Stephen Laverty, who is the former Northeast Health System president and ceo collected more than 1 million dollar from the hospital where he was fired. The golden parachute included a settlement package of more than a year of salary plus one month. But according to public disclosure documents, the Laverty golden parachute could have been larger.
When a journalist called Stephen Laverty, he said: “ I have no understanding of what you are talking about.” A spokeswoman of the Northeast health system said she couldn’t give more information about this case. Everybody had to maintain silence.
Laverty kept strained relations with politicians and had a lack of communication with the public. He also didn’t allow the distribution of contraceptives in times of soaring teen pregnancies. These are a few of examples of the management issues of Stephen Laverty. In September 2008, Paul Galzerano a friend of Laverty and a former vice president at Winchester Hospital was arrested on receiving stolen property charges. But this June Mr. Galzerano was accused of bribery charges in an alleged kickback scheme tied to the $50 million expansion of Beverly Hospital.
After Galzerano was arrested, doctors and nurses started to call for Laverty’s lay off. Since the resignation, the relations between employees and management are fine, but the financial debt isn’t.
Bram T'Hooft
source: http://www.gloucestertimes.com/local/x1899098808/Laverty-got-1M-golden-parachute
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