Boston's Beth Israel CEO Paul Levy Fined $50K
May 04, 2010
The board of Boston's Beth Israel Deaconess Medical Center has fined CEO Paul Levy $50,000 for an improper relationship with a female staffer who has since left the hospital, according to a report by the Boston Globe.
While outside legal council determined Mr. Levy did not violate hospital policy, Board Chairman Stephen Kay said in a statement that "over time the situation created an improper appearance and became a distraction within the hospital."
The board also voted to take the incident into account when determining Mr. Levy's compensation for 2011. Mr. Kay's statement did not suggest that it would replace Mr. Levy, stating, "the board again expressed its full support and confidence in his continued leadership, and considers this matter closed."
Read the Boston Globe's report on Paul Levy.
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