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Jefferson paid its former CEO a record $8 million in 2022

Most of the former CEO's pay came from a $5 million retention payment and nearly $1 million in severance.

Stephen K. Klasko, shown on the campus of Thomas Jefferson University in Philadelphia in 2021, was the Philadelphia region's highest-paid nonprofit health-system CEO in 2022. He retired at the end of 2022 but remained as an adviser through June of 2022.
Stephen K. Klasko, shown on the campus of Thomas Jefferson University in Philadelphia in 2021, was the Philadelphia region's highest-paid nonprofit health-system CEO in 2022. He retired at the end of 2022 but remained as an adviser through June of 2022.Read moreTOM GRALISH / Staff Photographer