Sarasota Memorial Hospital’s board approved a lucrative new contract for President and CEO David Verinder on Tuesday, a deal worth more than $12 million with provisions to keep him at the public facility’s helm through 2031.
Under a contract that had two years to go, Verinder earns $1.125 million, with the opportunity to earn up to 35% of his base compensation in addition if he hits certain annual goals. His compensation is reviewed annually at the end of each calendar year with the potential for increase. He also has the chance to earn roughly $750,000 of his base compensation if he hits a set of three-year goals, based on the on-time and on-budget openings of SMH-Venice and the Cancer Tower of the Brian D. Jellison Cancer Center at Sarasota Memoril.
1 month ago Share The board voted on several provisions for Verinder s eight-year contract extension, but could not agree on future consulting service stipulations.
The Sarasota County Public Hospital Board on Tuesday with an 8-1 vote approved several provisions of president and CEO David Verinder’s eight-year contract extension, despite some board members concerns that a 10-year total contract would hobble future boards.
Verinder has worked for Sarasota Memorial Hospital for 15 years and has been president and CEO since 2014 after former CEO Gwen MacKenzie stepped down.
The hospital board in December voted 8-1 to extend his current two-year contract another eight years, contingent on details confirmed at Tuesday’s meeting. His contract otherwise would expire Dec. 31, 2022, but now his new term will expire Dec. 31, 2031.
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Helping Parents Help Kids Learn: How organizations–like Primerrily–are popping up to help parents raise kids with traditional values in a modern world Family
Helping Parents Help Kids Learn: How organizations–like Primerrily–are popping up to help parents raise kids with traditional values in a modern world Min
On this week’s Bespoke Parenting Hour, host Julie Gunlock talks to Rachel Gerli, co-founder of Primerrily, an exciting and much-needed organization dedicated to providing parents educational resources to help push back on the liberal indoctrination that’s become common in the public schools today. Rachel and Julie share their own experiences as moms and homeschoolers and discuss why raising kids with character-building virtues and foundational American values will help them develop into healthy, happy, productive adults.
Darryl Henry.
The unpaid Hospital Board, made up of nine citizens elected by Sarasota County voters to four-year terms, also includes members
Tramm Hudson and
Richard Rehmeyer, MD.
Governing the only public hospital in the region, the board is charged with setting the strategic direction of the organization and serving as good stewards of its financial resources. Each November, the board votes on a new slate of officers from its members.
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Elizabeth P. Diaz and associate
Steven D. Brownlee, MD, both of the Williams Parker law firm in Sarasota, have obtained board certification by the Florida Bar in their areas of specialty, wills, trusts & estates and health law, respectively.