Geisinger searches for new CEO as part of succession plan
Danville-based Geisinger Health System, which is in the process of taking on Holy Spirit Health System as an affiliate, today announced it has begun recruiting a new president and CEO.
Glenn Steele Jr., Geisinger’s top executive, will be stepping down from those roles at the end of the health system’s fiscal year in June 2015 to become chairman of xG Health Solutions.
Geisinger formed the independently operated company last year in partnership with Oak Investment Partners, a venture capital firm, to help other health care organizations create value and improve quality. The company is based in Columbia, Md.
“This is a planned and expected process to ensure that we take the time necessary to identify Geisinger’s next leader,” said William Alexander, Geisinger’s board chairman.
Steele has been Geisinger's president and CEO since March 2001.
“Leading Geisinger is one of the best opportunities I could ever imagine,” Steele said. “With the commitment and dedication of our employees, Geisinger has done well and is making a difference in evolving value-based health care across the country. I am fully committed to moving full speed ahead as we recruit and welcome a new CEO.”
Chicago-based Spencer Stuart, one of the world's leading executive search consulting firms, will assist Geisinger in its recruitment efforts.