Cleveland Clinic honors outgoing CEO Toby Cosgrove with $50M+ campaign

A campaign recognizing Cleveland Clinic's departing President and CEO Toby Cosgrove, MD, secured more than $50 million, the clinic's board of directors chair announced Saturday.

Here are three things to know.

1. "The Cosgrove Transformation Campaign," honoring Dr. Cosgrove's nearly 13 years helming the clinic, is "designed to inspire innovation, support research, further education, and continue to improve the patient experience in areas that donors directed their gifts."

2. Robert Rich Jr., chair of the Cleveland Clinic's board of directors, unveiled the campaign during an event celebrating Dr. Cosgrove's career. More than 300 donors contributed to the campaign in donations ranging from $10 to $5 million.

3. Dr. Cosgrove announced plans to step down from his leadership role in May. Cleveland Clinic named Tomislav Mihaljevic, MD, president and CEO, effective Jan 1. 

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