Michael Loy. Image courtesy: WAOW TV
WAUSAU, WI (WSAU) — Michael Loy, the CEO of North Central Health Care, has been placed on paid administrative leave following the results of an investigation into employee benefits and compensation.
According to a statement from NCHC “On January 28 and February 12, 2021, the NCCSP Board authorized a third-party review of NCHC’s practices relative to compensation and benefits received by employees. The review was conducted by von Briesen & Roper, S.C., Attorneys at Law of Milwaukee, WI. Details of the conclusive and final report are forthcoming from the NCCSP Board.”
Officials have added that there will be no further comment about the matter. Chief Financial Officer Jill Meschke has been appointed as interim CEO while the investigation continues.
Loy has been CEO of NCHC since October of 2017 and has been with the company since June of 2014.
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