McEvoy, the former CEO of Memorial Health System, still hasn’t been paid the entire 18 months severance pay — or $1 million — under a controversial separation package that the former Memorial Board of Trustees approved before being removed from office.
“To date, the only separation-related payment that has been made to Dr. McEvoy is the six-month severance payment of $335,005, which was made in May,” Memorial spokeswoman Cari Davis said in an email.
What’s the holdup?
“I don’t know,” Davis said.
The City Council decided to honor the terms of the agreement rather than embark on a potentially costly legal battle.
Under the agreement, McEvoy will receive 18 months severance pay, a 2007 Toyota Camry Hybrid and $20,000 to help find a new job.