Lifespan CEO John Fernandez is seen speaking at the Rhode Island State House on May 28, 2024. (Alexander Castro/Rhode Island Current)
Rhode Island’s largest employer and health care provider has cut 20% of its executive suite in a maneuver the not-for-profit hopes will save millions in its upcoming fiscal year.
Crista Durand, who led Newport Hospital since August 2014, appears to be one of the executives let go. Her LinkedIn lists her as no longer working as president of the hospital.
“Lifespan implemented a strategic restructure focused on creating a one-system, one-team approach, designed to reduce executive overhead and streamline operations,” Lifespan Corporation CEO John Fernandez said in a Sept. 20 statement. “Starting from the top like this, allows us to allocate more resources directly to patient care and support areas.”
Fernandez stated the elimination of 20% of executive positions would result in an estimated $6 million in savings. Jessica Wharton, a Lifespan spokesperson, did not confirm the number of layoffs or provide further detail on affected personnel.