University Hospitals CFO to retire after 15 years in role

Michael Szubski plans to retire as CFO of Cleveland-based University Hospitals in January after more than 15 years in the position.

Mr. Szubski joined UH in 2003 and became CFO in 2008. His accomplishments include:

  • Helping grow the system's revenues from $1 billion to $5.4 billion
  • Leading key acquisitions, including UH Elyria, UH Parma, UH Portage, UH Samaritan and UH St. John medical centers
  • Negotiating a deal with Medical Mutual of Ohio to add UH Cleveland Medical Center to its coverage plan
  • Leading the transition to the Epic EHR 

UH CEO Cliff Megerian, MD, plans to nominate Bradley Bond, vice president of treasury, community medical centers, UHMP and ventures finance, for the role of CFO when Mr. Szubski retires.

Mr. Bond manages UH's investments, debt and swap transactions, cash management, leasing contracts, pension and risk management, and tax compliance and research. He is also finance lead for operations involving UH’s regional community medical centers, community physician group and UH Ventures. 

Founded in 1866, UH has grown to include 21 hospitals, more than 50 clinics and outpatient facilities and over 200 physician offices throughout Northern Ohio.

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