News

El Camino Hospital names interim CEO

Ned Borgstrom, current El Camino interim CFO, has served as interim CEO for Kaiser

El Camino Hospital has named an interim CEO to serve in the place of departing CEO Ken Graham until a permanent replacement is found.

Ned Borgrstrom, the hospital's current interim chief financial officer will soon fill two roles -- that of CFO and CEO.

"Ned's rich background overseeing finances and administration for large health systems and medical centers makes him well-suited for the role of interim CEO," John Zoglin, chairman of El Camino's board of directors, said in a statement released by the hospital. "He is already familiar with our operations and he has previous CEO experience."

Before coming to El Camino, Borgrstrom was the interim CFO of Kaiser Permanente's Northern California division, which serves 3.3 million members over 20 hospitals. Before that he was senior vice president of finance and administration at the three-hospital Exempla Healthcare in Denver, Colo.

The hospital is currently conducting a nationwide search for a new CEO in partnership with Russell Reynolds, a San Francisco-based executive search firm. He holds an M.B.A. from Stanford University.

Once a new CEO is hired, that CEO will appoint a permanent CFO.

Comments

 +   Like this comment
Posted by Duke
a resident of Old Mountain View
on May 12, 2011 at 8:58 pm

Please list CEO's requirements.


 +   Like this comment
Posted by LOL
a resident of Whisman Station
on May 13, 2011 at 10:18 am

Apparently the requiements are below for the next CEO
- Ability to deal with a corrupt, egotistical and inexperienced Board
- Have no desire to change the status quo or break up the inner circle of board members and certain ex boardmembers who have cut backroom deals for the last 15 years.
- Ability to take the direction of the Board who have no management experience in Public Health.


 +   Like this comment
Posted by Blane
a resident of St. Francis Acres
on May 13, 2011 at 10:25 am

Zoglin, chairman of El Camino's board of directors, said in a statement released by the hospital. "He is already familiar with our operations and he has previous CEO experience."

Where was he a CEO I dont see anything in his BIO that reflects that......


 +   Like this comment
Posted by Robert Finney PhD
a resident of another community
on May 13, 2011 at 10:50 am

Original, documented investigation, "Kaiser Permanente-KPMG Independent Auditor Bid Rigging," is posted at Web Link
Robert D. Finney, Ph.D.


 +   Like this comment
Posted by Outraged!
a resident of Old Mountain View
on May 13, 2011 at 8:40 pm

@ LOL

Thanks for your reply... Very much to the point!


 +   Like this comment
Posted by Son_of_LOL
a resident of Old Mountain View
on May 13, 2011 at 8:44 pm

"- Have no desire to change the status quo or break up the inner circle of board members and certain ex boardmembers who have cut backroom deals for the last 15 years."

Are these backrooms smoke-filled? LOL


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