"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.
Stories older than 90 days are available only to subscribing members. Please help sustain quality local journalism by becoming a subscribing member today.
If you are already a subscriber, please log in so you can continue to enjoy unlimited access to stories and archives. Subscriptions start at $5 per month and may be cancelled at any time.