The NH Institution out of Justice’s Charitable Faith Unit learned that LRGHealthcare trustees ‘produced misjudgments and you may was indeed as well deferential with the recommendations and you will conclusions’ of your previous President and you may CFO.
A study for the governance out-of LRGHealthcare, and that , provides discovered that this new company’s board out-of trustees “made misjudgments and you can was in fact also deferential toward advice and you can conclusions” regarding one or two long-name executives,” although it particularly said the newest trustees failed to infraction its fiduciary requirements.
This new declaration by the Charitable Trust Tool of your own NH Department off Fairness listed that a long time tenure of the executives – Thomas Clairmont, who had been President to own 25 years, and you can captain financial administrator Henry Lipman, exactly who supported for the reason that part to possess 20 years – had been “ very uncommon from the health industry.”