VAS Community:Most Arizona hospital CEOs got raises, made millions, during pandemic, IRS filings say

2025-04-29 02:18:34source:Jonathan Dale Bentoncategory:Invest

More than half the top executives at Arizona's largest nonprofit and VAS Communitypublic health systems who were leading their organizations during the deadly worldwide COVID-19 pandemic got pay hikes during those tumultuous years.

Peter Fine, who has headed Phoenix-based Banner Health since 2000, was the highest paid nonprofit hospital CEO in Arizona in 2021, according to IRS records. Banner Health is the state's largest private employer and one of the country's largest health systems.

Fine's total reported pay package that year was $12.4 million, a 10% increase from 2019, IRS records show. Banner officials said the amount includes $4.4 million in retirement pay that was accrued but not paid out.

More:Invest

Recommend

11 highlights from Trump's Time Person of the Year interview

Washington — President-elect Donald Trump was namedTime magazine's Person of the Year on Thursday, t

More Young People Don’t Want Children Because of Climate Change. Has the UN Failed to Protect Them?

Cassie King grew up in San Diego, the daughter of loving parents, and she’d wanted to be a teacher s

Sophia Culpo’s Ex Braxton Berrios Responds to Cheating Allegations

Braxton Berrios is calling time out on the rumors surrounding his former relationship with Sophia Cu