Victor Politi, MD, who was fired April 18 from his role as president and CEO of East Meadow, N.Y.-based Nassau University Medical Center, received a $214,893 separation package, according to Newsday.
Here are five things to know.
1. NuHealth, the public benefit corporation who oversees NUMC, voted unanimously — 9 to 0 — to oust Dr. Politi in a three-hour executive session April 18. Earlier that day, the board voted to restructure leadership at the hospital.
2. Dr. Politi, who received an annual salary of $368,387, was immediately asked to relinquish his keys, identification cards and electronic devices owned by NuHealth. At the time of his firing — a decision that Dr. Politi's attorney called a "gross violation of due process" — Dr. Politi was told the decision would not include severance pay beyond 60 days.
3. Under the separation agreement, Dr. Politi will receive $214,893 in severance pay, which covers seven months of his annual salary. He also waived his right to additional compensation from NuHealth.
4. The agreement also includes a "covenant not to sue" and a "mutual nondisparagement" clause, which prevents the company and the executive from making any belittling public statements.
5. Under the agreement approved May 3, Dr. Politi, instead of being fired, will have resigned in the eyes of the board. Effective the date of the agreement, "ending your employment will be deemed rescinded and you will be deemed to have voluntarily resigned your employment," the pact states, according to Newsday.