Property-Liability Trust hires Local Government Center executive
Parker, who has been with LGC for 24 years and is the chief operating officer for HealthTrust, was given a three-year contract with an annual salary of $175,500. She starts her new job Monday.
However, the organization’s state regulator, Bureau of Securities Regulation Director Barry Glennon, said the move reflects an on-paper-only separation of the entities because Parker will continue in her role as chief operating officer of HealthTrust on a contracted, interim basis.
Parker inherits an organization that is still wrestling with how to make a $17.1 million payment that was required under an order issued last year by hearing officer Donald Mitchell. The money was deemed to be improperly taken from HealthTrust over a decade and used to subsidize a money-losing workers’ compensation program.
“We’re working on that now,” Pavlicek said.
Parker, whose contract has provisions for severance pay should PLT become insolvent, said she will work with the PLT board to come up with a solution.
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