Steve Massini, who has served as CEO of Hershey, Pa.-based Penn State Health since 2019, will retire Oct. 1.
He was instrumental in Penn State Health's partnership with Pittsburgh-based Highmark Health, leading to a shared $1 billion investment in the health system and a $25 million investment in research, according to a July 18 news release.
Mr. Massini first joined the health system in 2015 as CFO for Milton S. Hershey Medical Center. He was promoted to executive vice president and CFO of the health system the following year, the release said.
Throughout his tenure, Mr. Massini also oversaw the opening of two hospitals — Cumberland County, Pa.-based Hampden Medical Center and Lancaster County, Pa.-based Lancaster Medical Center — and led the Camp Hill, Pa.-based Holy Spirit Medical Center acquisition.
Mr. Massini was the first Penn State alumnus to become CEO of the university's health system.