children's Hospital$2,091,992 (CEO), fiscal year ending Jun 2025
Jamaica Hospital Medical Center$3,198,225 (CEO), fiscal year ending Dec 2024
Common questions
K Christopher Peek (CEO) was paid $2,074,421 for the fiscal year ending June 2024: $1,764,966 from CaroMont Health and $309,455 in other compensation (Part VII columns D and F).
The CEO, K Christopher Peek, was the highest-paid person on the latest return, at $2,074,421.
CaroMont Health paid its CEO, K Christopher Peek, $2,074,421 for the fiscal year ending June 2024. On the return for the fiscal year ending June 2023, the CEO was Mr K Christopher Peek, paid $1,844,813. The earliest return on record is for the fiscal year ending June 2022, when the CEO was Mr K Christopher Peek, paid $1,745,670. By fiscal year end: June 2022, $1,745,670 (Mr K Christopher Peek); June 2023, $1,844,813; June 2024, $2,074,421 (K Christopher Peek).
CaroMont Health's return for the fiscal year ending June 2024 reports total expenses of $700,788,807 and total revenue of $790,891,234 (Part I, lines 18 and 12), so revenue exceeded expenses by $90,102,427. Expenses were $650,792,303 for the fiscal year ending June 2023, so they rose 7.7%. The CEO's pay of $2,074,421 equals 0.30% of expenses, our calculation.
From the 3 Form 990 returns CaroMont Health filed with the IRS for fiscal years ending 2022 to 2024. The latest full-year return was filed on March 26, 2025. Schedule J of the fiscal year ending June 2024 return breaks down pay for all 5 people in the pay breakdown above.