OK, so the Antelope Valley Press titled "Hospital CEO, CFO submit resignations" provides very little detail but serves as a reminder that nonprofit boards must get one fiduciary decision correct or face severe consequences, hiring an executive to address the day-to-day mission activities. This board
The District Board first met in closed session on Oct. 15, emerging after two hours, to continue the meeting at 6:30 a.m., on Oct. 17. Although the Board’s discussions were not made public, comments from the public made prior to the closed session, alleged embezzlement, bullying and retaliatory tactics by Wall.
Also mentioned were staff reductions made earlier this year, which impacted some 300 employees, while the CEO received a pay raise a year into his four-year contract.
On the afternoon of Oct. 16, Wall issued a statement to hospital staff refuting allegations made during the public comment period, calling such statements “outright falsehoods and partial truths.”
On Oct. 17, both Boards met in the early morning session, which resulted in the decision to place Wall on paid administrative leave, while an investigation continues.
But for some reason, this one task of the board appears to provide multiple challenges.
The CEO in question and now "out" "was hired by the Antelope Valley Healthcare District Board under a four-year agreement in January 2017, following a Board turnover in the November 2016 election that led to the ouster of Alecto Healthcare Services management company, after 13 months. The CFO was hired in March 2017.
On the other hand, perhaps the board should be complimented on recognizing that their first decision just didn't turn-out to be what it hoped.