30
HEALTHCARE
NEWS
30
ADVERTISINGINDEX
Note: Ad page number(s) given in parentheses
Enovis. enovis.com/motionmd / enovis.com/oarascore (pg. 11)
HealthTrust. advantagetrustpg.com (pg. 32)
National Medical Billing Services. nationalascbilling.com / (866) 948-8001 (pg. 2)
Stryker. stryker.com/asc (pg. 31)
Surgical Notes. surgicalnotes.com / (800) 459-5616 (pg. 21)
Zimmer Biomet. zimmerbiomet.com (pgs. 3, 22-23)
CEOs' political beliefs sway some directors to
leave: Study
By Alexis Kayser
I
f incoming CEOs are not on the same side of the political aisle as
the directors on their new boards, exits might ensue, according to a
recent study from the University of Notre Dame (Ind.).
Researchers analyzed directors on the boards of publicly traded
firms between 2008 and 2012. ey examined the Federal Election
Commission's individual political donation records to estimate
political ideology scores for each director and incoming CEOs.
eir results showed that directors who disagree politically with a
new CEO are more likely to leave the board, while directors who agree
with the new CEO are more likely to stay.
However, political disagreements are more likely to spur exits than
agreements are to guarantee retention. For example, a liberal director
is more apt to leave once a conservative CEO is appointed than a
conservative director is apt to stay.
"Broadly speaking, the study reveals that individuals tend to internalize
political 'hatred' or intolerance more than they do acceptance," wrote
Shannon Rodel in an article for the university's Mendoza College of
Business.
Additionally, the study found that when a political disagreement
occurs, it is less likely to cause an exit if the two parties have some
experience with one another and "can evaluate each other on other
merits," according to John Busenbark, PhD, assistant professor of
management and organization at the university. n
Massachusetts hospital CEO to retire
By Kelly Gooch
Joseph "Jody" White will retire in 2023 as CEO of Lowell
(Mass.) General Hospital.
Mr. White plans to retire in September after more than 20
years of leadership at the facility, according to a Feb. 23
news release.
Mr. White joined Lowell General in 2003 as executive vice
president and COO. He then served as president of the
hospital, beginning in 2013. He became CEO of Lowell-
based Circle Health and Lowell General in 2017.
During his tenure, Wellforce changed its name to Tufts
Medicine in March 2022.
Burlington, Mass.-based Tufts Medicine comprises Tufts
Medical Center, Lowell General, MelroseWakefield
Hospital, Lawrence Memorial Hospital of Medford, a home
care network and an integrated physician network.
Amy Hoey, BSN, RN, is president of Lowell General.
n
