Pay day
Submitted by James on Mon, 02/01/2010 - 9:36am
After eleven years working like crazy to grow the biggest health insurance business in North Carolina, Bob Greczyn is retiring. Too bad he didn't spend those eleven years working like crazy to reform America's out-of-control healthcare system. Money talks.
Chief executive officer Bob Greczyn's last day on the job at Blue Cross and Blue Shield of North Carolina is Monday. He'll be succeeded by Brad Wilson, a former Lenoir lawyer who was former Gov. Jim Hunt's top legal adviser before joining Blue Cross in 1995.
Blue Cross last week declined to release details of Greczyn's retirement package. His compensation was nearly $4 million in 2008, the last year the not-for-profit company made available.
Sounds like a candidate here
Maybe BCBSNC can take advantage of the new BlueNC Candlestick program. I mean they do meet the criteria, right?
"Blue Cross last week declined to release details of Greczyn's retirement package. His compensation was nearly $4 million in 2008, the last year the
company made available." (Source)
The new director might need a little extra in that paycheck, ya think? :)
(Yeah, I'm still grumpy. Getting cabin fever).
Amazing that they can be non-profit!
Having been a volunteer for a veterans group as their finance officer, I was well aware of the transparency rules of reporting records and transactions. SO when they say the last year a report was made available was 2008, I have to wonder if they are refusing, or maybe just haven't completed a report?
Bonuses Keep Comin'
Thank you Bob G. for doing such a good job in growing the NOT-FOR-PROFIT company at the expense of the residents and state workers of the State in which you prosper. Thanks for costing the hard working people of NC more $$$ out of their already small paychecks. But, hey ... your employees continue to get yearly bonuses. Many thanks as we state workers pay even more towards premiums for the 2010 fiscal year, with less benefits, higher deductibles and higher co-pays.