Cerner President Zane Burke will step down from his post at the company Nov. 2.
John Peterzalek, executive vice president of worldwide client relationships at Cerner, will assume Mr. Burke's responsibilities under the title chief client officer, effective immediately.
Cerner appointed Mr. Burke president in 2013 after nearly 20 years with the company. Mr. Burke joined the EHR vendor in 1996, where he held a range of executive positions in sales, implementation, support and finance.
"Cerner has been a disruptive force of positive change across healthcare throughout its history, and I'm pleased with the accomplishments we've achieved together with our clients and the broader industry community," Mr. Burke said in a Sept. 10 news release announcing his departure.
Mr. Burke sold 51,818 shares of the company in late August, totaling nearly $10 million. At the time he kept 37,418 shares of the company's stock, valued at an estimated $2,448,633.92.
In a company statement, Cerner Chairman and CEO Brent Shafer thanked Mr. Burke for his contributions. Mr. Shafer was appointed to the chairman and CEO role in January after the death of Cerner's co-founder, chairman and CEO Neal Patterson in July 2017. Mr. Shafer previously served as CEO of Philips North America.
"Zane leaves the company with a strong client focus and commitment to continued innovation, partnership and sustainable growth deeply ingrained in our culture and leadership philosophy," he said. "I am very confident in the capabilities of Cerner's strong and experienced leadership team."