Judith Pelham, president and chief executive officer of 45-hospital Trinity Health, Novi, Mich., said she will resign from the Roman Catholic system later this year to spend more time with her family. Pelham will remain in her position at least through June 30, the end of Trinity's fiscal year, and possibly longer to ensure a smooth transition. A spokesman said the system will form a search committee and hire a search firm; no deadline has been set for naming a successor. "I am ready to move on to the next stage of my life," said Pelham, 58. She has led Trinity since the system's inception in 2000. Trinity earned $111 million on revenue of $5 billion for the year ended June 30, 2003. -- by Patrick Reilly
Trinity CEO Pelham to resign later this year
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