The disgraced former CEO of Manhattan’s Hospital for Special Surgery was sentenced Thursday to 18 months in prison after previously copping a plea to pocketing nearly $300,000 in kickbacks from a subordinate staffer in exchange for negotiating payment of her annual bonus.
John Reynolds, 64, of Venice, Fla., was also sentenced by Manhattan federal Judge Harold Baer Jr. to two years supervised release and ordered to forfeit $718,500.
He had pleaded guilty in May to committing wire fraud and making false statements to law enforcement regarding a scheme that netted him $298,500 between 2000 and 2005.
Reynolds admitted accepting the kickbacks from then-staffer Maryellen Keenan — who also had authority to do outside consulting work at the time — and then hiding the financial arrangement from the hospital’s board of directors.
Reynolds was initially charged by the feds in January with netting $1.4 million in kickbacks through three separate schemes from 1996 to 2007.