Forum Health creditors object to pay for interim CEO, consulting firm

YOUNGSTOWN — Forum Health’s unsecured creditors object to the health-care system’s plan to hire an interim CEO for $75,000 a month plus expenses and the retention of a second consulting firm to locate the candidate.

In its motion filed Friday in U.S. Bankruptcy Court Northern District of Ohio Eastern Division, the Official Committee of Unsecured Creditors said Forum previously was authorized hire Huron Consulting Services to find a chief restructuring officer and had no need to hire a second consulting firm, FTI, to provide an interim CEO.

A hearing in bankruptcy court before Judge Kay Woods on the hiring of the CEO is scheduled for 10:30 a.m. Tuesday.

For the complete story, see Tuesday’s Vindicator and Vindy.com