Day Kimball Healthcare CEO Bob Smanik steps down

Putnam, Conn.-based Day Kimball Healthcare President and CEO Bob Smanik has resigned, effective immediately, according to The Norwich Bulletin. He had served at nonprofit organization's helm for 10 years.

The hospital has not disclosed the specific reason for Mr. Smanik's resignation. However, the report notes that Joseph Adiletta, chairman of the organization's board of directors, said in a statement, "Bob led our organization through some very challenging times, helping us to navigate through historic health care reform and battling through financial challenges. Day Kimball is thankfully now in a better place and it's time to move on to the next phase of our evolution. Both Bob and our board agreed that the organization would benefit from a fresh perspective in that effort. The board of directors thanks Bob for his dedication and service to Day Kimball and we wish him the best in his future endeavors."

Mr. Adiletta is slated to take over as interim president and CEO, until Day Kimball appoints a permanent successor. He has served as chairman for four years.

Day Kimball Healthcare has seen some uneven years with regard to financial operation. The organization lost $6.3 million in 2015, and announced $7 million in cost cutting measures late in 2015, according to The Norwich Bulletin. Earlier this year, the organization implemented a number of job and budget cuts, which included a workforce reduction equivalent to 23 full-time positions.

In August, Day Kimball Healthcare chose Paul Beaudoin to serve as its new CFO.

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