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St. John's Medical Center Appoints New CEO (April 26, 2012)
The Board of Trustees of the Teton County Hospital District is pleased to announce that Louis Hochheiser, MD has been appointed as the new Chief Executive Officer of St. John's Medical Center (SJMC) in Jackson, WY. Dr. Hochheiser's employment is effective June 18, 2012. In his role, Dr. Hochheiser will be responsible for the management of all SJMC business matters and operations, including the hospital, the Living Center and St. John's physician services clinics. Dr. Hochheiser's selection and the terms of his employment contract were unanimously approved by board resolution in a public meeting of the Trustees on Wednesday, April 25. "Dr. Hochheiser was selected for his demonstrated leadership abilities, his deep understanding of healthcare issues and his knowledge of the community's health needs," stated Board Chairman Michael Tennican. "We're very pleased that Lou has accepted the offer to lead our team."
"It's with great pride that I accept the position," said Dr. Hochheiser. "I appreciate the opportunity to help make St. John's the center of health and wellness for this community. I look forward to working with such a well-respected medical staff, our exceptional hospital staff, the administration and the board."
The execution of the CEO employment agreement marked the culmination of a five-month recruitment process led by the board’s Search Committee and assisted by hospital staff, physicians and community members who participated in the interview process. Contract terms were developed using compensation data for the CEO position in hospitals of comparable size and were incorporated in an agreement prepared by an attorney hired by the Trustees for that purpose. Key contract provisions include a two-year term, which can be extended by mutual agreement of the board and Dr. Hochheiser, a base salary of $325,000 per year and incentive compensation at the board's discretion for meeting agreed upon goals.