Hospital for Special Surgery chief financial and administrative officer to retire

Stacey Malakoff will retire as executive vice president and chief financial and administrative officer of Hospital for Special Surgery at the end of 2025 following a phased 18-month transition. 

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Spencer Stuart, an executive search and leadership consulting firm, will conduct a nationwide search for the successor to Ms. Malakoff, who will support onboarding and a seamless transition.

Ms. Malakoff joined New York City-based HSS in 1990, was promoted to CFO in 1998 and appointed chief financial and administrative officer in 2020. 

She will leave the organization earning revenue of more than $2.2 billion, $1.1 billion in unrestricted cash, and a profit margin of more than 3%, according to a July 8 news release. 

“fStacey was already a pillar of HSS when I arrived as a resident 28 years ago, and since then she has been a leader, mentor, partner and friend to many at HSS,” HSS President, CEO and Surgeon-in-Chief Emeritus Bryan Kelly, MD, said. “The legacy of her exceptional ability and commitment to the institution is evident in its decades of growth, financial stability, and strong balance sheet.”

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