Ousted CA hospital CEO to get nearly $1M severance package



Former El Camino Hospital President/CEO Ken Graham may be out of a job, but he won't be hurting for a paycheck anytime soon. Fired "without cause" by the hospital's board of directors on Wednesday, Graham is now entitled to nearly $1 million in severance pay, according to his contract, which the hospital provided to The Daily News. Specifically, the hospital will pay Graham a lump sum of 18 months' salary when he officially steps down June 30. Based on his annual salary of $632,640, he would receive $948,960. Hospital officials were tight-lipped about their decision to drop Graham. Reached by phone, board Chairman Wesley Alles would only say it was "without cause."
Name:
E-mail:
Website:  
Please enter your comment below:
Please enter the text below:

MOST POPULAR

SPONSORED REPORTS
SPONSORED HEADLINES

SIGN UP

FREE e-Newsletters Join the Council Subscribe to HL magazine

SPONSORSHIP & ADVERTISING

100 Winners Circle Suite 300
Brentwood, TN 37027

800-727-5257

About | Advertise | Terms of Use | Privacy Policy | Reprints/Permissions | Contact
© HealthLeaders Media 2016 a division of BLR All rights reserved.