Dan Wilford, former president and CEO of Memorial Hermann Healthcare System, isn't slowing down in retirement.
Late last month, LHC Group, a Lafayette, La.-based home- and long-term-care company, became the fourth publicly traded company to add Wilford, 65, to its governing board since 2002, when he retired from the Houston-based health system he led for 18 years.
In addition to serving on the boards of Healthcare Realty Trust, Nashville; Sanders Morris Harris Group, a Houston-based finance and investment firm; and Southern National Bank of Texas, Sugar Land, Texas, Wilford has been a director for not-for-profit Infirmary Health System, Mobile, Ala., since 1995.
Wilford also continues to advise eight-hospital Memorial Hermann and serves as a director for the Spiritual Leadership Institute, a not- for-profit created by the system in 1996. Wilford's retirement--he left with a 2002 salary of $1.5 million and reported benefits of $3.2 mil- lion, including benefits accrued throughout his tenure--stipulates that he consult at Memorial Hermann when needed, without compensation, says Sherri Greene, spokeswoman for the health system.
In more than 30 years, Wilford has served on more than two dozen governing and advisory boards for civic, professional and religious groups, as well as not-for-profit companies. Wilford was among the founders of the Voluntary Hospitals of America and sat on governing boards of three state hospital associations.
He did not join a for-profit board until retirement, Wilford says, to avoid potential conflicts of interest and because the commitment required would be too great on top of running Memorial Hermann. Wilford's continuing role as an adviser does not present the same conflicts because he no longer has authority to make decisions, he says.