GALVESTON — The University of Texas Medical Branch announced Tuesday an interim replacement for William R. Elger, the highly regarded CFO who resigned after an investigation into topics that university lawyers argued were too sordid for public disclosure.
Michael Scheer, a Certified Public Accountant with extensive experience as a financial executive in health care, is to join the organization today as interim chief financial officer, Dr. David Callender, medical branch president and CEO, said Tuesday in a written statement.
“He has proven expertise in working with senior leaders and physicians to strengthen financial health. He also is skilled at implementing structures and processes that support financial transparency and integration across organizations,” Callender said.
Scheer had served at health care institutions including the University of Washington in Seattle, Loyola University Health System in Chicago, Memorial Medical Center in Savannah, Ga., Allegany Health System in Tampa, Fla., and Daughters of Charity Health System West in Los Altos, Calif., the medical branch said.
Scheer holds a bachelor’s degree in accounting and business from Central Washington University in Ellensburg and an MBA from Saint Mary’s College in Moraga, Calif.
His salary could not be confirmed late Tuesday.
Four financial divisions — Financial Accounting and Reporting, Finance Administration for the Health System, and Planning and Performance Management — would report to Scheer, Callender said.
“With Mr. Scheer in place to help manage our financial systems, we will begin the national search for a permanent executive vice president and chief business and finance officer in early 2014,” Callender said.
“The search committee currently is being formed and will be co-chaired by Dr. Danny Jacobs, executive vice president, provost and dean of medicine, and by Ms. Donna Sollenberger, executive vice president and chief executive officer, UTMB Health System.”
Elger, credited with helping steer the medical branch out of the red, resigned in September but kept his salary of $581,400 in a new role as special adviser to the president until Nov. 30.
The medical branch is fighting release of information that would shed light on his resignation. It has confirmed through correspondence with the Texas Attorney General that the records include a document borne out of an investigation conducted by the Office of Institutional Compliance after receiving a complaint.
The medical branch argued that disclosing some of the information would be highly offensive to a reasonable person and not of legitimate concern to the public. The attorney general hasn’t ruled whether the institution must release the information to the public.