October 27, 2015 – Memorial Hermann Health System has retained Spencer Stuart to lead its search for a new chief executive officer. Current president and CEO Dan Wolterman has announced his intention to retire in the second half of 2016. The board will consider both internal and external candidates.
“The complexity and size of an organization like Memorial Hermann – along with the dynamics of being in a large and diverse city like Houston – demands a thoughtful and thorough selection process,” said Will Williams, chair of the Memorial Hermann Health System board. “That process takes time, and is the primary reason why we are announcing Dan’s plans to retire now. In the meantime, Dan will continue to serve in his role until, and for some time after, his successor is identified to ensure a seamless transition to the next generation of leadership at Memorial Hermann.”
The largest not-for-profit health system in Southeast Texas, Memorial Hermann has 13 hospitals and numerous specialty programs and services located throughout the Greater Houston area. Its 5,500 affiliated physicians and 21,000 employees practice evidence-based medicine with a relentless focus on quality and patient safety.
Healthcare is among the most rapidly growing employment fields. The increasing number of people insured through the Affordable Care Act has created additional demand for health service. The industry is in the midst of a turbulent transformation, making the need for proven and experienced boards and executive teams with vision more important than ever.
During the past three years, Spencer Stuart’s healthcare services practice has conducted more than 400 C-level executive and board director assignments for healthcare services organizations as well as searches for scientific and clinical leaders, and functional executives in finance, human resources, information technology and sales and marketing.
Alexis Stiles currently leads Spencer Stuart’s healthcare practice as well as the firm’s overall North American life sciences practice. She maintains oversight of the firm’s efforts in the biotechnology, pharmaceutical and medical technology sectors. Ms. Stiles specializes in recruiting C-level executives, board directors and senior-level academic health sciences leaders across the broad spectrum of healthcare services institutions, including leading hospitals, health systems, academic health sciences universities, research institutions, physician practices, payers, and other healthcare-related associations and specialty organizations.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media