Non-Profit Social Responsibility - A Blog by Paul Klein

In addition to some lively feedback (positive and negative) to my recent post about the The Bay’s current Think Pink campaign, I also heard from a number of people in the last week about the $2.7. million g0lden parachute that the SickKids Foundation gave former president Michael O’Mahoney (as it was reported in the Toronto Star, the $2.7M included his final salary of $600,000 and $2.1M in “incentive payments” and money to compensate him for leaving before the end of his contract).

People I know in the corporate and non-profit sectors were shocked to find out how much Mr. O’Mahoney received wondered how the board of directors at SickKids could have agreed to such as high salary (reported as being more that the president of SickKids Hospital) and severance.

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