VillageMD's tumultuous year continues as Dr. Rishi Sikka, president of Village Medical primary care operations, is leaving the role after one year.
Effective Oct. 21, Sikka will succeed Dale Maxwell as CEO at Presbyterian Healthcare Services, a nine-hospital nonprofit system based in Albuquerque, New Mexico. Maxwell is retiring after 23 years at Presbyterian, according to a Thursday news release.
Related: VillageMD names leaders of Village Medical, Summit Health, CityMD
Sikka was named president of Village Medical last October. Prior to Village, he was president of system enterprises at Sacramento, California-based Sutter Health. He has also worked in clinical and leadership roles at Advocate Health Care in Illinois, in addition to faculty positions at Brown University, the University of Illinois Chicago and Boston University, according to the release.
Sikka was appointed to Presbyterian's board of directors in 2016, the release said. Presbyterian will look for a replacement to fill the board role, a spokesperson said.
A VillageMD spokesperson said the company is looking internally and externally to fill Sikka's position.
Walgreens-backed VillageMD underwent a lot of changes in 2024. It shuttered 160 primary care clinics in the first few months of the year after plans for rapid expansion soured. Majority investor Walgreens is looking to reduce its stake in VillageMD after taking a $6 billion hit on the investment in its second quarter.
Despite the primary care clinic closures, VillageMD is expanding the footprint of multispecialty care provider Summit Health, which it acquired along with urgent care group CityMD for $8.9 billion in early 2023.