Altru Health System Board Announces Executive Leadership Transitions
Grand Forks, N.D. – February 3, 2020 – Altru Health System’s Board of Directors today announced two changes in executive leadership, effective immediately. Brad Wehe, Chief Executive Officer, and Sara Lusignan, Chief Financial Officer, are leaving the organization. Craig Faerber, interim Chief Financial Officer, will join the executive team, led by President Dr. Steven Weiser, who will assume all leadership responsibilities.
“We thank Brad and Sara for their contributions during a time of great change in healthcare,” said Kris Compton, Altru Health System Board Chair. “As we evolve as an organization to capitalize on the opportunities ahead of us, it’s critical that we have the expertise and leadership in place to support the organization’s goals.”
Faerber joins Altru as a senior financial leader with nearly four decades of industry expertise. His executive-level experience spans prominent health systems like Kaiser Permanente and Guthrie Health. Faerber has worked in all major areas of health care including integrated health systems, hospitals, medical groups, health maintenance organizations and home health agencies. Faerber holds a Bachelor of Business Administration in accounting from Marshall University, Huntington, West Virginia, and is a certified public accountant (CPA).
“Dr. Weiser, Craig and the rest of our executive team have the direct experience, commitment and work ethic to ensure that our strategic and financial path forward remains strong. We look forward to working with them to further strengthen Altru and its leadership team,” shared Compton. “Altru’s steadfast commitment to providing the highest quality care to the patients of our region remains unchanged. The Board is confident in Altru’s future, guided by expert leadership and a bold strategic plan.”
About Altru Health System
Altru Health System is a community-owned, integrated system with an acute care hospital, a specialty hospital, more than a dozen clinics in Grand Forks and the region, and a large home care network. It employs more than 200 physicians and 3,800 staff and has annual net operating revenue of more than $524 million. As the first member of the Mayo Clinic Care Network, Altru’s providers have access to clinically integrated tools extending Mayo Clinic’s knowledge and expertise to patients.