Erlanger gives outgoing CEO Brexler a $728,000 severance package
(Times Free Press) - Erlanger trustees today voted 5-4 to approve a $728,000 severance package for outgoing CEO Jim Brexler this morning.
The vote came less than a month after trustees voted 4-4 against the same severance package.
The hospital announced Brexler's retirement in November. In December, the board approved a resolution to accept Brexler's resignation.
Today's vote comes after months of bad financial news, with the hospital losing more than $6 million since July.
Read more about this story from our news partners at the Chattanooga Times Free Press.