IE Business Daily Business news for the Inland Empire.
The former chief executive officer of Riverside County Regional Medical Center will receive a $900,657 payment for leaving that position.
Doug Bagley will also receive a public pension for his time running the county-owned hospital, which was losing an estimated $1 million a week during his last days on the job, according to a report originally published in The Press-Enterprise.
County officials announced the settlement Monday.
The payment provoked an angry response from Supervisor Kevin Jeffries, who said it “gives a black eye to public employees,” and is an example of how badly local and state governments need to reform their pension programs, according to the report.
In September, the county announced that Bagley would step down as the hospital’s CEO by June and be moved to an advisory role. However, Bagley received a “letter of release” earlier this month.
Bagley was one of the highest-paid county officials, with a base annual salary of $347,942 at the time of his departure, according to the report.
