Bankruptcy judge gives Forum Health OK to hire interim CEO

YOUNGSTOWN — Forum Health has permission from the U.S. Bankruptcy Court to hire an interim CEO subject to a supplemental filing detailing if the candidate has any potential conflict of interest.

Forum is proposing to hire Charles W. Neumann as interim CEO through FTI Consulting, which the health-care system will pay $75,000 a month through Dec. 31 and on a month-to-month extension thereafter.

Judge Kay Woods, who criticized Forum lawyer Shawn M. Riley for failing to file the document before today’s hearing, said she would grant Forum’s motion to hire Neumann subject to her approval of the supplemental filing. Riley said he would file the document within two days.

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