Granger Cobb, the former CEO of Emeritus who merged that company into Brookdale Senior Living in the middle of last year, died this week at age 54. Cobb had led Emeritus since 2007 and, in a statement, Brookdale CEO Andy Smith called him "a true pioneer and leader in our industry."
The Vanderbilt University Board of Trust has elected the members of the Vanderbilt University Medical Center governing board, with numerous local business heavy-hitters included.
Edith Scott Carell “Edie” Johnson, president and legal counsel for the Carell Family LLC, will serve as chair, with John F. Stein, Tennessee state president and national market executive of for-profit health care in global commercial banking at Bank of America Merrill Lynch, to be the vice chair.
VU Chancellor Nicholas S. Zeppos and VU Vice Chancellor for Health Affairs Jeff Balser also will serve.
The other board members include the following: Michael M. E. Johns (chief executive officer for the Emory System of Health Care); Richard B. “Dick” Johnston Jr. (associate dean for research development and professor of pediatrics at the University of Colorado School Of Medicine); Samuel E. “Sam” Lynch (founder of BioMimetic Therapeutics); and Thomas J. “Tom” Sherrard II (founding member of Nashville law firm Sherrard & Roe).
In addition to Zeppos, the current Vanderbilt University Board of Trust members who will serve on both the Vanderbilt and VUMC boards are Bruce R. Evans, Jackson W. Moore and David W. Patterson. Four of the VUMC board members, including Zeppos, are current members of the VU Board of Trust.
The independent board will begin planning for VUMC to operate as a separate entity and will govern it once its financial and administrative transition from the university is completed by year’s end.
In November 2014, the board of trust directed the institution’s senior leadership to reconfigure VUMC as a nonprofit academic medical center that is financially distinct from Vanderbilt University. (The two entities are expected to remain closely aligned in some respects.)
Once VUMC is established as a separate entity, Balser will drop his title of vice chancellor for health affairs and will become president and CEO of Vanderbilt University Medical Center. He will continue as dean of the Vanderbilt University School of Medicine.
Read about the new board members here.
POSTDATA: WARRANTY DEEDS