Froedtert Health and Froedtert Hospital Appoint Senior Leaders
Milwaukee, Wis. (June 17, 2011) — William D. Petasnick, president and chief executive officer of Froedtert Health and Froedtert Hospital, announced today that effective July 1, Catherine Jacobson, executive vice president of finance and strategy for Froedtert Health, will be promoted to president of Froedtert Health; and Cathy Buck, executive vice president and chief operating officer of Froedtert Hospital, will be promoted to president of Froedtert Hospital.
Petasnick, who will continue to serve as the chief executive officer of Froedtert Health, said, “My focus will turn to the long-term development needs of the health system, physician integration, fundraising and advancing health care reform at the national and state levels.”
As president of Froedtert Health, Jacobson will assume responsibility for the overall operations of the health system. Three hospital presidents, the Froedtert Health Medical Group leadership team and other senior Froedtert Health managers will report to her. She will also continue to oversee long-term strategic and financial planning efforts at the system level.
“Over the past year, Cathy Jacobson has brought fiscal, operational and strategic strengths to Froedtert Health. She has developed a thorough understanding of our organization and has gained the confidence of the board in her capabilities and judgment,” said David Lubar, chairman of the Froedtert Health board of directors. “We are impressed with Cathy’s leadership and interpersonal skills, her focus on strategic matters and her deep knowledge of national health care issues acquired through years of service and as national chair of the Healthcare Financial Management Association in 2010.”
Jacobson came to Froedtert Health in 2010 after 14 years with Rush University Medical Center in Chicago, where she guided the organization through long-term strategic planning while building innovative partnerships with other health care providers and insurance companies.
Cathy Buck, RN, as president of Froedtert Hospital, will be responsible for the financial, quality and service goals of the organization, working in partnership with Medical College of Wisconsin physicians. Buck will work directly with the Froedtert Hospital board of directors in developing community benefit strategies to improve the health status of eastern Wisconsin region residents served by the academic medical center.
Buck has served in progressive leadership capacities at Froedtert Hospital since 1983, pioneering numerous patient safety and quality improvements. Her work in bringing Six Sigma and Lean to health care has been recognized nationally through numerous presentations, awards and business media. She has served as executive vice president and chief operating officer since 1999.