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Carol Sim Named as President and CEO of Siskin Hospital
Siskin Hospital for Physical Rehabilitation officials announced Wednesday that Carol Sim, RN, has accepted the position of President and Chief Executive Officer, beginning February 1, 2014. Sim brings more than 30 years in healthcare and leadership experience to Siskin Hospital, including eleven years as a CEO.
“After conducting a thorough nationwide search, we are excited to have secured an individual the caliber of Carol Sim. She has a proven track record in hospital and health system executive management with a passion for rehabilitation and the patients served,” said Bob Best, Chairman of Siskin Hospital’s Board of Directors. “We are confident in Carol’s ability to build upon the strengths of Siskin Hospital and take the Hospital successfully into the future. She will be a dynamic asset to Siskin Hospital and the community.”
The retirement plans of current President and CEO Robert P. Main were announced in April and the national search began at that time. Main will assist with the transition and continue in his current position until the end of January. A search committee consisting of a national search firm and members of Siskin Hospital’s Board Executive Committee conducted the search for the Hospital’s next dedicated leader. Siskin Hospital’s Board of Directors unanimously approved Sim as the new President and CEO.
Sim recently served as President and CEO of the Rehabilitation Hospital of the Cape and Islands, a member of the nationally acclaimed Spaulding Rehabilitation Network in Boston. Her experience also includes serving as CEO of a rehabilitation hospital in Florida, as well as a home health organization in Connecticut. Additionally, Sim has served for sixteen years in a variety of clinical and management roles at Yale-New Haven Hospital.
“Carol is an excellent choice to continue the mission and culture of Siskin Hospital and to build on our reputation for excellence on a local, regional, and national level. Her character, enthusiasm for rehabilitation, and her proven success record will serve her well as the next leader of Siskin Hospital,” said Main.
Sim’s extensive community involvement as a director for many organizations such as the Cape Cod Symphony, Cape Cod Five Cent Bank, Cape Leadership Institute, and Cape Technology Council led the Cape Cod Times to characterize her as “one of a handful of the most influential people on the Cape over the past decade.” Sim was awarded the Cape Cod Leader of the Year Award from the Cape Leadership Institute and the Woman of Achievement Award from the Professional and Business Women’s Association of Cape Cod.
Sim holds a Bachelor of Science degree in Nursing, as well as a Masters of Public Health in Health Policy and Management, both from Columbia University.
More Business News
Last Update on April 17, 2014 17:08 GMT
WASHINGTON (AP) -- The number of people applying for U.S. unemployment benefits last week rose 2,000 to a seasonally adjusted 304,000. Jobless claims continue to be near pre-recession levels despite the slight increase.
The Labor Department says that the four-week average of applications, a less volatile measure, fell 4,750 to 312,000. That is the lowest four-week average since October 2007, just two months before the Great Recession started. The average has fallen by 53,500 applications over the past 12 months.
Applications are a proxy for layoffs. The current level of claims suggests that employers are holding on their workers with the expectation of stronger economic growth ahead.
Employers added 192,000 jobs in March and 197,000 in February, the Labor Department reported. Hiring has picked up after a slowdown caused by severe winter weather.
WASHINGTON (AP) -- Average U.S. rates on fixed mortgages fell this week for the second straight week as the spring home-buying season begins.
Mortgage buyer Freddie Mac says the average rate for the 30-year loan fell to 4.27 percent from 4.34 percent last week. The average for the 15-year mortgage eased to 3.33 percent from 3.38 percent.
Mortgage rates have risen about a full percentage point since hitting record lows about a year ago.
Many analysts have been expecting an improving economy to lift the housing market, which has been recovering over the past two years. But housing has struggled to maintain momentum. Rising home prices and higher mortgage rates have held back some potential home buyers. Others have had trouble qualifying for mortgages.
NEW YORK (AP) -- Investment bank Goldman Sachs says its first-quarter earnings fell as fixed income trading slumped.
The bank earned $1.9 billion in the quarter, down 11 percent from the same period a year earlier when it made $2.2 billion.
The earnings were equivalent to $4.02 a share. Analysts polled by FactSet had predicted earnings of $3.49 a share.
Revenue totaled $9.3 billion, down 8 percent from a year earlier, when the bank generated revenue of $10.1 billion. The latest quarterly revenue beat analysts' expectations of $8.7 billion.
Goldman's stock rose $2.78, or 1.8 percent, to $160 in pre-market trading.
NEW YORK (AP) -- PepsiCo reports a stronger-than-expected first-quarter profit as the company slashed costs and sold more snacks around the world.
The company, which makes Frito-Lay, Gatorade, Mountain Dew and Tropicana, says global snack volume rose 2 percent while beverages were even from a year ago.
In its closely watched North American beverage unit, PepsiCo Inc. says volume was even. Growth in other drinks offset a 1 percent decline in sodas.
For the quarter, the company earned $1.22 billion, or 79 cents per share. Not including one-time items, it earned 83 cents per share, above the 75 cents per share Wall Street expected.
A year ago, it earned $1.08 billion, or 69 cents per share.
Revenue edged up to $12.62 billion, higher than the $12.39 billion analysts expected.
EL SEGUNDO, Calif. (AP) -- Toy maker Mattel says weak sales of Barbie and markdowns to clear out excess inventory left over from a sluggish holiday season led to an unexpected first-quarter loss.
Toy makers are facing a weak environment globally due to the uncertain economy and popularity of electronic gadgets.
The largest U.S. toy maker says its net loss for the three months ended March 31 totaled $11.2 million, or 3 cents per share. That compares with net income of $38.5 million, or 11 cents per share last year. Analysts expected earnings of 7 cents per share.
The company which makes Disney Princess dolls and Hot Wheels cars says revenue fell 5 percent to $946.2 million. Analysts expected $947.6 million. Barbie revenue dropped 14 percent.
NEW YORK (AP) -- Target is vastly expanding the goods that are available to order by subscription as it fends off its biggest non-traditional retail rival, Amazon.com.
The nation's second-largest discounter first dabbled with subscriptions last September, trying to win over haggard parents with 150 baby care products.
That program has been expanded more than tenfold this week to nearly 1,600 items across a much wider array of consumer goods. Everything from beauty products and pet supplies, to home office supplies like printer ink, are now available through subscription.
Target, based in Minneapolis, is playing catch up in the subscription arena, which has exploded as companies test consumer appetites for almost every niche, from socks to razors, to clothing and entertainment.
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