Executives' severance may cost WellStar $2.6M
by Kim Isaza
newseditor@mdjonline.com
Sep 11, 2010 | 5845 views | 31 31 comments | 67 67 recommendations | email to a friend | print
MARIETTA - WellStar Health System could end up paying more than $2.6 million in severance between former Chief Executive Officer Dr. Gregory Simone, and former executive vice president Bonnie L. Wilson, according to their employment contracts.

Simone's base salary was $900,000 per year, according to a WellStar spokesman. His contract, signed June 15, 2007, calls for 24 months of salary if he is terminated, meaning he could walk away with $1.8 million.

Wilson, 56, joined WellStar on Feb. 1, 2005, and earned $428,000 per year as executive vice president and general counsel. Her contract also calls for 24 months of salary as severance, which totals $856,000.

Both contracts, which were received under an Open Records Request, also allow the executives to continue receiving fringe benefits, such as car allowances, for the 24 months. Both contracts also were open-ended, to "continue until terminated."

WellStar's Board of Trustees voted unanimously on Sept. 2 to fire Dr. Simone, 63, effective immediately. The move was a surprise to many, considering Simone's prominence in the community. He also was in line to lead the Cobb Chamber of Commerce next year, which will not happen now.

Randall Bentley, chairman of the board of trustees, declined to discuss the two executives' actual severance packages. Bentley also would not give further details of Simone's firing.

"It's all going to be relating to personnel, and I'm just not going to get into details of timelines or rumors or anything in regards to that," Bentley said Friday.

But when asked whether WellStar - which has more than 9,000 workers and a $1.6 billion budget - had been harmed by something Simone did, Bentley said no.

"I don't think so. I think our future looks very, very bright," he said. "As a matter of fact, Moody's just gave us a AA- rating, which is what we had before (under Dr. Simone), which is very good in today's economy."

The board voted unanimously, 15-0, on Sept. 2, after a four-hour discussion in executive session, to terminate Simone. Two board members - Drs. Thomas Gearhard and Jeffrey Tharp - who are employed by WellStar abstained from the vote, and a third board member, Dr. Robert Warner, was absent.

As for a search to replace Simone, Bentley said the trustees would "probably have everything settle down," and then discuss that during their October meeting.

As to who made the decision to terminate Wilson, Bentley said only that it "was an administrative decision."
Comments
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MariettaBoy
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September 29, 2010
And to think that some MDJ readers believe the City of Marietta should rely solely on WellStar Kennestone to supply city employees and retirees with a health clinic instead of CareHere. After reading this article my response is, NOT!
Mindful
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September 14, 2010
Be mindful that these are real people and real families involved--so speculation and innuendo are dangerous. The truth is, we will never know the entire situation and no one is "entitled." WellStar is a good company, that gives a lot to our community, and is not tax payer funded. I hope the leaders at WellStar learn from this issue and make the adjustments to go outside of themselves to find someone who will continue the good work. And to the whining employees...be glad YOU have a job...a lot of people would love to have your problems.
Another WS Employee
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September 14, 2010
To everyone whining about the "whiners": Do you wonder why people are using this forum as a place to vent? It's because this is the only place they are able to do so without fear of recrimination. When employees are overworked and unappreciated for the job they do, it makes it very difficult to keep their mouths shut. If you bring a complaint to management, you'd better have another job lined up because they will find a way to terminate you. Calling Compliance is risky and no one believes that it is truly confidential. That's the atmosphere we work in. Does management know that there are salaried people who don't need to be accountable for their time and never work a full 40 hour week? WellStar would save a great deal of money if all full time employees who do not work full time were terminated. It's receiving full time salary and benefits for working part time, which is stealing by anyone's definition. It's very hard to stomach such a small "merit" raise and rising benefit costs when you hear about Dr. Simone's and Bonnie Wilson's severance packages. What was the Board thinking when these contracts were signed? Time to wipe the slate clean and put all management, from the Board down, under review. We are ALL professionals, and believe me when I say that patients will still receive the excellent, compassionate care they always have. WellStar IS a great place to work, but it could be much, much better.
Tiredofthewhining
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September 13, 2010
To the Kennestone nurse. Maybe your manager wants you to spend your time doing the job you are being paid for rather than standing around gossiping about things you can't do anything about.
topdog1922
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September 12, 2010
To all of you whining employees at Wellstar Kennestone Hospital. You are over paid for the jobs you do. That is all of you admin types who play no real roll in health care. The others who do work in health care are the real ones who deserve more then they get . You whiners should be glad you even have a job.
the doc
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September 12, 2010
From some of the comments by WellStar staff, I can't believe you have any interest in taking care of sick people. What a bunch of whiners. Here's an idea, if you want to make dr. simone like dollars, spend 4 years in medical school, 3 years in residency, 3 years in a cardiology program, then go back to school for two years and get your MBA. Having worked in other health systems, Simone's salary was less than CEO's at other systems of similar size. If some of you had the ability to read you would understand that his firing is a personnel issue. No different than if one of you whiners were fired, a reputable employer will not divulge the reason for termination. Despite comments from some of the disgruntled employees, I know that most WellStar employees enjoy their jobs and care about our patients. For the disgruntled few...go somewhere else....please.
WeDon'tBelieve
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September 12, 2010
Bonnie Wilson must be a bad luck charm! The day Dr. Lipson died he and Bonnie Wilson attended a Behavioral Health Open House together. They arrived and left together on Dr. Lipson's motorcycle. Fast forward a few years and the next CEO and she are fired at the same time. Stay away from Bonnie if you want to live or keep your job!
wellstar chump
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September 11, 2010
Please no more town hall meeting pep rallies.We know the BS your trying to shove down our throats.Maybe the employees are not as stupid as you take us for.We are sick of it.Is there anybody in the wellstar administration or on the Wellstar board that has the courage to stand up and tell the truth about Simone's firing? Anybody who feels responsible to the community and patients? How can you rationalize such behavior? What gutless "leaders".Please do not ask for our loyalty,or our promotion of your facilities. We will pick up our paychecks, and be aware of the corrupt organization for whom we work.We will do everything for our patients,but nothing in the name of Wellstar.Nice legacy Dr Simone
nurse staff
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September 11, 2010
Simone and Wellstar are a shameful disgrace that have betrayed the community, many employees,and patients for their own benefit.The entire Wellstar management company should be fired and the hospital's control should return to public control.Simone furthermore likely belongs in jail,not with a 1.8 million golden parachute.
boycottwellstar
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September 11, 2010
Boycotting Wellstar, will go to Piedmont or Northside-worth the drive for my health.
life not well lived
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September 11, 2010
If Wellstar has 2 million to spare, why am I, a 10 yr employee, who is not getting a raise this year, donating money from my check each month to the Wellstar Foundation??????
paulding resident
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September 11, 2010
With Dr Simone's 'hush" money looks like he will be running the system into the ground long after he got the boot.Go figure.
Roger Brittain
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September 11, 2010
This is what is wrong with our system. What a pitiful comment on our system.
patient1000
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September 11, 2010
Never heard of this Dr Simone until this week but based on blogs sounds like a shady character .I do know that most anyone with decent insurance goes to Piedmont or Northside..Kennestone is a backwoods last resort if your bleeding out and in the vicinity.Last time I was in the emergency room at Kennestone the waiting room looked like a mix between a homeless shelter,and a convention for crack and meth addicts
cobb doc
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September 11, 2010
Dr Simone was an egotistical, visionless individual who spent millions of dollars on marketing himself while allowing the hospitals he was responsible for to disintegrate.Check out Healthgrades and appreciate how poorly Kennestone and Cobb Hospitals compare to Piedmont,Northside, and Emory hospitals as regards important metrics of quality.Kennestone in particular should be declared a toxic waste dump.If you survive that hospitalization without contracting a life threatening multidrug resistant life threatening infection from your roomate(read yes most rooms are double occuopancy) consider yourself fortunate.I know of no physician who would risk having a family member treated there .Thank you Dr Simone...quite a legacy
need to say
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September 11, 2010
While this is may considered big news in the small town of Marietta, it might be good for you to take a breath and recall who the country is remembering today. It has nothing to do with a fired CEO, board decisions, or disgruntled employees.

Today is about lifting up lives lost in a fireball of misplaced hate and anger. Is what happened to two WellStar executives really that important? If so, try telling that to the widows, parents and children still crying 9 years later.

Big picture people, big picture. WellStar will survive as will the U.S.A. Take your anger and do something beneficial with it.
patient
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September 11, 2010
Why is the Wellstar Board covering up for Dr Simone and his shenanigans unless they too are involved in illegal activity?
nurse manager
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September 11, 2010
The news regarding Dr Simone's severance package after getting fired is all the staff wants to talk about.Most are enraged that Dr Simone was likely fired for inappropriate/unethical/illegal/criminal activities and gets "rewarded" with 1.8 million dollars,benefits,and a red corvette.If Dr Simone had any honor or integrity he would refuse such benefits and donate monies to the nurses's educational fund or some other Wellstar philanthropic entity.But the staff isn't holding their breath waiting for him finally to do the right thing
doctor kennestone
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September 11, 2010
With all of the news this past week there are numerous rumors regarding circumstances that culminated in Dr Simone's abrupt termination.It might serve the hospitals, the staff,the patients,and the citizens well if Wellstar would clear the air ,disclose the entire truth and let the chips fall where they may.
Connie Mack Jr
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September 11, 2010
And the rich simply get richer, while the middle class taxpayer gets stuck with the tab as usual........
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