Clinic Makes More Millionaires, Many of Whom Don't Work There Anymore




Cleveland Clinic added to the roster of people it’s turned into millionaires in 2010, bringing the total to 15, up from 13 in 2009.

MedCity News slogs through the Clinic’s latest tax filing for the scoop, which reveals that CEO Toby Cosgrove made more than $2.3 million in 2010. However, Cosgrove got a smaller raise of only 8 percent, compared to an 11 percent bump in 2009.

The two new Clinic millionaires are neurosurgeon Teresa Ruch, and director of clinical space and equipment integration John Petre.

The most interesting tidbit gleaned from the tax paperwork is that five of the people the Clinic paid over $1 million to in 2010, no longer work there. In fact, former COO David Strand hasn’t worked there since mid-2009 but he was the Clinic’s fifth-highest paid employee in 2010 at $1.3 million. Strand even got an 18 percent raise in 2010,despite not having worked there one day.

MedCity News notes that Strand, who left under somewhat odd circumstances, must have had an attorney who is expert in negotiating severance packages.

We welcome readers to submit letters regarding articles and content in Cleveland Scene. Letters should be a minimum of 150 words, refer to content that has appeared on Cleveland Scene, and must include the writer's full name, address, and phone number for verification purposes. No attachments will be considered. Writers of letters selected for publication will be notified via email. Letters may be edited and shortened for space.

Email us at

Support Local Journalism.
Join the Cleveland Scene Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.

Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.

Join the Cleveland Scene Press Club for as little as $5 a month.