Recent IRS tax filings for 2024 (see below) show that the TMH Board approved a $1.3 million annual raise for TMH CEO Mark O’Bryant in 2024 bringing his annual compensation to $3.1 million.
The IRS document addressing TMH’s financial activities for 2024 was filed on August 14, 2025.
TMH officials have indicated that the TMH Board of Directors conducts an annual evaluation, and a comprehensive executive compensation review every two years.
TMH officials – in an email to TR – stated that the increase in 2024 was related to “a one-time payout from his enhanced retirement plan.” Officials have yet to confirm the 2025 compensation.
FSU, TMH Salaries
In May of this year, the Tallahassee Democrat addressed the compensation of FSU President Richard McCullough and O’Bryant amid the negotiations between FSU and TMH related to the academic medical center.
The report noted McCullough’s annual base salary is $1.1 million and that the FSU board may award him an annual performance bonus of up to 50% of his salary earned.
The Democrat reported that “TMH declined to provide the full compensation for O’Bryant or a breakdown of his specific goals.” The report cited a 2023 tax document stating, “O’Bryant makes nearly $1.8 million a year across his base pay, nontaxable benefits, retirement, other reportable compensation and bonuses and incentives.”
“This ensures we remain competitive in attracting and retaining experienced, high-performing leadership,” said Stephanie M. Derzypolski, the hospital’s chief communications officer.
“All compensation decisions are informed by market data and closely tied to performance outcomes that reflect TMH’s mission, patient experience, quality, fiscal responsibility, and long-term strategic goals,” Derzypolski said.
TMH 2024 IRS FORM 990
TMH Board Approves $3.1 Million Compensation Package for CEO Mark O’Bryant, a $1.3 Million Annual Increase added by Staff on November 7, 2025
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