Southcoast Health CEO salary and executive pay
Southcoast Health paid its CEO, David McCready, $1,798,618 for the fiscal year ending September 2025. On the return for the fiscal year ending September 2024, the CEO was Rayford Kruger MD, paid $1,611,294. Total revenue on that return was $1,381,528,208, up 14.8% from $1,203,785,146 for the fiscal year ending September 2024. Southcoast Health ranks 188th of 229 hospital systems on this site by CEO pay. Southcoast Health has 4 Form 990 returns on record, for fiscal years ending 2022 to 2025.
Last updated from IRS e-file data. EIN 22-2592333, New Bedford, MA.
CEO, fiscal year ending September 2025
$1,798,618
- Total revenue
- $1,381,528,208
- CEO pay vs. peers
- Higher than 46%
Source: Form 990, fiscal year ending September 2025, IRS object ID 202622309349302107.View the filing
Peers: the 183 other hospital systems on this site. Ranked 98th of 184 by top pay as a share of revenue. Pay is 0.13% 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, 12 people were paid more than $500,000, 4 of them more than $1 million.
| Name and title | Total |
|---|---|
| David McCready CEO EX-OFFICIO, PRESIDENT & CEO | $1,798,618 |
| Renee Clark Asst Clerk Until12/24)/CLERK (AT 1/25)/EVP COO | $1,424,360 |
| Rayford KrugerFORMER PRESIDENT & CEO | $1,349,066 |
| Wade BroughmanTREASURER, EVP FIN/CFO (UNTIL 12/24) | $1,133,497 |
| James FeenSVP - CHIEF DIGITAL INFO OFFICER | $961,819 |
Also paid on the latest return: Lauren Desimon Johnson (SVP/CHRO), $811,049; Stephen Canessa (SVP EXTERNAL AFFAIRS CCO), $786,374; Ilana Feinerman MD (TRUSTEE), $717,877; Jaqueline Somerville (SVP/CNO), $618,828; Mark Cale (CFO SHG & SVP FIN SHS (UNTIL 9/25)), $599,646; Patricia Buiocchi (SVP POST ACUTE SERVICES (UNTIL 7/25)), $558,014; Stephen Pires (SVP, INSURANCE RISK MGMT (UNTIL 2/25)), $501,943; Jadene Elden (VP REVENUE CYCLE), $374,685; Matthew Shaw (ED - CHIEF INFO SECURITY OFFICER), $359,965; Charles E Cusson Jr (VP ORG CAPTLY AND TALENT MANAGEMENT), $320,712; Tonya Johnson (SVP & COO (UNTIL 6/28/24)), $263,668; Michael Bushell (TREASURER (AS OF 1/25), EVP FIN/CFO), $204,364; Anil Shukla MD (TRUSTEE (AS OF 1/2025)), $175,279; John Mungovan MD (TRUSTEE (UNTIL 12/2024)), $151,995; Keith Hovan (FORMER PRESIDENT & CEO), $115,000; and 1 more.
Also listed in Part VII of the latest return, with no pay reported: Carmen F Sylvester (VICE CHAIR), Christopher Hodgson (TRUSTEE, CLERK (UNTIL 12/2024)), Donald Giumetti (CHAIR), Dennis Fusco (TRUSTEE), Elizabeth Huidekoper (TRUSTEE), Helena Dasilva Hughes (TRUSTEE), Jason Rua (TRUSTEE), Jay S Schachne MD (TRUSTEE), Jonathan L Rounds (TRUSTEE), Judge Phillip Rapoza (TRUSTEE (AS OF 1/2025)), Louis Cabral (TRUSTEE), W Hugh Morton (TRUSTEE).
CEO pay by year
Each row is the CEO on that year's return.
| Fiscal year ending | Name and title | Total | Revenue | Source |
|---|---|---|---|---|
| Sep 2025 | David McCready CEO EX-OFFICIO, PRESIDENT & CEO | $1,798,618 | $1,381,528,208 | Filing |
| Sep 2024 | Rayford Kruger MD CEO PRESIDENT & CEO (UNTIL 1/3/24) | $1,611,294 | $1,203,785,146 | Filing |
| Sep 2023 | Rayford S Kruger MD CEO PRESIDENT & CEO | $1,992,480 | $1,121,349,892 | Filing |
| Sep 2022 | Keith Hovan CEO PRESIDENT & CEO (UNTIL 1/22) | $2,418,356 | $1,019,838,643 | Filing |
How this pay was reported
The parts of each total, as reported on the return for the fiscal year ending September 2025.
Source: Form 990, fiscal year ending September 2025, IRS object ID 202622309349302107.View the filing
| Part VII | Schedule J | |||||||
|---|---|---|---|---|---|---|---|---|
| Name and title | From org | Other | Base | Bonus | Other | Deferred | Nontaxable | Total |
| David McCready*EX-OFFICIO, PRESIDENT & CEO | $1,594,229 | $204,389 | $1,184,674 | $330,000 | $79,555 | $180,000 | $24,389 | $1,798,618 |
| Renee Clark Asst Clerk Until12/24)/CLERK (AT 1/25)/EVP COO | $1,221,168 | $203,192 | $776,964 | $295,800 | $148,404 | $178,803 | $24,389 | $1,424,360 |
| Rayford Kruger*FORMER PRESIDENT & CEO | $1,316,776 | $32,290 | $8,355 | $705,000 | $603,421 | $30,600 | $1,690 | $1,349,066 |
| Wade BroughmanTREASURER, EVP FIN/CFO (UNTIL 12/24) | $1,093,225 | $40,272 | $730,464 | $188,500 | $174,261 | $20,700 | $19,572 | $1,133,497 |
| James Feen*SVP - CHIEF DIGITAL INFO OFFICER | $818,186 | $143,633 | $522,968 | $187,300 | $107,918 | $119,244 | $24,389 | $961,819 |
These figures come from Southcoast Health'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 Southcoast Health compares
Ranked 188th of 229 hospital systems by CEO pay.
- Previous in this ranking: 187th, Children's Mercy Kansas City, $1,803,068
- Next in this ranking: 189th, Akron Children's, $1,791,308
Closest in revenue among the hospital systems on this site:
SSM Health$7,886,813 (CEO), fiscal year ending Dec 2024
Cape Fear Valley Health$1,561,670 (CEO), fiscal year ending Sep 2024
Froedtert ThedaCare Health$5,238,377 (CEO), fiscal year ending Jun 2025
Baptist Health South Florida$5,597,018 (CEO), fiscal year ending Sep 2025
UofL Health - Louisville$1,506,278 (CEO), fiscal year ending Jun 2025
Common questions
David McCready (EX-OFFICIO, PRESIDENT & CEO) was paid $1,798,618 for the fiscal year ending September 2025: $1,594,229 from Southcoast Health and $204,389 in other compensation (Part VII columns D and F).
The CEO, David McCready, was the highest-paid person on the latest return, at $1,798,618.
Southcoast Health paid its CEO, David McCready, $1,798,618 for the fiscal year ending September 2025. On the return for the fiscal year ending September 2024, the CEO was Rayford Kruger MD, paid $1,611,294. The earliest return on record is for the fiscal year ending September 2022, when the CEO was Keith Hovan, paid $2,418,356. By fiscal year end: September 2022, $2,418,356 (Keith Hovan); September 2023, $1,992,480 (Rayford S Kruger MD); September 2024, $1,611,294; September 2025, $1,798,618 (David McCready).
Southcoast Health's return for the fiscal year ending September 2025 reports total expenses of $1,285,336,650 and total revenue of $1,381,528,208 (Part I, lines 18 and 12), so revenue exceeded expenses by $96,191,558. Expenses were $1,109,586,238 for the fiscal year ending September 2024, so they rose 15.8%. The CEO's pay of $1,798,618 equals 0.14% of expenses, our calculation.
From the 4 Form 990 returns Southcoast Health filed with the IRS for fiscal years ending 2022 to 2025. The latest full-year return was filed on August 17, 2026. Schedule J of the fiscal year ending September 2025 return breaks down pay for all 5 people in the pay breakdown above.