Hadassah lets COO Larry Blum go

Under investigation for allegedly misusing his corporate credit card

4 May 2012, 9:43 am

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(JTA) — Hadassah terminated its relationship with its chief operating officer, who is under investigation for allegedly misusing his corporate credit card.

Larry Blum’s contract with Hadassah ended at the end of April and was not renewed, a Hadassah spokesman told the Forward. Blum became Hadassah COO in May 2009 but had been on administrative leave since last fall as the organization probed the allegations about the corporate credit card.

In January, while on administrative leave, Blum alleged that Hadassah’s current president and immediate past president had misused charitable funds, but a Hadassah-commissioned probe exonerated the two officials.

Representatives of Hadassah told JTA last month that the investigation of Blum was ongoing.