Three high-ranking executives at Resources for Human Development (RHD) have resigned after the organization was acquired by Inperium Inc. The departures come amidst ongoing staffing changes at RHD.
Resources for Human Development ( RHD ), a large Philadelphia health and human services nonprofit, started the new year by announcing the departure of three senior leaders. The moves came three weeks after Inperium Inc., another human services nonprofit, completed its acquisition of RHD . The three RHD executives who left last week were Linda Donovan, Bernard Glavin, and Stephanie Pompey. Donovan and Glavin, who led two major RHD divisions, were deleted from RHD ’s website Monday morning.
Pompey was removed from the site earlier. The terms of their departure were not clear.Donovan was mostly recently listed as chief program office for RHD’s behavioral health and housing division. Glavin was executive vice president for intellectual disabilities services. Pompey was the organization’s chief legal officer. Officials at Inperium and RHD did not respond to a request Monday for comment and additional details on the ongoing staffing changes. RHD’s board agreed to the Inperium takeover last spring, as the nonprofit founded in 1970 teetered on the edge of bankruptcy. The board said the nonprofit planned to use the money to refinance about $50 million in existing bank debt and to finance its acquisition of RHD. Though Inperium did not pay for RHD, it valued RHD at $134 million in the bond sale. A big chunk of the money from investors was expected to boost Inperium’s cash reserves. Both Inperium and RHD provide services for people with intellectual and developmental disabilities, behavioral health care, substance-use disorder treatment, and other government-funded services
INPERIUM INC RHD Philadelphia ACQUISITION DEPARTURES
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