Montefiore Health System CEO salary and executive pay
Montefiore paid its CEO, Philip O Ozuah MD PhD, $16,690,037 for the fiscal year ending December 2024. That is up $328,408 (2.0%) from the fiscal year ending December 2023. Total revenue on that return was $5,908,041,192, up 16.8% from $5,057,497,655 for the fiscal year ending December 2023. Montefiore ranks 4th of 229 hospital systems on this site by CEO pay. All of Philip O Ozuah MD PhD's reportable pay, $16,639,270, came from related organizations (column E). Montefiore has 3 Form 990 returns on record, for fiscal years ending 2022 to 2024. Also known as Montefiore Medical Center or Montefiore.
See also: Albert Einstein College of Medicine, which reports the same executives on its own return.
See also: Albert Einstein College of Medicine, which files its own return; Philip Ozuah, president and CEO of both, is listed on each return with the same pay from related organizations.
Last updated from IRS e-file data. EIN 13-1740114, Bronx, NY.
CEO, fiscal year ending December 2024
$16,690,037
- Total revenue
- $5,908,041,192
- CEO pay vs. peers
- Higher than 82%
Source: Form 990, fiscal year ending December 2024, IRS object ID 202503189349315680.View the filing
Peers: the 183 other hospital systems on this site. Ranked 33rd of 184 by top pay as a share of revenue. Pay is 0.28% 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 Montefiore Medical Center, the main Montefiore Health System filer. Its president and CEO is paid entirely as pay from related organizations (Part VII column E) on this return, and Albert Einstein College of Medicine lists him with the same figure.
Highest-paid people on the latest return
On the latest return, 9 people were paid more than $1 million and no one else more than $500,000.
| Name and title | Total |
|---|---|
| Philip O Ozuah MD PhD CEO PRESIDENT & CEO | $16,690,037 |
| Robert Michler MDCHAIR-SURG/CARDIOTHORACIC SURG | $4,995,055 |
| Colleen M BlyeEXEC VP & CFO | $4,280,008 |
| Susan Green-Lorenzen RNSYSTEM SENIOR VP-OPERATIONS | $3,118,181 |
| Emad Eskandar MDCHAIR-NEUROLOGICAL SURGERY | $2,053,550 |
Also paid on the latest return: Christopher Panczner (ASST SEC.-SVP & GEN COUNSEL), $1,966,237; Joseph De Rose MD (DIR MIN INVASIVE ROBOTIC SURG), $1,747,582; Daniel Goldstein MD (VICE CHAIR-CARDIOTHORACIC SURG), $1,727,814; Neil Cobelli MD (CHAIR-DEPT. OF ORTHOPEDICS), $1,631,985.
Also listed in Part VII of the latest return, with no pay reported: Catherine Klema (VICE CHAIR), Emanuel Chirico (TREASURER), James M Butler (CHAIR), Alan N Suna (TRUSTEE), Alisa R Doctoroff (TRUSTEE), Allen M Spiegel MD (TRUSTEE), Barry S Blattman (TRUSTEE), Bruce Doniger (TRUSTEE), Daniel R Tishman (TRUSTEE), David B Keidan (TRUSTEE), Douglas F Eisenberg (TRUSTEE), Edwin H Stern III (TRUSTEE), Ellen Breslow Newhouse (TRUSTEE), Gayle F Robinson (TRUSTEE), Helen A Johnson (TRUSTEE), Jay B Abramson (TRUSTEE), Jennie Emil (TRUSTEE), Joel Braun (TRUSTEE), John Heffer (TRUSTEE), John P Gutfreund (TRUSTEE), Jon W Rotenstreich (TRUSTEE), Jonathan A Lipton (TRUSTEE), Lewis Henkind (TRUSTEE), Margaret S Nathan (TRUSTEE), Matthew H Nord (TRUSTEE), and 8 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 | Philip O Ozuah MD PhD CEO PRESIDENT & CEO | $16,690,037 | $5,908,041,192 | Filing |
| Dec 2023 | PHILIP O OZUAH MD PHD CEO PRESIDENT & CEO | $16,361,629 | $5,057,497,655 | Filing |
| Dec 2022 | Philip O Ozuah MD PhD CEO President & CEO | $9,906,213 | $4,590,891,278 | 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 202503189349315680.View the filing
| Part VII | Schedule J | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Name and title | From org | Related | Other | Base | Bonus | Other | Deferred | Nontaxable | Total |
| Philip O Ozuah MD PhDPRESIDENT & CEO | $0 | $16,639,270 | $50,767 | $0 | $0 | $0 | $0 | $0 | $0 |
| Schedule J, from related orgs | $5,348,892 | $7,087,500 | $4,202,878 | $17,000 | $33,767 | $16,690,037 | |||
| Robert Michler MDCHAIR-SURG/CARDIOTHORACIC SURG | $4,944,262 | $0 | $50,793 | $4,940,980 | $0 | $3,282 | $17,000 | $33,793 | $4,995,055 |
| Schedule J, from related orgs | $0 | $0 | $0 | $0 | $0 | $0 | |||
| Colleen M BlyeEXEC VP & CFO | $0 | $4,248,644 | $31,364 | $0 | $0 | $0 | $0 | $0 | $0 |
| Schedule J, from related orgs | $1,972,255 | $1,189,650 | $1,086,739 | $17,000 | $14,364 | $4,280,008 | |||
| Susan Green-Lorenzen RNSYSTEM SENIOR VP-OPERATIONS | $0 | $3,093,931 | $24,250 | $0 | $0 | $0 | $0 | $0 | $0 |
| Schedule J, from related orgs | $944,520 | $460,884 | $1,688,527 | $8,500 | $15,750 | $3,118,181 | |||
| Emad Eskandar MDCHAIR-NEUROLOGICAL SURGERY | $2,005,276 | $0 | $48,274 | $2,004,165 | $0 | $1,111 | $17,000 | $31,274 | $2,053,550 |
| Schedule J, from related orgs | $0 | $0 | $0 | $0 | $0 | $0 | |||
These figures come from Montefiore'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 Montefiore compares
Ranked 4th of 229 hospital systems by CEO pay.
- Previous in this ranking: 3rd, Advocate Health, $25,781,275
- Next in this ranking: 5th, Vanderbilt University Medical Center, $16,481,139
Closest in revenue among the hospital systems on this site:
Allina Health$4,092,093 (CEO), fiscal year ending Dec 2024
Cedars-Sinai$9,076,459 (CEO), fiscal year ending Jun 2025
Ochsner Health$7,011,513 (CEO), fiscal year ending Dec 2024
Highmark Health (Allegheny Health Network)$9,716,380 (CEO), fiscal year ending Dec 2024
OhioHealth$6,546,210 (CEO), fiscal year ending Jun 2025
Common questions
Philip O Ozuah MD PhD (PRESIDENT & CEO) was paid $16,690,037 for the fiscal year ending December 2024: $0 from Montefiore, $16,639,270 from related organizations and $50,767 in other compensation (Part VII columns D, E and F).
The CEO, Philip O Ozuah MD PhD, was the highest-paid person on the latest return, at $16,690,037.
This is Montefiore Medical Center, the main Montefiore Health System filer. Its president and CEO is paid entirely as pay from related organizations (Part VII column E) on this return, and Albert Einstein College of Medicine lists him with the same figure.
Montefiore paid its CEO, Philip O Ozuah MD PhD, $16,690,037 for the fiscal year ending December 2024. That is up $328,408 (2.0%) from the fiscal year ending December 2023. The earliest return on record is for the fiscal year ending December 2022, when the CEO was Philip O Ozuah MD PhD, paid $9,906,213. By fiscal year end: December 2022, $9,906,213 (Philip O Ozuah MD PhD); December 2023, $16,361,629; December 2024, $16,690,037.
Montefiore's return for the fiscal year ending December 2024 reports total expenses of $5,619,420,589 and total revenue of $5,908,041,192 (Part I, lines 18 and 12), so revenue exceeded expenses by $288,620,603. Expenses were $5,003,322,926 for the fiscal year ending December 2023, so they rose 12.3%. The CEO's pay of $16,690,037 equals 0.30% of expenses, our calculation.
From the 3 Form 990 returns Montefiore Health System 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.