Parkland Reorg Designates Interim Leaders

Branson says a nationwide search for a permanent CEO is underway. The Parkland board hired Korn/Ferry International in June to conduct the search. Branson is hopeful that potential CEO candidates will view the reorganization as positive. "I'm hopeful that we will have made significant progress toward the completion of the CAP and that will be a plus for anyone looking at the job."

Although no timeline for the hire has been released, Royer's current contract as interim CEO is set to expire in September. Royer has come under fire for taking action without board support. His hire for chief implementation officer was reversed by the board. Ron Laxton, who was ultimately hired as an interim COO, reports directly to the board.

Meeting CMS requirements is estimated to cost $25 million. Branson says that while the board is cognizant of its responsibility to be fiscally responsible with the taxpayer's money "we need to do what it takes to make the changes required."