Minnesota's North Memorial Medical Center Names New CEO

North Memorial Medical Center in Robbinsdale, Minn., has named Larry Taylor as CEO, one month after the hospital's former CEO, David Cress, was arrested during an undercover prostitution sting, according to a WCCO report.

Mr. Taylor has served as chairman of the hospital board since 2000.

The hospital cut ties with Mr. Cress, who was arrested in Richfield, Minn., earlier this month.

Read the WCCO report on Larry Taylor.

Read more on recent Minnesota executive moves:

-Minnesota Hospital Suspends CEO Following Prostitution Charges

-Tom Schmitt Named CEO at Minnesota's Woodwinds Health

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