Michael Maves, executive vice president and CEO of the American Medical Association since 2001, will leave the organization when his contract expires June 30, 2011.
Shake-up at AMA
CEO Maves' 10-year tenure set to end in June
The AMA board of trustees and Maves “mutually decided” that he would end his tenure, according to a news release. “As we enter into a new era that is redefining the way healthcare is delivered, both Dr. Maves and the board of trustees share the belief that new top leadership is required to address these challenges and to ensure the rights of patients and physicians are passionately and effectively protected,” board chairwoman Ardis Hoven said in the release.
Brenda Craine, a spokeswoman for the AMA, said Maves and members of the AMA board were unavailable for comment.
The board plans to hire a search firm to identify a successor to be in place by the time Maves' contract expires, according to the release. In the meantime, Chief Operating Officer Bernard Hengesbaugh will work with Maves, 62, to prepare for the transition.
The AMA reported Maves' compensation and benefits totaled $956,893 in 2008, the most recent figures publicly available. He received base compensation of $616,204 and bonuses of $220,000, according to the organization's 2009 Internal Revenue Service Form 990. The AMA reported another $54,698 in other compensation and $13,800 in deferred compensation to Maves. He received benefits worth $52,191.
Maves, quoted in the release, echoes the feeling that 2011 presents a natural transition to a new executive and credits the AMA for being “unwavering in their commitment to helping doctors help patients.” Maves assumed leadership after a period of instability, becoming the AMA's fourth top executive in as many years when he took the job in 2001.
Hoven credits Maves with restoring financial stability to the AMA and shepherding the organization through the recession while carrying out initiatives aimed at improving the quality of care, expanding access to care and fighting for fair Medicare reimbursement for physicians.
Maves has been a consistent presence on Modern Healthcare's 100 Most Powerful People in Healthcare, ranking 86th in the 2010 list. He also has been one of Modern Physician's 50 Most Powerful Physician Executives in each of the six years the list has been in existence, holding the No. 40 slot in 2010.
An otolaryngologist by training, Maves previously was executive vice president of the American Academy of Otolaryngology from 1994 to 1999 and then was president of the Consumer Healthcare Products Association, a Washington-based trade group.
—with Melanie Evans
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