Board accepts committee's recommendation not to award CEO bonus; launches RFP-based CEO search process

The CEO performance review committee reported it completed its evaluation for the fiscal year ending June 2025 and unanimously recommended to the full board that no bonus be awarded to the outgoing CEO for that period.

"It is our committee's unanimous recommendation to the full board to not move forward with a bonus," Miss Smith told the board, citing financial performance, audit issues and cultural context as committee considerations. The committee's recommendation was seconded and adopted by the full board; board counsel said the committee had delivered its evaluation and the board could vote on acceptance of the recommendation.

Separately, the CEO search committee reported that Metro Legal advised the board it must conduct a public request-for-proposals (RFP) process to hire an executive search firm rather than relying on an existing contract. The procurement team and hospital procurement were working on a draft RFP and the committee said the goal was to post the RFP on the public site within about 10 days. The RFP process was described as a 2-3 month activity that includes issuing the RFP, evaluating proposals, interviewing finalists and selecting a search firm to lead recruitment and community engagement for a permanent CEO.

Provenance: The CEO performance review committee report and the CEO search committee update were presented during committee reports; the full board voted to accept the performance committee's recommendation and to proceed with an RFP-based search process.