Former University Hospitals CEO Donna Katen-Bahensky was actually fired prior to tendering her resignation last month, according to documents released Friday by the University of Iowa.
Because she was fired without cause, UI is sending her off with an $830,000 severance package, which stems from a contractual clause that calls for a payout worth double her salary. Her base salary is $465,000.
Katen-Bahensky’s last day at UI is Monday. Katen-Bahensky, who did not immediately return a phone call Friday, starts a new post Feb. 4 as president and CEO of University of Wisconsin Hospitals and Clinics. She will earn $600,000 annually in her new post.