Independent Health made it clear in an announcement Thursday that it has a succession plan in place for whenever its longtime CEO calls it a career.
Effective Feb. 26, President and CEO Dr. Michael W. Cropp will remain CEO and Chief Financial Officer Jim Dunlop will be elevated to the role of president. The two executives will โwork collaboratively to steward the companyโs succession plans and guide Independent Health into its next phase of growth,โ the Amherst-based health plan announced.
Cropp, 69, told The Buffalo News he has no specific retirement date in mind. Cropp will continue to guide the nonprofitโs overarching strategy and remains responsible for high-level decisions, but heโs also focused on โmaking sure that Jim is ready, and giving him the coaching and the exposure and the experience.โ
โIn helping to move him through that process, Iโll get to a certain point where I am very comfortable knowing that, โHey, heโs ready,โโ said Cropp, who has been president and CEO since 2004. โAnd at that point, I can sit down with the board and say, โNow, letโs talk about a date.โโ
Cropp said Dunlop, 53, should be viewed as a โleading and prepared candidateโ to become the next CEO, though he noted that Independent Healthโs board will ultimately make that decision when the time comes.
Cropp described succession planning at Independent Health as โdeliberate,โ noting heโs had conversations with the board over the last few years to look at internal candidates with the right attributes and experience.
โOur succession plan will make…
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