Florida's Blood Centers CEO Resigns
Resignation Effective Thursday
POSTED: Wednesday, March 10, 2010
UPDATED: 7:06 pm EST March 10, 2010
ORLANDO, Fla. -- The president and CEO of Florida's Blood Centers has resigned amid criticism over her salary.
Anne Chinoda resigned during a news conference Wednesday afternoon. The Blood Centers said it will accept her resignation.
"It would be an understatement to say this decision was not an easy one to make, but I know it is in the best interests of FBC and everyone it serves, especially our valued blood donors," said Chinoda. "Now is the time to turn to a new generation of leaders who will sustain and fulfill FBC's lifesaving mission."
Chinoda has been the target of criticism over her several hundred-thousand-dollar annual salary package as the head of the nonprofit organization.
"Her resignation is necessary to stop the erosion of public trust in FBC and to begin the process of regaining the community's respect and support," board chairman Leighton Yates said.
FBC hopes the move will help the organization regain the communities trust.
Chinoda has been the president and CEO if FBC since 2003.
Chinoda signed a non-competition agreement that will prohibit her from seeking similar work in Florida for one year. She will receive $380,000 compensation, which is the value of of one year's salary plus the value of one year's benefits.
New FBC rules will limit board members' terms to nine years and no longer the nonprofit to do business with board members' companies.
Yates, who has served on the board for 20 years, will also step down.
Chief Operating Officer Mike Pratt will take over for Chinoda on an interim basis until a national search is completed for her successor. Pratt earned around $385,000 a year in base pay and benefits.
FBC is headquartered near the intersection of John Young Parkway and Sand Lake Road
The resignation is effective Thursday.
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