Jim Raggio, CEO of Lompoc (Calif.) Valley Medical Center, is retiring after serving 20 years at the helm of the hospital, according to a Lompoc Record report. He plans to depart June 30.
Mr. Raggio started working at Lompoc Valley Medical Center in 1980, initially serving as manager of the clinical laboratory. He briefly left the organization in 1995 to serve as administrator of a multispecialty medical group and returned to LVMC in 1998, when he took over as CEO.
During Mr. Raggio's tenure, LVMC opened a new medical center facility and the Champion Center, an addiction treatment center. The Champion Center, however, closed in June 2017, after failing to meet financial targets.
In addition to leading the hospital, Mr. Raggio is president of the District Hospital Leadership Forum and serves on the California Hospital Association board of directors.
The LVMC board will soon begin searching for Mr. Raggio's replacement. Mr. Raggio has told the board if a selection has not been made by June 30, he will stay on as long as is necessary, according to the report.