Dr. Larry Kaiser is stepping down after leading Temple University’s Health System through a period of transformation.
He will resign as president and CEO of the Health System on Dec. 31 after 8½ years in the position. He will also step away from his roles as dean of Temple’s Lewis Katz School of Medicine and as university senior executive vice president for health sciences.
Under his leadership, Temple’s health system invested in the establishment of a network of ambulatory care centers and opened a major branch campus in the Lehigh Valley.
Kaiser said the institution’s efforts to “comprehensively restructure the health system are well on the way to completion.”
“I feel that we are on a solid path going forward, and that the time is right for me to move aside and allow new leadership to take the helm,” he said in a statement.
“It is difficult to leave a place where I have invested so much of my passion, energy and enthusiasm, but I think it is important for Temple to allow new leadership to step in and guide the restructured enterprise into its next chapter. This is the right time for me and for Temple to make this change and I look forward to the next phase of my career.”
Kaiser led the institution through a period of unprecedented change in health care regulation, ever-increasing pressure on Medicaid and Medicare reimbursements, and one of the most competitive regional health care marketplaces in the nation for providers of clinical services.
Effective Sept. 30, Chief Restructuring Officer Stuart McLean will assume the duties of acting CEO of the Health System, and Emeritus Dean John M. Daly will serve as interim dean of the Lewis Katz School of Medicine. Kaiser will remain until the end of the year to ensure a smooth transition for the clinical enterprise and medical school.
Temple President Richard M. Englert lauded Kaiser for tackling the monumental challenges facing the health system, being both a comprehensive academic medical center and a critical safety net for the North Philadelphia community.
“Only someone of Larry’s vision and drive could have provided the leadership necessary for the organization to excel at every level, and the health system today has emerged in a far stronger and more stable position than at any time in recent memory,” Englert said in a statement.
Officials said Kaiser’s reputation and character enabled him to recruit top-notch practitioners and researchers to ensure that the broadest range of cutting-edge services would be available to the community served by Temple Health.
“Larry Kaiser is a person of exceptional talent, diligence and experience,” said Mitchell Morgan, chair of the Temple University board of trustees.
“Temple is far better for his service over the last eight years, and I have no doubt that health care providers, regulators and legislators will continue to rely on his insights for years to come.”
A renowned thoracic surgeon, researcher and executive, Kaiser came to Temple in 2011 from UTHealth, the University of Texas Health Science Center at Houston, where he was president.
A graduate of Tulane University School of Medicine, Kaiser completed his internship and residency in general surgery as well as a fellowship in surgical oncology at UCLA. He then completed a residency in cardiovascular surgery and thoracic surgery at the University of Toronto.
During his distinguished career, Kaiser has served on the faculty at Memorial Sloan-Kettering Cancer Center, Cornell University Medical College and the Washington University School of Medicine in St. Louis before joining the University of Pennsylvania, where he held a succession of positions.