UMMS Names Interim Board Chair and Interim President
For immediate release: August 21, 2008
The University of Maryland Medical System Board of Directors has announced the interim appointments of Maryland House Speaker Michael Busch as Board Chairman and Robert A. Chrencik as President and CEO of the University of Maryland Medical System (UMMS). The University System of Maryland Board of Regents approved Mr. Chrencik's appointment on August 21.
Speaker Busch, a longstanding UMMS board member, will serve as board chair on a temporary basis until the board nominates a permanent chair. John Erickson stepped down as board chair after six years of devoted service. In accepting his interim role, Speaker Busch said, “Our board of directors is grateful to John Erickson for his commitment to advancing our institution. It is my intention to serve in this capacity only until a permanent board chair has been selected.”
Mr. Chrencik has been the long-time, respected financial leader of the Medical System since its creation in 1984. He became its chief financial officer in 1987 and has been its executive vice president and CFO since 1999.
“Bob is the right person to assume the reins of leadership on an interim basis. He will move us forward in the months ahead,” commented Speaker Busch.
“It will be an honor to serve as interim CEO during this transition,” said Mr. Chrencik. “The growth of the University of Maryland Medical System is an incredible success story. “We have extremely talented physicians, nurses and staff at our nine hospitals across Maryland. Their devotion is remarkable. I am looking forward to serving the Medical System in this capacity.”
Speaker Busch said, “The University of Maryland Medical System Board of Directors will form a search committee to find a permanent president and CEO to lead the private, not-for-profit Medical System. The committee intends to begin a search later this year and retain a national executive search firm to assist in the process.”
Prior to joining the medical system, Mr. Chrencik was a senior manager in healthcare consulting at KPMG Peat Marwick LLP in Baltimore and a supervisor in the accounting and audit practice at Coopers & Lybrand in Baltimore.
He earned a B.S. degree, summa cum laude, from Bucknell University and an M.B.A. from Loyola College in Maryland. Mr. Chrencik has served as president of the Maryland chapter of the Healthcare Financial Management Association and serves on the financial policy committee of the Maryland Hospital Association. He is on the boards of Kernan Hospital and University Specialty Hospital. He is a member of the American Institute of CPAs and the Maryland Association of CPAs.
The University of Maryland Medical System has grown to be the third largest employer in the Baltimore metropolitan area. It includes the University of Maryland Medical Center, Kernan Hospital, University Specialty Hospital, University of Maryland Medical Center Midtown Campus, Baltimore Washington Medical Center, Shore Health System, Chester River Health System and Mt. Washington Pediatric Hospital, which is owned in partnership with Johns Hopkins.
The Medical System generates nearly $3.5 billion in economic activity in Maryland. It has 14,800 employees, more than 1,700 licensed beds, 83,000 annual admissions and gross patient revenues of $2 billion.
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