fbpx

Corporate governance expert sees issues at Broward Health

Last week, I wrote a blog about how the selection of a new CEO is sparking yet another controversy at Broward Health. One issue is that Beverly Capasso, the interim CEO who is being given the permanent job, is under a misdemeanor indictment. Another issue is that the board’s chairman says the appointment violates a promise that the interim CEO wouldn’t get the job permanently. Finally, former Broward Health board member Joseph Cobo told the Sun Sentinel the hiring process was a a sham and the plan was always to give Capasso the job.

It was time for me to call Betsy Atkins, an SFBW columnist and corporate director who wrote the third edition of the instructive and engrossing book, Behind Boardroom Doors: Lessons of a Corporate Director. The Coral Gables resident has credibility from serving on the boards of Cognizant, HD Supply, SL Green Realty and Schneider Electric. She is also a member on the board of Volvo Cars and the SAP Advisory Board.

I asked Atkins to share her thoughts and this is what she sent:

“From a Corporate Governance perspective, putting the indicted interim CEO in place permanently with no view to a new search until 2020 doesn’t put the taxpayers best interests first.  Being in good-standing with the law should be table stakes for even being considered for the job.  Being indicted for alleged violations of the open-meetings laws in Florida, particularly holding a “closed meeting” to fire the previous CEO sounds very Machiavellian.

“While it may be perfectly valid that the four candidates they had previously reviewed were unacceptable, that does not preclude expanding the search and using another search firm to fill the position with a fresh candidate. I would even go so far as to say that a different interim CEO would be a wise move at this point.  Should Ms. Capasso’s case be dropped and she be found innocent, it’s possible she could be included as a candidate in the new search.”

Capasso told Channel 10 investigative reporter Bob Norman that she it was abundantly clear that she had done nothing wrong. Norman asked what happens if she’s convicted, but a video shows Capasso walking away without answering that question.

Norman also got Cobo on the air and he blamed Gov. Rick Scott for not suspending Capasso after she was indicted.

 

 

You May Also Like

Reaching Out

I know that Stephen Garber knows people. The president of Third Level is a seasoned expert on change management, relationship building and quality-of-life issues. He is an international executive coach,

Stephen Garber
SOUTH FLORIDA BUSINESS & WEALTH GOES 2.0

This is the time and this is the page when the new editor-in-chief typically would tell you to get ready for a new SFBW experience—but since you’ve seen the cover,

Are Your Salespeople Taking Shortcuts?

Connor, a software sales rep, had been having a rough day. He’d been bombarded with questions from several customers and gotten behind on work he needed to finish before the

COVID and the Commercial Sector

[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column width=”2/3″][vc_column_text] For South Florida’s vigorous commercial real estate sector, there is a Grand Canyon-size fissure between market conditions on March 1 and

Other Posts

Michael Kors Launches Pop-Up Experience at Joia Beach in Miami

It is open through Memorial Day Weekend.

First Turnkey Resort Condominium Coming to Fort Lauderdale

Groundbreaking of Natiivo is expected in the first quarter of 2025, with a 2028 anticipated completion date.

Konro Delivers Unforgettable Dining Experience in West Palm Beach

The culinary destination is open Wednesday through Saturday with only one seating nightly (6:45 p.m.).

Holy Cross Health Receives “LGBTQ+ Healthcare Equality High Performer” Designation

It is one of 462 healthcare facilities nationwide that have earned recognition.

Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.