Wednesday, April 25, 2007

Canned?...5/2

David Kreye going to the Baptist system in SA???

Didn't realize that he was so fond of Texas, or that Baptist had a CEO spot open. At least Hud didn't come right out and say that he had no prospects and that Davie was quitting for 'personal reasons.' Sounds like Davie was ahead of the power curve.

I guess with the comment retraction of Amarillo as a destination, our western brethren are breathing a sigh of relief.

But, with four CEOs gone in about a twelve month period, one has to wonder about three things:

Why is everyone leaving?
Why do they change CEOs like underwear?
What is it about Essent that is inconsistent with CFOs?


Which begs the question: What's wrong with Essent????

Think about it, in the three plus years, they've lost one hospital, multiple CEOs /CFOs, and fired a good portion of corporate administration. Does anyone think that Hud might be a teensy bit hard to work for?

Quality issues are in play, patients are avoiding the facilities unless they have no choice, and employees are only staying because their families anchor them, not because of any loyalty to Essent.

And now they've discarded any pretense about the board, it's now a 'Hospital Advisory Board'. Let's see what kind of advice Hud takes....

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