The St. Thomas-Elgin General Hospital board of governors today (Oct. 12) signed CEO Paul Collins to a five-year contract. City Scope will offer comment Saturday. In the meantime here is the release in its entirety from the hospital. Note: the board of governors took great pains to advise Collins will remain at last year’s salary. What the board did not come clean on is the fact his salary will be reviewed next year …
St. Thomas, ON – The St. Thomas Elgin General Hospital (STEGH) Board of Governors approved a new final agreement for current CEO Paul Collins, which runs through October 2016.
Collins’ salary remains the same as last year. The hospital is paying his salary but has not, and will not, contribute to a pension fund or any other investment fund subsequent to his employment status change in June 2010. This arrangement is saving money for the hospital. Terms state this is the final employment agreement that will be negotiated with Collins.