Traverse City Record-Eagle

June 21, 2013

Coming Saturday: Munson execs took salary freezes in 2011

Traverse City Record-Eagle

— TRAVERSE CITY — It’s the ex-job that keeps on giving.

Munson Healthcare’s former president and CEO collected $599,144 in severance pay in 2011, a year after his sudden resignation, according to tax returns recently released by nonprofit Munson Healthcare.

Meanwhile, Munson executives — vice presidents and higher — both proposed and accepted a freeze of their base wage for 2011, while most other Munson employees received single-digit raises, said Munson Healthcare Board Chairman Dan Wolf.

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