Health Care Group Scorches its Execs
Health Care Group Scorches its Execs
TUCSON (CN) - A nonprofit behavioral health care group claims two executives paid themselves exorbitant salaries and wasted millions of dollars of taxpayer money that should have gone to impoverished sufferers of mental illness.
Southeastern Arizona Behavioral Health Services, one of three members of the Community Partnership of Southern Arizona (CPSA), sued the partnership's CEO Neal Cash and CFO Charles Andrade in Pima County Court, alleging breach of contract, bad faith and breach of fiduciary duty.
"Just in fiscal years 2007, 2008 and 2009, defendants gave away $1,711,585 of corporate assets to subcontractors (extra-contractual compensation), and other entities for uses other than CPSA's express purpose of managing behavioral health services in Cochise, Graham, Greenlee, Santa Cruz and Pima Counties," the complaint states. (Parentheses in complaint.)
During that time, Cash made more than $1.3 million in salary and benefits, and Andrade made more than $1.2 million, according to the complaint.
The executives allegedly spent nearly $800,000 on travel, $614,000 on "convention expenses," $204,000 on lobbyists and $408,000 on lawyers.
http://www.courthousenews.com/2012/01/05/42776.htm
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