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Departing CEO of Atlanta hospital may get big payoff

Atlanta Journal-Constitution, July 9, 2008
The interim CEO of Atlanta's Grady Memorial Hospital has a two-year, $1.2 million contract that was put in place shortly before a new hospital board was formed with a mission that included selecting a new chief executive. The new board has announced the four finalists to lead the hospital. The interim CEO, Pam Stephenson, had applied for the position but was not among the finalists. News of the contract has raised questions as to what happens to Stephenson when the new CEO comes on board, which is expected to occur by the end of summer.