Warren Slams $5.2 Million Bonus After Nursing-Home Covid Deaths

Sen. Elizabeth Warren (D-Mass.) is fuming over the “inexplicable and unseemly decision” to pay a $5.2 million “retention bonus” to a nursing home industry CEO after more than 2,800 residents died from Covid-19 in the company’s facilities.

In a letter to Genesis HealthCare Inc. released Thursday, Warren said the company approved “exorbitant” bonuses to former CEO George V. Hager Jr. and other top executives after receiving more than $300 million in state and federal Coronavirus Aid, Relief, and Economic Security (CARES) Act funding to help keep the struggling company afloat.

“CARES Act funding should not be used to line the pockets of company executives who fail to address the public health threats from the pandemic, and your company should not be seeking additional public funds while giving departing executives multimillion dollar bonuses,” Warren wrote to company chairman and CEO Robert Fish.

Warren Slams $5.2 Million Bonus After Nursing-Home Covid Deaths

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