Even though the title of trustee, in both for-profit and not-for-profit circles, has accumulated some tarnish in recent years thanks to a string of high-profile corporate meltdowns, there's another side to the story that too often goes untold.
Just the mention of some names-such as Enron Corp., WorldCom, and Allegheny Health, Education and Research Foundation-has become nearly synonymous with failed governance. But at the same time, thousands of trustees at organizations large and small have been working tirelessly and almost anonymously to make sure their institutions are on solid footing-operationally, financially and ethically.
Nowhere is that more evident than in healthcare. Modern Healthcare is proud to present the winners of its annual Trustee of the Year competition, co-sponsored this year by healthcare executive search firm Witt/Kieffer, based in Oak Brook, Ill.
The two trustees profiled on the following pages-one from a healthcare organization with more than 250 beds or more than $75 million in annual revenue and one from a smaller organization-were chosen by the editors of Modern Healthcare. Their names were selected earlier this year from among two dozen nominations submitted by readers of the magazine, and their stories should be a testament to the work of volunteer board members across the country.