Kaiser CEO Lawrence to Retire Next Year
Kaiser Foundation Health Plan Inc. chairman and CEO David Lawrence said he plans to retire next year, the Wall Street Journal reports. Lawrence spent a decade "at the helm of the nation's largest non-profit health maintenance organization." He will also step down from "top posts" at Kaiser Foundation Hospitals. Kaiser plans to name a new CEO "no later than" June 2002, according to Dan Garcia, chairman of the board's selection committee. The Journal reports that "speculation about Lawrence's successor has been building" and that three "leading internal candidates" include William Gillespie, executive vice president and COO, Dick Pettingill, president of the California division of Kaiser and Arthur Southam, executive vice president of health-plan operations. According to Garcia, the board will seek someone who can "protect Kaiser's non-profit mission to provide excellent care, while being mindful of the need to generate enough resources to fulfill that mission" (Rundle, Wall Street Journal, 7/20).This is part of the California Healthline Daily Edition, a summary of health policy coverage from major news organizations. Sign up for an email subscription.