Today: Mostly cloudy and becoming windy. Showers at times. An afternoon high in the upper 50s to low 60s. An increasing North wind at 10-20mph.
Tonight: Still some passing showers during the evening. Windy and much ... More...
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 October 31, 2014 07:28 GMT
SEOUL, South Korea (AP) -- Japan's Nikkei 225 stock average surged 5 percent and the yen slid against the dollar after the Bank of Japan unexpectedly announced new stimulus to boost a flagging economic recovery.
Other Asian stock markets were also higher after the Japanese central bank's announcement Friday. The dollar rose 1.2 percent to 110.64 yen.
The bank said it would increase its asset purchases by between 10 trillion yen and 20 trillion yen ($90.7 billion to $181.3 billion) to about 80 trillion yen ($725 billion) annually.
The Nikkei was up 4.6 percent at 16,380.11 after shedding some of its initial gains. Hong Kong's Hang Seng rose 1.2 percent and Seoul's Kospi was up 0.1 percent.
ECONOMY-THE DAY AHEAD
WASHINGTON (AP) -- Today. the Commerce Department will release its September report on consumer spending, which accounts for 70 percent of economic activity in the U.S.
Also, the University of Michigan will issue its monthly index of consumer sentiment for October. In September, the index reached its highest level since July 2013, led by greater optimism that the economy will grow and incomes will rise.
The Labor Department will also release the third-quarter employment cost index.
Before the market opens, Exxon Mobil will report its quarterly financial results.
NEW YORK (AP) -- Citigroup is slashing its third-quarter earnings by $600 million, saying that recent investigations by regulators have altered the results it reported earlier this month.
The New York-based bank on Thursday revised its quarterly net income to $2.8 billion from a previously reported $3.4 billion, citing legal expenses.
The bank's operating expenses rose from $12.36 billion to about $13 billion.
The company said in a statement the unexpected increase came from "rapidly-evolving regulatory inquiries and investigations, including very recent communications with certain regulatory agencies related to previously-disclosed matters."
Citi previously reported third-quarter net income of $3.44 billion, or $1.07 per share, on Oct. 14. The results exceeded Wall Street estimates.
Like other major banks, Citigroup has been the target of lawsuits and government investigations for its role in the mortgage meltdown that helped spur the financial crisis of 2008.
SURGICAL GOWNS LAWSUIT
LOS ANGELES (AP) -- A lawsuit says Kimberly-Clark Corp. falsely claimed its surgical gowns met the highest standards for protecting against Ebola and other infectious diseases.
Lead attorney Michael Avenatti says the Texas hospital where two nurses contracted Ebola used to stock the gowns but it's not clear if the nurses had used them.
The $500 million fraud suit was filed Wednesday in federal court in Los Angeles on behalf of a surgeon who wore the gowns.
The lawsuit says Kimberly-Clark knew for a year that the gowns failed industry tests and allowed the transfer of bodily fluids, bacteria and viruses, but the company still promoted them as having the highest level of impermeability.
The maker of Kleenex and other consumer products says it doesn't comment on lawsuits but stands behind its products' safety.
The Good LifeCelebrating the events, adventures and activities that represent "The Good Life" in the NewsChannel 9 viewing area.
SideroadsTake a ride with Brian Smith to explore the unique people and places to be found along the Sideroads of the NewsChannel 9 viewing area.
Road TrippinCome Road Trippin' with us and see all the great sites in your area!
Closings and DelaysThese are the latest School and Business Closings reported to NewsChannel 9. If you see errors or need to add a school or business, call 423-757-7320.
This N ThatLearn about the latest in community affairs and great events with Brian Smith on This 'N That.
Educator of the WeekNominate now for Educator Of The Week!
Deaf & Hard of HearingInformation provided to NewsChannel 9 by members of the Deaf and Hard of Hearing Community.
Sponsored EventsCheck Back Often for NewsChannel9 Sponsored Events!