Bob Glenning, president of the financial and digital technology 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.
"I am especially proud of the work we have done to improve the health and well-being of our communities," Mr. Glenning said in a Nov. 4 statement shared with Becker's. "By ensuring our health system is financially strong, we have been able to make healthcare more accessible by forming New Jersey’s largest health system, creating the Hackensack Meridian School of Medicine, forging innovative partnerships with organizations like Google, and helping to create opportunities for underserved communities through our network’s unique charity care program, which has provided nearly $1 billion so people can access high-quality healthcare whenever and wherever they need it."
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.
Editor's note: This story was updated Nov. 4 at 9:30 a.m. CT.