New CEO Schramm signs Rice contract of $250K
WILLMAR -- Michael Schramm signed a contract Wednesday, officially becoming the new chief executive of Rice Memorial Hospital.
The employment agreement gives him a $250,000 annual salary, plus an annual performance incentive of $10,000 this year and $20,000 in following years.
Schramm, 38, was selected last month for the top position at the city-owned hospital. He has been the chief executive at Meeker Memorial Hospital in Litchfield for the past seven years.
Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.
You will need your subscription account number and phone number. Not sure if you have an account? Email us at firstname.lastname@example.org and we can help you.