Main Line Health CEO Jack Lynch will retire next June after 20 years at the helm, reports Harold Brubaker for The Philadelphia Inquirer.

At 64, Lynch has navigated significant growth for the nonprofit health system, including the aquisition of Riddle Hospital and Mirmont Treatment Center. However, he faced substantial financial challenges following the COVID-19 pandemic and the health system reported steep annual losses.

Under Lynch’s leadership, Main Line Health emphasized behavioral health services and sought to address access disparities in the community. He also guided the health system’s split from the Jefferson Health System, a long time financial partner.

Lynch made the decision years ago to retire after two decades of service. “I’m excited about the opportunity for someone to come in with the same level of energy and excitement and passion that I came in with,” he said.

Lynch’s retirement contributes to an overall generational turnover within the health system. Longtime CFO Michael Buongiorno retired last year and general counsel Brian Corbett will retire later this year.

The board hired Korn Ferry, an executive search firm, to find his replacement. The organization is focussing on cost management, having reduced loss significantly over the last year. Lynch hopes that his successor will be a people person committed to quality, safety, and affordability. He also expects them to be well-equipped to navigate new partnerships for the health system.

Read more about Main Line Health’s succession plan at The Philadelphia Inquirer.