Local Politics · Broward County
Broward Health Districts Approve CEO Pay of Up to $3.85 Million
Broward County's Memorial Healthcare System and Broward Health boards unanimously approved a new compensation agreement for Shane Strum, CEO of both taxpayer-funded health systems, providing up to $3.85 million in total annual cash compensation. The pay is retroactive to Sept. 2, when the boards named Strum permanent CEO after two years as interim, and includes a $2.66 million base salary plus up to a 45% performance incentive bonus. Healthcare consulting firm SullivanCotter placed the compensation at the 75th percentile for salary among similar hospital CEOs. Broward Health declined to release Strum's W-2 wages, saying they are exempt from public records laws, unlike other Florida public hospitals queried by the Sun Sentinel. Strum has led Broward Health since March 2021 and oversees combined operations generating approximately $5.6 billion in annual revenue from 10 hospitals.