Cleveland Clinic CEO salary and executive pay

Cleveland Clinic paid its CEO, Tomislav Mihaljevic MD, $9,709,152 for the fiscal year ending December 2024. That is up $2,687,350 (38.3%) from the fiscal year ending December 2023. Total revenue on that return was $9,680,031,802, up 8.1% from $8,958,297,084 for the fiscal year ending December 2023. Cleveland Clinic ranks 22nd of 229 hospital systems on this site by CEO pay. Cleveland Clinic has 3 Form 990 returns on record, for fiscal years ending 2022 to 2024. Also known as The Cleveland Clinic Foundation.

Last updated from IRS e-file data. EIN 34-0714585, Independence, OH.

CEO, fiscal year ending December 2024

$9,709,152

Tomislav Mihaljevic MDDIRECTOR, PRESIDENT & CEO

Also listed with a chief executive title on this filing: Haber MD GEORGES-PASCAL (CEO, CCAD (PART YR)), $2,589,546.

Total revenue
$9,680,031,802
CEO pay vs. peers
Higher than 28%

Source: Form 990, fiscal year ending December 2024, IRS object ID 202513189349302136.View the filing

Peers: the 183 other hospital systems on this site. Ranked 132nd of 184 by top pay as a share of revenue. Pay is 0.10% of revenue, our calculation from the same return. Revenue is Part I, line 12; peers are compared on their latest full-year returns.

This is The Cleveland Clinic Foundation's own return. Cleveland Clinic also files a group return that lists many of the same executives; this page uses the Foundation's return only. The system's largest single return is filed separately by Cleveland Clinic Foundation and affiliates (EIN 91-2153073), so the revenue shown here is this return's own, not the whole system's.

Highest-paid people on the latest return

On the latest return, 24 people were paid more than $500,000, 20 of them more than $1 million.

Name and titleTotal
Tomislav Mihaljevic MD
CEO
DIRECTOR, PRESIDENT & CEO
$9,709,152
Malone Jr MD DONALD AEVP, PRES NEO MKT (PART YR)$3,459,941
Laraway DennisEVP, CFO & TREASURER$3,172,796
Hancock DNP RN NE-BC KELLYEVP, CHIEF CAREGIVER OFF & CAO$2,813,505
Ridgeway MD BERIDIR, EVP ENTERPRISE CHIEF OF STAFF$2,743,886
Total: Part VII columns D, E and F added together.

Also paid on the latest return: Haber MD GEORGES-PASCAL (CEO, CCAD (PART YR)), $2,589,546; Guzman MD JORGE (EVP, PRES NEO MKT (PART YR)), $2,580,319; Svensson MD LARS (INSTITUTE CHIEF - HVTI), $2,491,658; Delaney MD PhD CONOR (EVP, PRESIDENT OF FL MKT), $2,429,446; Rowan David W (SEC, EVP, CHIEF LEGAL OFF (PART YR)), $2,278,133; Strein Stefan (VP, CHIEF INVESTMENT OFFICER), $2,229,470; Gillinov MD A MARC (DEPT CHAIR, THORACIC & CARDIOVAS SURGERY), $2,203,236; Lorenz MD ROBERT (PRESIDENT, CLEVELAND CLINIC LONDON), $2,185,271; Chandra PhD ROHIT (EVP, CHIEF DIGITAL OFFICER), $2,184,754; Peacock William M (EVP, CHIEF OF OPERATIONS), $2,162,356; Najm MD HANI (CHAIR, PED & CONGENITAL HEART SURGERY), $2,136,727; Hull MD TRACY (PHYSICIAN (RETIREE 2024)), $2,049,244; Erzurum MD SERPIL (EVP, CHIEF RESEARCH & ACADEMIC OFF), $1,414,059; Gordon Deborah (EVP, CLO, SEC (PART YR)), $1,269,043; Falcone MD TOMMASO (EVP, PRES INTL EMERG MKTS (PT YR)), $1,120,687; and 7 more.

Also listed in Part VII of the latest return, with no pay reported: Auletta Patrick V (DIRECTOR (PART YR)), Benz K Michael (DIRECTOR (PART YR)), Crawford Deborah A (DIRECTOR), Fedeli Umberto P (DIRECTOR), Gorsky Alex (DIRECTOR (PART YR)), Gwin Bonnie W (DIRECTOR), Hoover Carole F (DIRECTOR), Ishrak PhD OMAR (DIRECTOR), Kemper RN BETTY J (DIRECTOR (PART YR)), Kilbane Esq CATHERINE M (DIRECTOR), Kohl Stewart A (DIRECTOR), Kramer Richard J (DIRECTOR), Maroone Michael E (DIRECTOR), Mittal Lakshmi N (DIRECTOR (PART YR)), Morino Mario M (DIRECTOR (PART YR)), Nance Esq FREDERICK R (DIRECTOR), Rich Melinda R (DIRECTOR), Ross Mark (DIRECTOR), Schulman Dan (DIRECTOR), Scott Jr Harold Lee (DIRECTOR (PART YR)), Vega Lorraine (DIRECTOR (PART YR)), Waldron John (DIRECTOR), Weinberg Ronald E (DIRECTOR), Mooney Beth E (DIRECTOR, BOARD CHAIR), Petras Jr Michael B (DIR, V CHAIR, FINANCE & BUS DEV), and 1 more.

CEO pay by year

Each row is the CEO on that year's return.

Fiscal year endingName and titleTotalRevenueSource
Dec 2024Tomislav Mihaljevic MD
CEO
DIRECTOR, PRESIDENT & CEO
$9,709,152$9,680,031,802Filing
Dec 2023Tomislav Mihaljevic MD
CEO
DIRECTOR, PRESIDENT & CEO
$7,021,802$8,958,297,084Filing
Dec 2022Tomislav Mihaljevic MD
CEO
DIRECTOR, PRESIDENT & CEO
$6,256,750$7,583,607,049Filing
Total: Part VII columns D, E and F. Revenue: Part I, line 12.

How this pay was reported

The parts of each total, as reported on the return for the fiscal year ending December 2024.

Source: Form 990, fiscal year ending December 2024, IRS object ID 202513189349302136.View the filing

Part VIISchedule J
Name and titleFrom orgOtherBaseBonusOtherDeferredNontaxableTotal
Tomislav Mihaljevic MDDIRECTOR, PRESIDENT & CEO$7,650,847$2,058,305$7,016,406$0$634,441$2,034,500$23,805$9,709,152
Malone Jr MD DONALD AEVP, PRES NEO MKT (PART YR)$1,610,899$1,849,042$1,370,113$0$240,786$1,831,448$17,594$3,459,941
Laraway DennisEVP, CFO & TREASURER$3,127,004$45,792$3,075,569$0$51,435$24,150$21,642$3,172,796
Hancock DNP RN NE-BC KELLYEVP, CHIEF CAREGIVER OFF & CAO$2,157,469$656,036$1,983,915$0$173,554$636,899$19,137$2,813,505
Ridgeway MD BERIDIR, EVP ENTERPRISE CHIEF OF STAFF$1,986,502$757,384$1,833,668$0$152,834$734,500$22,884$2,743,886
Part VII, Section A: From org is column D, Other is column F.Schedule J, Part II: Base is column B(i), Bonus B(ii), Other B(iii), Deferred C, Nontaxable D, Total E.

These figures come from Cleveland Clinic'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 Cleveland Clinic compares

Ranked 22nd of 229 hospital systems by CEO pay.

Closest in revenue among the hospital systems on this site:

Common questions