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Vizient's CEO announces retirement, current CFO named as his successor

Curt Nonomaque, president and CEO, to retire after nearly 15 years of leadership at the performance improvement company.

Beth Jones Sanborn, Managing Editor

Healthcare performance improvement giant Vizient has announced the retirement of Curt Nonomaque, president and CEO, after nearly 15 years of leadership. Vizient's current President, Chief Administrative and Financial Officer Byron Jobe will step into the role as of April 1, 2018, the company announced.

During Nonomaque's tenure, Vizient and its companies created Novation, large supply chain company that was a joint venture with University HealthSystem Consortium. The company was later chosen as a supply chain partner for Children's Hospital Association. They launched Provista to serve the supply needs of non-acute members and developed Excelerate, a joint venture with Cleveland Clinic, that focused on strategic sourcing. They also acquired MedAssets' SCM and Sg2 businesses to create a large member-driven performance improvement company.

[Also: McKesson Corporation, Vizient donations to Hurricane Harvey relief total well over $1 million]

For his part, Jobe started his career at the company in 1994, when it was known as VHA, and has has held leadership roles in strategy, operations and finance. His focus has been on corporate planning and business development. He left the company for a time, from 1999 to 2007, to work in the healthcare technology sector, including roles with with PwC, Baylor Scott & White Health and Healthvision.

"Byron is the right person to lead Vizient into the future," said Curt Nonomaque, "He has extensive experience across all our business lines and has a relentless focus on driving member and company value... A consummate professional, Byron is a values-driven leader who will advocate for our employees and our members."

Twitter: @BethJSanborn
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