Aurora Health Care paid Donald Nestor, its former chief operating officer, $8.2 million in salary, bonus and other compensation after his resignation in January 2009, according to the nonprofit health care systems' tax return.
Nestor, considered a key architect in Aurora's aggressive expansion over more than two decades, announced in October 2008 that he would retire at the end of that year. He was paid $2.2 million that year.
Nick Turkal, a physician and chief executive, disclosed the $8.2 million pay package in a message to employees.
"I signed the agreement which ended Don's employment with Aurora, as it was time to move forward with a new culture and new type of leadership," Turkal said in the message. "I believed then, and I know now, that it was the right thing to do for Aurora Health Care."
A change. Maybe putting up hospitals like McDonald's restaurants was beginning to burden the south-east corner of the balance sheet, where it says "long-term liabilities"?
Especially hospitals that aren't exactly drawing people by the zillions--like the one in Oconomowoc, where very little of the building's interior is lit up in the evening?