As of 5 p.m. today, only a single member of the Memorial Board of Trustees offered his resignation. The other seven refused to step down.
Continue reading …The Colorado Springs City Council unanimously asked the entireMemorial Board of Trustees – minus Memorial Chief of Staff Karen Anthony – to resign by 5 p.m. tomorrow or face removal by the City Council.
Continue reading …The Colorado Springs City Council will meet today at 4 p.m. and possibly take action to remove the Board of Trustees at Memorial Health System – and undo exiting CEO Larry McEvoy’s severance package.
Continue reading …Memorial’s Board of Trustees voted to keep outgoing CEO Larry McEvoy’s compensation package exactly the same.
Continue reading …Outgoing Memorial Health System CEO Larry McEvoy is a little surprised by the outcry and controversy over his $1.5 million severance package. After all, he said, City Council was consulted along the way, as was City Attorney Chris Melcher. “I’m surprised by the concern from some quarters,” he said. “The board was following industry standards [...]
Continue reading …Despite the calls for dissolving the Memorial Health System board and the outrage about CEO Larry McEvoy’s $1.15 million severance package. experts say it is not out of line with industry standards.
Continue reading …Outgoing CEO Larry McEvoy will receive a total severance package of $1.5 million, under term of an agreement still to be finalized by the Memorial Health System Board of Trustees and McEvoy.
Continue reading …While Memorial Health System is working to settle its governance issues, Penrose St. Francis Health Services is forging ahead with a strategy to grow its regional market share.
Continue reading …Memorial CEO Larry McEvoy will leave the hospital system May 4, and be replaced by CFO Mike Scialdone on an interim basis.
Continue reading …Credit-rating giant Moody’s downgraded Memorial Health System’s outlook from stable to negative last week, and even though the hospital has retained its A3 bond rating, it could still spell trouble down the road. A negative outlook could affect Memorial if it were seeking to borrow money, said Allan Roth, a local investment specialist and contributor [...]
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