FAIRMONT, W.Va. – Just weeks after Fairmont General Hospital’s Board of Directors announced it was filing for bankruptcy, CEO and President Robert Marquardt resigned from the job effective Monday. The board unanimously accepted his resignation.

File photo

Bob Marquardt was president and CEO at Fairmont and CEO at Fairmont General for four years.

Marquardt joined the staff at FGH in July of 2009.

Peggy Coster has been named interim president and CEO of FGH. Michael Lane will serve as the restructuring officer for the hospital while it tries to get it’s finances in order.

Chairman of the Board Mike Martin released a statement saying, “The board would like to thank Mr. Marquardt for his service to the hospital and is excited to continue the important and urgent work of Chapter 11 restructuring process.”

The board is hoping to find a partner to create a “strong strategic alliance” in the next 11 months.

bubble graphic

0

bubble graphic

Comments