Hoboken University Medical Center CEO Spiros Hatiras resigns

Friday, July 15, 2011 Jersey Journal

Spiros Hatiras has stepped down as the chief operating officer at the Hoboken University Medical Center, Hoboken Now has learned.

The Hoboken Municipal Hospital Authority accepted his resignation last night at a meeting, hospital spokeswoman Joan Quigley said.

Hatiras' resignation comes as the city-owned hospital is in the process of being sold to the owners of the Bayonne Medical Center.

Vinnie Riccitelli, HUMC's chief financial officer, will be interim CEO until the sale is finalized. The sale is valued at $91 million -- $25 million earmarked for capital improvements and the balance going toward paying off the hospital's debt.

In a letter to employees, Hatiras said "This decision was arrived at by mutual agreement between me and the Authority in order to facilitate the transition of the hospital to new ownership."

"I am confident that our hospital will continue to exist and thrive for many years to come. As my last duty as your CEO I ask you to remain focused on your jobs and on taking care of our patients through this transition. Please do not let my departure become a distraction for the organization."

Hatiras took over as CEO in spring 2009, replacing Harvey Holzberg. Hatiras had been vice president of administration at the hospital.