Cost-cutting puts pressure on some CEO salaries, but packages can top $1 million With Maine’s economy spiraling downward and unemployment spiraling up, even hospitals — typically the cornerstones of employment security — are feeling the pain. In response to declining revenues, hospitals large and small have announced cost-trimming measures ranging from canceling magazine subscriptions and curtailing travel expenses to eliminating nonessential health services and even laying off staff. In this atmosphere, the issue of executive compensation can be a touchy one, especially considering that all but one of Maine’s hospitals are nonprofit institutions, accountable to the communities they serve and...