Mr. Bagley will retire as CEO next June. Originally, after June, he had planned to help the Riverside County Regional in an advisory role, but that is no longer the case, according to the report. Reasons were not disclosed as to why plans changed.
The payout was laid out as six months severance ($173,971), accumulated time off ($293,743) and retirement benefits ($410,720). Another $22,223 was added to Mr. Bagley’s total for being a “temporary employee before becoming administrator,” according to the report.
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