Hadassah concluded its investigation of former COO Larry Blum for allegedly misusing his corporate credit card but declined to release any details.
“The issues between Larry Blum and Hadassah have been resolved to the mutual satisfaction of both Mr. Blum and Hadassah,” the organization said in a one-line news release issued Friday.
Blum became Hadassah’s chief operating officer in May 2009 but was placed on administrative leave in the fall of 2011 after the allegations were raised. His contract with Hadassah ended in April 2012 and was not renewed.
When asked for details about the probe, a Hadassah spokesperson refused to elaborate.
In January, Blum had alleged that Hadassah’s current president and immediate past president had misused charitable funds. A Hadassah-commissioned probe exonerated the two officials.