Methodist Hospital CEO McFadden Gives Resignation
November 5, 2013 — Methodist Hospitals administration today says that after five years as Methodist Hospitals’ Chief Executive Officer and President, Ian McFadden is tendering his resignation, effective November 30, 2013.
Hospital administration says Methodist’s Vice President of Medical Affairs Michael Davenport, M.D., is Interim President and CEO of the hospital system.
Methodist shared a statement from McFadden saying, “I am very proud of what we have accomplished here at Methodist during the past 5 years, from undergoing a $73M turnaround to placing Methodist as one of the top rated hospitals in Indiana and the Chicagoland area. I feel the time is right for me to move on to pursue an academic career and engage in other hospital operational and strategic consulting and business opportunities which I have been unable to do while I have served in the CEO capacity. It is time for me to devote time to those things which I have wanted to pursue for a long while. During this time, I have had the opportunity to see Methodist become a leader in technology and a top provider of quality specialized medicine in the NWI region and, more importantly, develop a culture that is focused on employee and physician engagement and patient service excellence. We have been fortunate to receive numerous awards and accolades during the past 5 years; and I am confident that Methodist will continue to excel at being one of the premier health care providers in the region. I wish to thank all of the wonderful Board Members, Physicians, Executive Team members, managers, employees and volunteers, as well as all community partners, for their support through the years. I will miss everyone that I had the opportunity to serve”.
Methodist says Davenport has served as Vice President of Medical Affairs for the past five years.
Chairman of the Methodist Hospitals Board of Directors Chairman William Braman says Dr. Davenport is committed to the course set by McFadden over the past five years, “We are confident in Dr. Davenport and his ability to take the organization into the future.”