LMH CEO receives performance evaluation, salary increase
The Lawrence Memorial Hospital Board of Trustees conducted its annual evaluation of hospital President and CEO Gene Meyer and concluded that Meyer has continued to provide excellent leadership for the hospital, the hospital said in a news release.
The board approved a 2 percent salary increase for Meyer, bringing his annual salary to $482,535. This is the same across-the-board pay increase that all LMH employees received this year, a hospital spokeswoman said.
The recent announcement that LMH was named one of the nation’s 100 Top Hospitals by Truven Health Analytics for the third year in a row, along with other recognition the hospital received this past year, supported the board’s evaluation of Meyer’s performance.
Rob Chestnut, chairman of the board, said, “LMH continues to excel in the areas of quality, safety, service, technology and finances under Gene’s leadership. The trustees were particularly impressed with the ongoing emphasis on strong financial management while remaining dedicated to patient safety and quality.”
Carolyn Bowmer, vice president of human resources, said the board consulted several hospital compensation studies in determining the appropriate pay for Meyer. “The amount is consistent with hospital practice to pay all positions a competitive wage,” she said. The Board of Trustees also took into account Meyer’s 18 years of service as CEO of the hospital, along with more than 25 years of experience as a hospital CEO.