Mayo Clinic CEO salary and executive pay
Mayo Clinic paid its CEO, Gianrico Farrugia MD, $4,888,096 for the fiscal year ending December 2024. That is up $578,391 (13.4%) from the fiscal year ending December 2023. Total revenue on that return was $14,891,458,272, up 6.6% from $13,970,744,790 for the fiscal year ending December 2023. Mayo Clinic ranks 65th of 229 hospital systems on this site by CEO pay. Mayo Clinic has 3 Form 990 returns on record, for fiscal years ending 2022 to 2024. Also known as Mayo Clinic Group Return.
Last updated from IRS e-file data. EIN 38-3952644, Rochester, MN.
CEO, fiscal year ending December 2024
$4,888,096
Also listed with a chief executive title on this filing: Drucker Paul E (DIRECTOR/CEO/PRESIDENT), $271,661; Thielen MD KENT R (DIRECTOR/CHAIR/CEO FL), $3,206,799; Gray MD RICHARD J (DIR/CHAIR/CEO AZ/FORMER KEY), $3,202,023; Ammash MD NASER M (CEO-SSMC), $359,872; Hebl MD JAMES R (DIR/PRES/CHAIR/REGIONAL VP-SWMN), $1,136,439; Helmers MD RICHARD A (DIR/PRES/CHAIR/REGIONAL VP-NWWI), $1,114,404; Noseworthy MD PETER A (DIRECTOR/PRESIDENT), $980,033; Foss MD RANDY M (DIRECTOR/CHAIR/PRESIDENT), $416,059; Avikainen Bridget F (DIRECTOR/CHAIR/PRESIDENT), $348,551.
- Total revenue
- $14,891,458,272
- CEO pay vs. peers
- Higher than 2%
Source: Form 990, fiscal year ending December 2024, IRS object ID 202523189349303887.View the filing
Peers: the 183 other hospital systems on this site. Ranked 180th of 184 by top pay as a share of revenue. Pay is 0.03% 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 Mayo Clinic's group return: one Form 990 filed for Mayo Clinic affiliates together. The CEO is reported here, and several other people on it have CEO titles for individual campuses (for example "CEO FL" and "CEO AZ").
Highest-paid people on the latest return
On the latest return, 128 people were paid more than $500,000, 30 of them more than $1 million.
| Name and title | Total |
|---|---|
| Gianrico Farrugia MD CEO DIRECTOR/CEO/PRESIDENT | $4,888,096 |
| Thielen MD KENT RDIRECTOR/CHAIR/CEO FL | $3,206,799 |
| Gray MD RICHARD JDIR/CHAIR/CEO AZ/FORMER KEY | $3,202,023 |
| Williams MD AMY WDIR/VICE CHAIR/EXEC DEAN OF PRACTICE | $2,328,769 |
| Zorn Christina KDIR/CAO/FORMER OFFICER | $2,169,564 |
Also paid on the latest return: Dahlen Dennis E (DIRECTOR/VP/FORMER OFFICER), $1,990,254; Pham MD SI M (PHYSICIAN), $1,978,061; Murphy Joshua B (SECRETARY/ASST SECY), $1,838,681; Gorman Paul A (TREASURER), $1,748,824; Quinones-Hinojosa MD ALFREDO (DIRECTOR), $1,719,577; Ross Christopher J (CHIEF INFORMATION OFFICER), $1,618,664; Willman MD CHERYL L (DIR/EXEC DIR CANCER PROGRAMS), $1,570,027; Nottmeier MD ERIC W (PHYSICIAN), $1,567,246; Bendok MD BERNARD R (CHAIR-NEURO SURGERY), $1,552,068; Halamka MD JOHN D (PRESIDENT-MAYO CLINIC PLATFORM), $1,523,136; Tawk MD RABIH G (PHYSICIAN), $1,514,950; Meyer MD FREDRIC B (DIR/EXEC DEAN OF EDU), $1,509,983; Varkey Mbbs Prathibha (DIRECTOR/PRESIDENT MCHS), $1,500,603; Zimmerman MD RICHARD S (PHYSICIAN), $1,467,564; Wiechmann MD ROBERT J (MCHS CLINICAL PRACTICE VICE CHAIR WI), $1,394,377; and 215 more.
Also listed in Part VII of the latest return, with no pay reported: Apolo Austere (DIRECTOR), Arntz Susan (DIRECTOR), Becker John (DIRECTOR/TREAS/CHAIR), Bents Ian (DIRECTOR), Bergeron-Bowe Melissa (DIRECTOR/SECRETARY), Beyer Jessica (DIRECTOR), Binsfeld Matt (DIRECTOR), Borsheim Paul (DIRECTOR), Bosse Patty (DIRECTOR), Branstad Pat (DIRECTOR), Christensen Sister Georgia (DIRECTOR), Clark Diane (DIRECTOR), Durand Kathie (DIRECTOR), Grove Michael (DIRECTOR), Halom Martin (DIRECTOR), Hansen Mark (DIRECTOR), Heil Steven (DIRECTOR), Johnson Holly (DIRECTOR/VICE PRESIDENT), Kasper John (DIRECTOR), Kunsman Justin (DIRECTOR), Legare Greg (DIRECTOR), Martin Doug (DIRECTOR), Mathy Scott (DIRECTOR), McGrath Cindy (DIRECTOR), McGraw Colleen (DIRECTOR), and 21 more.
CEO pay by year
Each row is the CEO on that year's return.
| Fiscal year ending | Name and title | Total | Revenue | Source |
|---|---|---|---|---|
| Dec 2024 | Gianrico Farrugia MD CEO DIRECTOR/CEO/PRESIDENT | $4,888,096 | $14,891,458,272 | Filing |
| Dec 2023 | Gianrico Farrugia MD CEO DIR/CEO/PRES/FORMER OFFICER | $4,309,705 | $13,970,744,790 | Filing |
| Dec 2022 | Gianrico Farrugia MD CEO DIR/CEO/PRES/FORMER OFFICER | $3,720,342 | $12,568,376,619 | Filing |
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 202523189349303887.View the filing
| Part VII | Schedule J | |||||||
|---|---|---|---|---|---|---|---|---|
| Name and title | From org | Other | Base | Bonus | Other | Deferred | Nontaxable | Total |
| Gianrico Farrugia MDDIRECTOR/CEO/PRESIDENT | $4,822,235 | $65,861 | $3,922,824 | $0 | $899,411 | $13,839 | $52,022 | $4,888,096 |
| Thielen MD KENT RDIRECTOR/CHAIR/CEO FL | $3,113,840 | $92,959 | $2,605,119 | $0 | $508,721 | $50,365 | $42,594 | $3,206,799 |
| Gray MD RICHARD JDIR/CHAIR/CEO AZ/FORMER KEY | $3,110,824 | $91,199 | $2,605,803 | $0 | $505,021 | $41,642 | $49,557 | $3,202,023 |
| Williams MD AMY WDIR/VICE CHAIR/EXEC DEAN OF PRACTICE | $2,299,102 | $29,667 | $1,932,789 | $0 | $366,313 | $10,475 | $19,192 | $2,328,769 |
| Zorn Christina KDIR/CAO/FORMER OFFICER | $2,087,648 | $81,916 | $1,736,426 | $0 | $351,222 | $38,641 | $43,275 | $2,169,564 |
These figures come from Mayo 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 Mayo Clinic compares
Ranked 65th of 229 hospital systems by CEO pay.
- Previous in this ranking: 64th, Yale New Haven Health, $4,968,969
- Next in this ranking: 66th, Rush University System for Health, $4,819,778
Closest in revenue among the hospital systems on this site:
CommonSpirit Health$14,175,319 (CEO), fiscal year ending Jun 2025
Bon Secours Mercy Health$12,809,033 (CEO), fiscal year ending Dec 2024
BJC HealthCare$5,392,901 (CEO), fiscal year ending Dec 2024
UPMC$13,324,020 (CEO), fiscal year ending Jun 2025
Kaiser Permanente (Health Plan)$12,976,050 (CEO), fiscal year ending Dec 2024
Common questions
Gianrico Farrugia MD (DIRECTOR/CEO/PRESIDENT) was paid $4,888,096 for the fiscal year ending December 2024: $4,822,235 from Mayo Clinic and $65,861 in other compensation (Part VII columns D and F).
The CEO, Gianrico Farrugia MD, was the highest-paid person on the latest return, at $4,888,096.
Mayo Clinic paid its CEO, Gianrico Farrugia MD, $4,888,096 for the fiscal year ending December 2024. That is up $578,391 (13.4%) from the fiscal year ending December 2023. The earliest return on record is for the fiscal year ending December 2022, when the CEO was Gianrico Farrugia MD, paid $3,720,342. By fiscal year end: December 2022, $3,720,342 (Gianrico Farrugia MD); December 2023, $4,309,705; December 2024, $4,888,096.
Mayo Clinic's return for the fiscal year ending December 2024 reports total expenses of $14,325,143,800 and total revenue of $14,891,458,272 (Part I, lines 18 and 12), so revenue exceeded expenses by $566,314,472. Expenses were $13,778,960,002 for the fiscal year ending December 2023, so they rose 4.0%. The CEO's pay of $4,888,096 equals 0.03% of expenses, our calculation.
From the 3 Form 990 returns Mayo Clinic filed with the IRS for fiscal years ending 2022 to 2024. The latest full-year return was filed on November 14, 2025. Schedule J of the fiscal year ending December 2024 return breaks down pay for all 5 people in the pay breakdown above.