The chief executive of a major NHS hospital has resigned after it was revealed the hospital is running a deficit of up to £1.2m a week.
Dr Keith McNeil had been appointed to the job at Addenbrooke’s Hospital in Cambridge in November 2012.
The hospital’s chief finance officer Paul James has also resigned.
They have stepped down ahead of a Care Quality Commission report, which is due to be published soon.
Dr McNeil said it had been “a very difficult decision” to step down.
“It is a matter of public record that we face a number of very serious challenges here in Cambridge, including a growing financial deficit, and I feel the time is right to have new leadership in place,” he said.
“I am pleased our hospitals continue to provide our patients with outcomes that are not only some of the best in the UK, but in Europe.”
Cambridge University Hospitals NHS Foundation Trust, which runs Addenbrooke’s, said its director of workforce David Wherrett would become acting chief executive while a permanent replacement was found.