Sioux Falls, South Dakota — Sanford Health’s longtime CEO has stepped down, according to a press release from the health system.
According to the release, Sanford Health and longtime CEO Kelby Krabbenhoft have mutually agreed to part ways.
In their statement the Board of Trustees recognized Krabbenhoft’s contributions to the organization over his long tenure. He assumed the role of president and CEO in 1996 and built the organization from a community hospital into the largest rural non-profit health system in the country, now spanning 26 states and 10 countries. Board Chair Brent Teiken said, “Kelby’s impact on the organization and the communities it serves will be felt for generations to come.”
There is no word from the health system on the timing of Krabbenhoft’s departure.
The Sanford Board of Trustees has appointed Bill Gassen president and CEO of Sanford Health. Gassen has been with the organization since 2012, most recently serving as chief administrative officer. His appointment is effective immediately.
Sanford says their executive leadership team of Executive Vice President Micah Aberson, Chief Medical Officer Allison Suttle, Chief Operating Officer Matt Hocks, Chief of Staff Nathan Peterson and Chief Finance Officer Bill Marlette, will continue to assist with the duties of overseeing the organization.
Sanford operates several hospitals around the KIWA listening area, including the Sanford Sheldon Medical Center, Clinic and Senior Care.
