Bill Marlette assumed the role of interim CFO in June, Sanford Health confirmed to Becker’s Aug. 7. He previously served as the health system’s CFO and treasurer, but retired in 2021 after more than 30 years with the health system.
Mr. Marlette takes the reins back from Michelle Bruhn, who assumed the top finance job at Phoenix Children’s on July 17. He rejoined the system several weeks before it killed a monthslong merger conversation, which would have included a $500 million investment in Minneapolis-based Fairview. The merger was canceled following a lack of support from “certain Minnesota stakeholders,” according to Bill Gassen, Sanford’s president and CEO.
“We are grateful for Michelle’s more than 20 years of service to our organization and wish her nothing but the best in her future endeavors,” the health system told Becker’s. “Sanford Health is undergoing a search for a permanent chief financial officer.”
Editor’s Note: This story was updated on August 7 at 9:27 p.m.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
