Medical College of Wisconsin president salary and executive pay
Medical College of Wisconsin paid its president, John R Raymond Sr MD, $1,947,303 for the fiscal year ending June 2025. That is up $222,658 (12.9%) from the fiscal year ending June 2024. Total revenue on that return was $1,758,334,139, up 9.4% from $1,607,441,142 for the fiscal year ending June 2024. Medical College of Wisconsin ranks 39th of 137 universities on this site by president's pay. Medical College of Wisconsin has 4 Form 990 returns on record, for fiscal years ending 2022 to 2025.
Last updated from IRS e-file data. EIN 39-0806261, Milwaukee, WI.
President, fiscal year ending June 2025
$1,947,303
Highest-paid person, fiscal year ending June 2025
$2,581,006Max C Lee MDASST PROF-NEUROSURGERY
- Total revenue
- $1,758,334,139
- Pay vs. peers
- Higher than 32%
Source: Form 990, fiscal year ending June 2025, IRS object ID 202611359349309206.View the filing
Peers: the 131 other universities on this site. Ranked 90th of 132 by top pay as a share of revenue. Pay is 0.11% 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, 21 people were paid more than $500,000, 9 of them more than $1 million.
| Name and title | Total |
|---|---|
| Max C Lee MDASST PROF-NEUROSURGERY | $2,581,006 |
| Michael Edward Mitchell MDCHIEF, PROF-PED CARDIAC SURG | $2,015,466 |
| John R Raymond Sr MD President TRUSTEE/PRESIDENT AND CEO | $1,947,303 |
| Saman Shabani MDASST PROF-NEUROSURGERY | $1,940,879 |
| Abdel Alqwasmi MDPHYSICIAN-HEMATOLOGY/ONCOLOGY | $1,876,647 |
Also paid on the latest return: Joseph E Kerschner MD (SEE SCHEDULE O FOR TITLE), $1,776,799; Matthew Cooper MD (CHIEF, PROF-TRANSPLANT SURGERY), $1,587,542; David King MD (TRUSTEE), $1,252,097; Matthew Lester (EXEC VP-FINANCE & ADMIN, COO), $1,010,278; Deborah M Costakos MD (SEE SCHEDULE O FOR TITLE), $910,634; Cheryl A Maurana PhD (SEE SCHEDULE O FOR TITLE), $848,654; M Aileen Shinaman JD (SR VP-GENERAL COUNSEL/ASST SEC), $748,197; Mara Lord PhD (SR VP-CHF STRATEGY & GRWTH OFF), $728,472; Shelisa Dalton (CHIEF FINANCIAL OFFICER), $702,360; David A Margolis MD (SEE SCHEDULE O FOR TITLE), $687,682; Adrienne Mitchell (SR VP-HR, CHIEF PEOPLE OFFICER), $664,482; Kevin R Regner MD (SEE SCHEDULE O FOR TITLE), $595,432; David Hotchkiss (VP-INFORMATION SERVICES, CIO), $571,380; Jason E Kraiss (VP-INST ADVANCEMENT, CDO), $549,743; Gregory M Wesley JD (SEE SCHEDULE O FOR TITLE), $522,378; and 16 more.
Also listed in Part VII of the latest return, with no pay reported: Elizabeth Brenner (TRUSTEE/CHAIR), Philip B Flynn (TRUSTEE/IMMEDIATE PAST CHAIR), John Donofrio (TRUSTEE/VICE CHAIR), Jacqueline Herd-Barber (TRUSTEE/SECRETARY), Jon D Hammes (TRUSTEE/TREASURER), Christy L Brown (TRUSTEE), Barbara Calkins MD (TRUSTEE), Linda G Gorens-Levey (TRUSTEE), Paul W Griepentrog (TRUSTEE), John M Grogan (TRUSTEE), Nancy Hernandez (TRUSTEE), Ted D Kellner (TRUSTEE), David Lubar (TRUSTEE), Gregory S Marcus (TRUSTEE), Anthony McHenry (TRUSTEE), Chris Miskel (TRUSTEE), Justin L Mortara PhD (TRUSTEE), Janis M Orlowski MD (TRUSTEE), Gil Peri (TRUSTEE AS OF 8/12/24), Warren D Pierson (TRUSTEE), R Jan Pirozzolo-Mellowes (TRUSTEE), Austin Ramirez (TRUSTEE), Kristina M Ropella PhD (TRUSTEE), Steve Schwab MD (TRUSTEE), Rich Tennessen (TRUSTEE), and 2 more.
President's pay by year
Each row is the president on that year's return.
| Fiscal year ending | Name and title | Total | Revenue | Source |
|---|---|---|---|---|
| Jun 2025 | John R Raymond Sr MD President TRUSTEE/PRESIDENT AND CEO | $1,947,303 | $1,758,334,139 | Filing |
| Jun 2024 | John R Raymond Sr MD President TRUSTEE/PRESIDENT AND CEO | $1,724,645 | $1,607,441,142 | Filing |
| Jun 2023 | John R Raymond Sr MD President TRUSTEE/PRESIDENT AND CEO | $1,890,050 | $1,485,866,745 | Filing |
| Jun 2022 | John R Raymond Sr MD President TRUSTEE/PRESIDENT AND CEO | $2,184,620 | $1,613,951,767 | Filing |
How this pay was reported
The parts of each total, as reported on the return for the fiscal year ending June 2025.
Source: Form 990, fiscal year ending June 2025, IRS object ID 202611359349309206.View the filing
| Part VII | Schedule J | |||||||
|---|---|---|---|---|---|---|---|---|
| Name and title | From org | Other | Base | Bonus | Other | Deferred | Nontaxable | Total |
| Max C Lee MDASST PROF-NEUROSURGERY | $2,518,112 | $62,894 | $1,467,893 | $1,025,977 | $24,242 | $27,600 | $35,294 | $2,581,006 |
| Michael Edward Mitchell MD*CHIEF, PROF-PED CARDIAC SURG | $1,951,025 | $64,441 | $1,766,217 | $150,000 | $34,808 | $27,600 | $36,841 | $2,015,466 |
| John R Raymond Sr MDTRUSTEE/PRESIDENT AND CEO | $1,637,184 | $310,119 | $1,204,722 | $374,462 | $58,000 | $280,158 | $29,961 | $1,947,303 |
| Saman Shabani MDASST PROF-NEUROSURGERY | $1,872,699 | $68,180 | $849,978 | $1,022,235 | $486 | $27,600 | $40,580 | $1,940,879 |
| Abdel Alqwasmi MDPHYSICIAN-HEMATOLOGY/ONCOLOGY | $1,808,484 | $68,163 | $877,007 | $930,937 | $540 | $27,600 | $40,563 | $1,876,647 |
These figures come from Medical College of Wisconsin'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 Medical College of Wisconsin compares
Ranked 39th of 137 universities by president's pay.
- Previous in this ranking: 38th, Georgetown University, $1,947,390
- Next in this ranking: 40th, George Washington University, $1,907,439
Closest in revenue among the universities on this site:
Case Western Reserve University$2,148,720 (President), fiscal year ending Jun 2025
Temple University$1,120,249 (President), fiscal year ending Jun 2025
University of Delaware$1,523,193 (President), fiscal year ending Jun 2025
Western Governors University$2,131,084 (President), fiscal year ending Jun 2025
Boston College$0 (President), fiscal year ending May 2025
Common questions
John R Raymond Sr MD (TRUSTEE/PRESIDENT AND CEO) was paid $1,947,303 for the fiscal year ending June 2025: $1,637,184 from Medical College of Wisconsin and $310,119 in other compensation (Part VII columns D and F).
The highest-paid person on the latest return was Max C Lee MD (ASST PROF-NEUROSURGERY), at $2,581,006. That is $633,703 more than the president, John R Raymond Sr MD.
Medical College of Wisconsin paid its president, John R Raymond Sr MD, $1,947,303 for the fiscal year ending June 2025. That is up $222,658 (12.9%) from the fiscal year ending June 2024. The earliest return on record is for the fiscal year ending June 2022, when the president was John R Raymond Sr MD, paid $2,184,620. By fiscal year end: June 2022, $2,184,620 (John R Raymond Sr MD); June 2023, $1,890,050; June 2024, $1,724,645; June 2025, $1,947,303.
Medical College of Wisconsin's return for the fiscal year ending June 2025 reports total expenses of $1,682,301,948 and total revenue of $1,758,334,139 (Part I, lines 18 and 12), so revenue exceeded expenses by $76,032,191. Expenses were $1,584,630,058 for the fiscal year ending June 2024, so they rose 6.2%. The president's pay of $1,947,303 equals 0.12% of expenses, our calculation.
From the 4 Form 990 returns Medical College of Wisconsin filed with the IRS for fiscal years ending 2022 to 2025. The latest full-year return was filed on May 15, 2026. Schedule J of the fiscal year ending June 2025 return breaks down pay for all 5 people in the pay breakdown above.