Fairmont General President, CEO Resigns
Written by Your 5News Team
Last updated on September 24, 2013 @ 5:57PM
Created on September 24, 2013 @ 1:27PM
FAIRMONT, W.Va. (AP) - Fairmont General Hospital President and CEO Robert Marquardt has resigned three weeks after the hospital filed for Chapter 11 bankruptcy protection.
The hospital announced Marquardt's resignation Monday. Spokeswoman Katelyn Mock says she didn't have immediate details, including the reason for Marquardt's departure.
Vice president for patient services Peggy Coster is listed on the hospital's website as the interim CEO.
The 207-bed hospital listed roughly equal amounts of debt and assets in its Sept. 3 bankruptcy filing. Fairmont General said it would try to restructure labor contracts and long-term debts to become more attractive to a potential business partner.
The hospital was founded in 1939, and employs some 700 physicians, nurses and other personnel.
Fairmont General has been looking for a strategic partner since December 2011.
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