Stanford Health and Care announced today that Chief Medical Officer Dr. David J. Hinkley has been named CEO of the healthcare company.
The company is a major investor in the online health care platform Medtronic.
Hinkley joins a group of high-profile medical and financial CEOs in which he joins the ranks of former Microsoft CEO Steve Ballmer, Apple CEO Tim Cook, Oracle CEO Safra Catz and Amazon CEO Jeff Bezos.
Stanford Health said Hinkle will be responsible for leading the company’s strategic and business development initiatives, as well as the companywide strategic planning and execution of the company.
He will also be responsible in his capacity as a physician and clinical leader for the Stanford Health network.
“Dr. Hinksley has demonstrated a remarkable track record in the healthcare industry,” said Stanford Health CEO James Gorman.
“We are fortunate to have him on board as our new CEO.”
The company has a focus on patient care and health outcomes, and Stanford Health has been a leader in research into how to deliver health care across the country.
The company was founded in 2014 by Stanford Medical School graduate and Stanford University professor of health care and science, Dr. Joseph M. D’Agostino, with $20 million in investment.
It has grown rapidly, with the largest hospital network in the United States and a global presence.
In March of this year, Stanford Health was ranked by Forbes as one of the world’s 50 largest health companies by its subscribers, with more than 1.3 million people enrolled.
The Stanford Health Board will meet in Palo Alto, California, this week to nominate the next CEO.