William Petasnick, the longtime CEO of Froedtert Health in Milwaukee, will step down July 1 and will be replaced by Catherine Jacobson, the organization’s president. Petasnick, 66, became Froedtert’s top executive in 1993 and will remain vice chairman of Froedtert’s board. Petasnick plans to continue working in healthcare by serving on public and private boards and “working with other organizations to help them improve their strategic performance and continuing as a strong advocate for healthcare reform,” according to a Froedtert news release. He served in 2008 as chairman of the board of the American Hospital Association. “I take satisfaction knowing we have put in place an effective leadership transition plan and that the stride to achieving our long-term vision will not be broken,” Petasnick said in the release. Jacobson, 48, joined Froedtert 18 months ago as chief financial and strategy officer. She was promoted in July to president. She previously spent 14 years with Rush University Medical Center in Chicago, most recently as senior vice president for strategic planning and finance and CFO.
Late News: Froedtert CEO steps down, to be replaced by president
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