Mayo Clinic CEO salary and executive pay
Mayo Clinic paid its CEO, FARRUGIA MD GIANRICO, $4,888,096 for the fiscal year ending December 2024. That is up $578,391 (13.4%) from the fiscal year ending December 2023. Mayo Clinic ranks 61st of 148 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: 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; DRUCKER PAUL E (DIRECTOR/CEO/PRESIDENT), $271,661.
- Total revenue
- $14,891,458,272
- CEO pay vs. peers
- Higher than 1%
Source: Form 990, fiscal year ending December 2024, IRS object ID 202523189349303887.View the filing
Peers: the 120 other hospital systems on this site. Ranked 119th of 121 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 |
|---|---|
| FARRUGIA MD GIANRICO 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 |
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 | FARRUGIA MD GIANRICO CEO DIRECTOR/CEO/PRESIDENT | $4,888,096 | $14,891,458,272 | Filing |
| Dec 2023 | FARRUGIA MD GIANRICO CEO DIR/CEO/PRES/FORMER OFFICER | $4,309,705 | $13,970,744,790 | Filing |
| Dec 2022 | FARRUGIA MD GIANRICO 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 |
| FARRUGIA MD GIANRICODIRECTOR/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 61st of 148 hospital systems by CEO pay.
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
Northwestern Medicine$8,174,061 (CEO), fiscal year ending Aug 2025
Banner Health$13,535,312 (CEO), fiscal year ending Dec 2024
Common questions
FARRUGIA MD GIANRICO (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). Mayo Clinic ranks 61st of 148 hospital systems on this site by CEO pay.
The CEO, FARRUGIA MD GIANRICO, was the highest-paid person on the latest return, at $4,888,096. Next was THIELEN MD KENT R (DIRECTOR/CHAIR/CEO FL), at $3,206,799. On the latest return, 128 people were paid more than $500,000, 30 of them more than $1 million.
Mayo Clinic paid its CEO, FARRUGIA MD GIANRICO, $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 FARRUGIA MD GIANRICO, paid $3,720,342. By fiscal year end: December 2022, $3,720,342 (FARRUGIA MD GIANRICO); December 2023, $4,309,705; December 2024, $4,888,096.
From the 3 Form 990 returns Mayo Clinic filed with the IRS for fiscal years ending 2022 to 2024. Schedule J of the fiscal year ending December 2024 return breaks down pay for all 5 people in the pay breakdown above. The methodology page explains how they're chosen.