http://voices.kansascity.com/node/7012
University releases disturbing details of Karen Pletz investigation
By Yael T. Abouhalkah, Kansas City Star Editorial Page columnist
The board of directors for the Kansas City University of Medicine and Biosciences on Monday released details of its version of the sudden firing of CEO
Karen Pletz last Friday. The disturbing information shows this fight could get very nasty.
Earlier Monday, Pletz gave me a
statement in which she said litigation has been filed in her firing.
The university's release makes for compelling reading, although it doesn't contain enough information at this point to state what's really at dispute here.
In its statement later Monday, here's what the board had to say about that threat:
"As such, should Karen Pletz elect to file suit against the University, the Board, which has to date not released the reasons for her termination, will provide them to the court at that time."
Here is the complete statement from the board of directors:
"December 21, 2009
Statement from the Board of Trustees of Kansas City University of Medicine and Biosciences
Following the termination of its former President and CEO, the Board of Trustees of Kansas City University of Medicine and Biosciences would like to provide additional information about the process by which action was taken on Friday, December 18, 2009.
Recently, a series of issues were confidentially brought to the Board by several sources. The Trustees had a fiduciary responsibility to examine each issue in detail.
A special committee of the board was formed to investigate the issues in a fair and impartial manner. The University and the special committee retained special counsel, which had no ties or business relationship with management of the University, to lead the independent investigation.
During that process, Karen Pletz and her attorney had multiple communications with special counsel in order to understand the issues, review the same documents presented to the special committee, ask questions and provide responses. Karen Pletz also had the opportunity to address the Trustees at their meeting on Friday, December 18. She and her attorney are well aware of the reasons for her termination.
Based upon the findings as presented by the special committee on Friday, December 18, all voting members reached the same decision. There were no dissenting votes to the special committee's recommendation of immediate termination.
The University's Trustees are committed to protecting and preserving the reputation of this outstanding institution through prudence and a system of strong governance.
The Trustees are also committed to a new and higher standard of transparency. As such, should Karen Pletz elect to file suit against the University, the Board, which has to date not released the reasons for her termination, will provide them to the court at that time. The Trustees are confident that should those reasons be released, the decision of the Board to terminate Karen Pletz's employment will be completely understood and validated.