Becker's Hospital Review

39 39 CEO/STRATEGY Does KB Home's Reaction to CEO Rant Signal a New Age for Executive Accountability? By Leo Vartorella W hile CEOs of major companies have historically not been held accountable for public acts of bad behavior, with punishments mostly limited to slaps on the wrist, a new era for executive accountability may be emerging, according to The Washington Post. Jeffrey Mezger, CEO of homebuilder KB Home, was caught ranting at his neighbor, comedian Kathy Griffin, in September using obscene and misogynistic language. Instead of simply publicly reprimanding him, KB Home announced it would cut Mr. Mezger's 2017 bonus by 25 percent and would fire him if he exhibited similar behavior in the future. Charles Elson, director of a corporate governance center at the Newark-based University of Delaware, believes the KB Home situation is just one example of a broader shift in the way CEOs are held accountable for their actions. "If you're willing to accept that kind of money, you're giving some- thing up, and it's the separation of your private life and your public life," said Mr. Elson. "They've become quasi-public figures, and the standard by which they're judged is higher." n Quorum Health Board of Directors Member Resigns: 5 Things to Know By Anuja Vaidya A dam Feinstein, a member of Brentwood, Tenn.- based Quorum Health Corp.'s board of directors, resigned, effective Sept. 28. Here are five things to know. 1. Mr. Feinstein noted his decision to resign was due to his other responsibilities, including his role as the managing partner at Vesey Street Capital Partners. 2. He confirmed "his resignation was not the result of any disagreement with the Company with respect to its finan- cial and auditing policies, operations or practices." 3. While on the board, he served as chair of the Audit and Compliance Committee and as a member of the Gover- nance and Nominating Committee. 4. Terry Allison Rappuhn will fill the vacancy. She served as a director of Akorn, a publicly-held specialty pharmaceuti- cal company, since 2015. 5. Ms. Rappuhn served as senior vice president and CFO of Quorum Health Group from 1999 to 2001, after which she served on a number of boards. n 13 Universities Team Up to Enhance Professionalism in Medical Education By Alyssa Rege T hirteen medical schools teamed up to teach future healthcare providers about the importance of medical professionalism, re- ported DrexelNow. According to the American Board of Medical Specialties, "medical pro- fessionalism" encompasses the ethical beliefs and the shared compe- tency standards medical professionals should aim to adhere to. Central to those values are a focus on maintaining an ethical value system, the knowledge and skills necessary for good medical practice and the inter- personal skills necessary to work with patients and colleagues. e 13 medical schools, including Philadelphia-based Drexel University College of Medicine and Pittsburgh-based Perelman School of Medicine University of Pennsylvania, aim to teach students the content and skills of medical professionalism through the use of ProfessionalFormation.org, an online resource created by the Drexel University College of Medicine. e Drexel University College of Medicine received grant funding from e Josiah Macy Jr. Foundation to continue development of the online tool. n Contact us today to get started! 888-416-2409 • bids@eSutures.com In only a few days, you can turn excess inventory into usable capital with our streamlined and simple process. For more information, or to begin the bid process, please call 888-416-2409 or email bids@eSutures.com. Don't let your extra product inventory go to waste! eSutures.com is interested in purchasing your in-date, short-dated and expired products in full selling units, open boxes and even individual, loose units. WE CAN PURCHASE: • Ethicon Suture • Ethicon Endosurgery • Covidien Suture • Covidien Endosurgery • Synthes • Arthrex • Bard • Gore • Masimo • Applied Medical and more! Sell Your Surplus Surgical Inventory to eSutures.com

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