Bob Glenning, president of the financial services division and CFO of Edison, N.J.-based Hackensack Meridian Health, has shared plans to retire after 18 years with the nonprofit health system, effective Dec. 9, according to an Oct. 28 news release.
Mr. Glenning will be succeeded by Michael Allen, who submitted his resignation as CFO of Peoria, Ill.-based OSF HealthCare System, effective Nov. 8.
In his new role, Mr. Allen will oversee Hackensack's revenue operations, financial services, investment management teams and purchasing and materials management. He will also manage the system's short and long-term financial plans, serve as Hackensack CEO Robert Garrett's strategic business partner and provide finance-related advice to the board of trustees, the release said.
Hackensack Meridian Health comprises 18 hospitals, more than 500 patient care locations, more than 35,000 employees and 7,000 physicians.