Providing a thread of continuity, Mike Scialdone has been named chief executive officer of Memorial Health System effective Monday, Oct. 1, the day the city will execute a 40-year lease of the system to University of Colorado Health.
Scialdone has served as interim CEO since May, when Dr. Larry McEvoy resigned. Scialdone, an Auburn University graduate, came to Memorial in 2008 and has served as chief financial officer and chief compliance officer. The three years prior, he was CFO at Penrose-St. Francis Health Services.
In a letter to employees, UCH CEO Bruce Schroffel said, "Mike has been a great asset in helping us understand the needs of Memorial and the community it serves, as well as its employees."
While Scialdone offers a tie to Memorial's past, the fact that it was UCH appointing him hints at how little authority the new Memorial Board of Trustees will have. As per the lease, that board "shall be subject to the full authority of UC Health as described in the articles of incorporation and bylaws of New Memorial."
The board will oversee local operations but won't make some of the biggest decisions — for instance, which services continue at Memorial. Those decisions will come from UCH's board, on which Colorado Springs has no seat.
Memorial's board will include four chosen by UCH and seven El Paso County residents nominated by a committee comprising three people from UCH and three people from the city. All appointees must pass muster with UCH. The city is taking applications until Oct. 4; they're available at springsgov.com.