Assemblyman Luis Alejo (D-Salinas) created the bill, AB 2115, after his district’s health system, Salinas Valley Memorial Healthcare System, awarded former CEO Sam Downing a $4.9 million retirement package last year in addition to his $150,000-per-year pension.
If the Senate passes the bill and Gov. Jerry Brown signs it into law, the compensation standards would go into effect Jan. 1, 2013.
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