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Saturday, November 17, 2001

Last modified at 7:19 p.m. on Friday, November 16, 2001

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  Otis Story

Shands board names interim CEO

By Sarah Skidmore
Times-Union business writer

The Shands Jacksonville board of directors named Otis Story the interim chief executive officer of the hospital yesterday.

Story joined Shands last June as the hospital's chief operating officer. Story will replace Bob Norton, who worked as CEO of the hospital for three years. Norton is leaving the hospital Dec. 14 to take a new position as president and CEO of The North Shore Medical Center in Boston.

"The board's unanimous decision to forego a national search and appoint Otis interim CEO shows the members' support and confidence in his ability to lead Shands Jacksonville," said Timothy Goldfarb, chief executive officer for Shands HealthCare, the parent organization for the hospital.

As CEO, Story is responsible for the 3,300 employees of the 760-bed hospital that is affiliated with the University of Florida.

Story said he plans to continue the recently launched $275 to $300 million recapitalization plan for the hospital and other operational improvements under way.

"I don't see any great need to alter the path we are on," he said. "We are committed to this plan."

The hospital eliminated 145 positions this week to save money. The cuts are part of its efforts in the five-year reinvestment plan, which is intended to stabilize the hospital's financial future.

Prior to Shands Jacksonville, Story worked as executive vice president and chief operating officer of Memorial Health University Medical Center in Savannah, Ga. He has more than 20 years of experience in health care administration.

"I am extremely excited," Story said of his new position. "As far as my professional life goes, it is a dream come true."

Staff writer Sarah Skidmore can be reached at or via e-mail at sskidmore.


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