Heart hospital operator MedCath Corp., Charlotte, N.C. said in a news release that Chief Financial Officer Jeff Hintons employment with MedCath has ended immediately. Hinton has served in the position since June 2008. Art Parker, the companys senior vice president of finance and development, was named interim CFO. Ed French, MedCaths president and CEO, told Modern Healthcare that Hintons departure was MedCaths decision. We have the right to have a no-cause termination, and thats what we did, French said, adding that the move is effective immediately. Hinton was not available for an interview. Jeff is a very good CFO, and Im going to miss working with him, French said. His departure gives us an opportunity to recruit a hospital-trained CFO, which French said the company has not had in a decade. MedCath has employed an executive search firm to identify a permanent CFO.
Late News: MedCaths Hinton out as CFO; Parker takes over in interim
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