Hospitals made 121 CEO changes in 2019

Last year, hospitals announced 121 CEO changes, down slightly from 2018, according to a report from executive coaching firm Challenger, Gray & Christmas.

Turnover for hospital CEOs in 2019 was down about 13 percent from 2018, when 139 CEOs left their posts. In the larger healthcare and products sector, companies announced 107 CEO changes, down more than 18 percent from 2018 when 131 changes were made.

Across all industries, the firm found companies are increasingly looking to outsider CEOs to fill spots left by exiting CEOs. In 2019, 620 CEOs were internal replacements, while 784 were external hires.

More articles on leadership and management:
Brad Smith to head CMS innovation center
How the White House affects corporate social responsibility
Healthcare bureaucracy cost $812B in 2017

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars