Despite the increasingly common seven-figure salaries and golden parachutes, many hospital CEOs are often fired from their jobs, the executive recruitment firm Witt-Kiefer told Becker's Hospital Review CEOs receive pink slips for a variety of reasons, including losing favor with the board, or conversely, they may tell the board that the they are no longer able to lead the organization based on its current direction and their current skillsets. However, many senior-level hospital executives are fired at least once, and as long as it's not for financial malfeasance, they usually find their way with another organization not longer afterward. Article