Ed Murphy, CEO of Carilion Clinic, is leaving the healthcare giant. Carilion announced Murphy's departure Wednesday afternoon. Nancy Agee, who is currently Carilion's Chief Operating Officer, will become CEO July First.
Murphy joined Carilion in 2001 and oversaw the company's transition to a clinic-model healthcare provider. According to a source, Murphy will take a job with an equity firm. Carilion said Murphy's departure has been in the planning stages for about six months. Murphy called the decision "difficult" but also added that he's from New York, so it's a homecoming of sorts.
A source close to the company, who did not want to be identified, said Murphy was not forced out. The source called Murphy a visionary leader who restructured the company. The source also said the company was "thrilled" to have Agee as CEO.
Carilion employs more than 600 physicians, according to its website, and has more than 12,000 other employees. It operates eight hospitals across Southwest Virginia and reported more than a million primary care and emergency department visits in 2009.