"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.
This story contains 182 words.
If you are a paid subscriber, check to make sure you have logged in. Otherwise our system cannot recognize you as having full free access to our site.
If you are a paid print subscriber and haven't yet set up an online account, click here to get your online account activated.