Estimated Net Worth
- $639 K - $2.1 M
Salary
- Unknown
Employment
- Started 07/21/2022
Financial Disclosure Details - OGE Form 278e (03/02/2022)
Positions Held Outside United States Government
# | Organization | City | Position | To |
|---|---|---|---|---|
1 | University Hospital, Newark | Newark, New Jersey | President and CEO | Present |
2 | Newark, New Jersey | Board Member | Present | |
3 | New Jersey Hospital Association | Princeton, New Jersey | Board Member | Present |
4 | America's Essential Hospitals | Washington, District of Columbia | Board Member | Present |
5 | Hospital Alliance of New Jersey | Trenton, New Jersey | Board Member | Present |
6 | New Jersey Health Care Quality Institute | Princeton, New Jersey | Board Member | Present |
7 | Rutgers New Jersey Medical School | Newark, New Jersey | Clinical Associate Professor | Present |
8 | Washington, District of Columbia | Landing Team Member for the Department of Veterans Affairs | 1/2021 |
Employment Assets & Income and Retirement Accounts
# | Description | Value | Income Type | Income Amount |
|---|---|---|---|---|
1 | University Hospital, Newark | Salary/Bonus | $1,045,065 | |
2 | New Jersey Public Employees Retirement System; defined benefit plan (value not readily ascertainable): upon vesting, eligible for $11,363/mo. at age 60 (University Hospital and the New Jersey Department of Health) | None (or less than $201) | ||
3 | New Jersey Defined Contribution Retirement Plan (University Hospital) | |||
3.1 | Prudential DCP Stable Value Fund | $15,001 - $50,000 | None (or less than $201) | |
4 | Johns Hopkins University School of Medicine 403B Retirement Plan | |||
4.1 | TIAA-CREF Lifecycle 2050 Fund Institutional Class Shares (TFTIX) | $1,001 - $15,000 | None (or less than $201) | |
5 | University Hospital, Newark, anticipated incentive compensation | $100,001 - $250,000 | None (or less than $201) |
Employment Agreements and Arrangements
# | Employer Or Party | City | Status And Terms | Date |
|---|---|---|---|---|
1 | University Hospital, Newark | Newark, New Jersey | I will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions after my separation. | 7/2019 |
2 | New Jersey Department of Health | Trenton, New Jersey | I will continue to participate in this defined benefit plan. | 1/2018 |
3 | University Hospital, Newark | Newark, New Jersey | Pursuant to my employment agreement with the hospital, I am eligible for an annual year-end performance incentive payment if I work the full fiscal year. I am not entitled to this payment for this fiscal year if I depart before June 30, 2022. If I work through June 30, 2022, I am eligible for this payment for work done through June 30th, 2022. This is to be paid by October 31st, 2022 at the latest. | 7/2021 |
4 | Johns Hopkins University School of Medicine | Baltimore, Maryland | I will continue to participate in this defined contribution plan. The plan sponsor no longer makes contributions. | 7/2013 |
Sources of Compensation Exceeding $5,000 in a Year
# | Source | City | Duties |
|---|---|---|---|
1 | University Hospital, Newark | Newark, New Jersey | President and CEO |
Spouse's Employment Assets & Income and Retirement Accounts
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | New Jersey Department of Environmental Protection | Salary | ||
2 | New Jersey Public Employees Retirement System; defined benefit plan (value not readily ascertainable) | None (or less than $201) |
Other Assets and Income
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | U.S. bank (cash) | $100,001 - $250,000 | None (or less than $201) | |
2 | Residential real estate, Vienna, VA | $250,001 - $500,000 | Rent or Royalties | $15,001 - $50,000 |
3 | MassMutual Whole Life Insurance | $100,001 - $250,000 | None (or less than $201) | |
4 | Brokerage account | |||
4.1 | Tencent holdings LTD | None (or less than $1,001) | Capital Gains | $201 - $1,000 |
4.2 | Energy Select Sector SPDR Fund (XLE) | $1,001 - $15,000 | $1,001 - $2,500 | |
4.3 | Financial Select Sector SPDR Fund (XLF) | $1,001 - $15,000 | None (or less than $201) | |
4.4 | Industrial Select Sector SPDR Fund (XLI) | $1,001 - $15,000 | None (or less than $201) | |
4.5 | iShares Russell 2000 ETF (IWM) | $1,001 - $15,000 | None (or less than $201) | |
4.6 | iShares US Real Estate ETF (IYR) | $1,001 - $15,000 | None (or less than $201) |
Transactions
# | Description | Type | Date | Amount |
|---|---|---|---|---|
Nothing reported in this section | ||||
Liabilities
# | Creditor | Amount | Incurred | Term |
|---|---|---|---|---|
1 | Wells Fargo | $250,001 - $500,000 | 2016 | 30 years |
2 | Fulton Bank | $500,001 - $1,000,000 | 2019 | 30 years |
3 | Chase Bank | $10,001 - $15,000 | 2022 | Revolving |
Gifts and Travel Reimbursements
# | Source Name | City | Description | Value |
|---|---|---|---|---|
Nothing reported in this section | ||||
Endnotes
Section | # | Description |
|---|---|---|
Nothing reported in this section | ||
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