Frank Blake, retired chairman and CEO of The Home Depot, took the helm Monday of Atlanta-based Grady Memorial Hospital Corp.'s board of directors.
Mr. Blake has also served as general counsel for General Electric and deputy secretary for the U.S. Department of Energy.
Mr. Blake succeeds A.D. "Pete" Correll, who helped found the board and has served as chair for its eight-year existence. Mr. Correll will now chair the Grady Health Foundation, the health system's philanthropic arm. Grady Memorial Hospital will rename its atrium in honor of Mr. Correll.
The health system is also honoring Tom Bell Jr., and Michael Russell, who helped Mr. Correll craft and implement a new governance structure.
"Pete Correll, Tom Bell and Michael Russell are men who lead by example," Grady CEO John Haupert said in press release. "While Grady's problems appeared insurmountable to many, they identified a viable path forward that allowed this health system to survive, even as many of our peers throughout the nation were forced to close their doors. Today's Grady is fiscally sound and we are confident that with Pete's leadership as chair of our foundation we will continue to attract the private and philanthropic investments needed for continued improvement and innovation."
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