Forbes: Universal Health Services CEO To Step Down After Four Decades At Hospital Operator
September 2020 — Longtime founder and chairman of Universal Health Services Alan B. Miller will step down as the company’s chief executive officer in January 2021 after more than four decades at the helm of the operator of hospitals and behavioral health facilities.
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Modern Healthcare: UHS' concentrated voting power won't change under new CEO
September 08, 2020 — Universal Health Services CEO Alan Miller — the second longest serving CEO of a publicly traded company behind Berkshire Hathaway's Warren Buffet—announced Tuesday he'll hand over the reins to his son in January.
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Modern Healthcare: UHS founder and CEO will step down in January
September 2020 — "Over the past four decades, we have worked hard to deliver upon our mission, care for patients in the most effective manner, grow strategically and seek opportunities," Alan Miller said in a statement. "I am personally quite proud of the care we have delivered to millions of individuals, and I am grateful for the team of dedicated professionals at UHS who have given so much to so many."
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Health Leaders: UNIVERSAL HEALTH SERVICES CEO STEPPING DOWN IN JANUARY 2021
Sept. 8, 2020 — Alan B. Miller, the founder and CEO of Universal Health Services, Inc. (UHS) will step down as CEO in January 2021, according to a press release Tuesday. This announcement is "consistent with [UHS'] longstanding succession plan," according to the release.
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Philadelphia Inquirer: CEO of $11.4 billion Universal Health Services steps aside for son in ’long-planned succession’
Sept. 8., 2020 — The 83-year-old founder of Universal Health Services, America’s largest psychiatric hospital chain and a major acute-care hospital provider, too, is handing control of the King of Prussia-based company to his son.
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Behavioral Executive Magazine: Alan B. Miller to Step Down as UHS CEO; Company Names Successor
September 2020 — Universal Health Services on Tuesday announced that founder and CEO Alan B. Miller, one of the longest-serving chief executives in the nation, will be stepping down. He will be succeeded in January 2021 by his son Marc D. Miller, the current UHS president who was appointed to be the company’s next CEO by its board of directors as part of a previously agreed-upon succession plan.
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Fierce Healthcare: UHS CEO and founder Alan Miller to step down in January
September 2020 — Alan Miller, the founder of the hospital chain Universal Health Services, will step down as chairman and CEO of the hospital system in January 2021. The King of Prussia, Pa.-based health system giant announced early Monday that President Marc Miller — who is Alan Miller's son — will become the new CEO in 2021. Miller will continue to serve as the head of the board of directors at UHS. “Over the past four decades, we have worked hard to deliver upon our mission, care for patients in the most effective manner, grow strategically and seek opportunities,” said Miller in a statement.
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Healthcare Dive: After 4-decade run, UHS CEO Alan Miller stepping down in January
September 2020 — Universal Health Services founder and four-decade CEO Alan Miller is stepping down as top executive at the King of Prussia, Pennsylvania-based system in January. Alan Miller will be replaced as CEO by his son, Marc Miller, who has served as president leading UHS' business operations, including its acute care and behavioral health divisions, since 2009.
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Philadelphia Business Journal: Alan Miller to step down as CEO of Universal Health Services in January
September 2020 — Alan B. Miller is stepping down as CEO of Universal Health Services Inc. in January, but he will continue to serve as the King of Prussia-based hospital management company's executive chairman.
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Nasdaq: Universal Health Services Founder Alan Miller To Step Down As CEO; Named Marc Miller Successor
September 2020 (RTTNews) — Universal Health Services, Inc. (UHS) announced Tuesday that its founder Alan Miller will step down as Chief Executive Officer, effective January 2021. Marc Miller, who currently serves as President, will become the new Chief Executive Officer.
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Becker’s: Universal Health Services CEO to step down; successor named
September 2020 — Alan Miller will hand the CEO reins over to Marc Miller, president of UHS. The company said Alan Miller will continue to serve as executive chair of the UHS board of directors as well as chair of the board, president and CEO of Universal Health Realty Income Trust, a real estate investment trust with 71 real estate investments in 20 states.
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Market Screener: UNIVERSAL HEALTH SERVICES INC : Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statements and Exhibits
September 2020 — Mr. Alan B. Miller, the Chairman and Chief Executive Officer of Universal Health Services, Inc. (the "Company") has informed the Board of Directors of the Company of his decision to step down from the role of Chief Executive Officer of the Company effective January 1, 2021. The Board of Directors has appointed Marc D. Miller, currently President of the Company, to assume the role of Chief Executive Officer while continuing to serve as President and a member of the Board of Directors and appointed Alan B. Miller as Executive Chairman of the Board effective on that date.
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The Fly: Universal Health CEO Alan Miller to step down in 2021, Marc Miller to succeed
September 2020 — Universal Health Services announced that consistent with its longstanding succession plan, Alan Miller, Founder, Chairman and CEO of Universal Health Services, will step down as CEO of the company and transition leadership to Marc Miller, who currently serves as President.
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Healthcare Finance News: UHS founder and CEO Alan Miller to step down in January after four decades of service
September 2020 — Universal Health Services founder, chairman and CEO Alan Miller will step down as CEO in January after serving for four decades. He will be succeeded by his son, Marc Miller, the current president at UHS.
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Behavioral Healthcare Business: Longtime UHS CEO to Step Down; His Son to Take Over
September 2020 — The longtime CEO of Universal Health Services (NYSE: UHS) — Alan B. Miller — is stepping down after more than 40 years on the job, the hospital management giant announced Tuesday.
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Montco Today: Universal Health Services CEO, Founder Retiring at End of Year
September 2020 — Eighty-three-year-old Miller has served as the company’s chairman and CEO since he founded UHS in 1979. What was then a six-employee operation has now grown to around 90,000 employees.
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Sacramento Bee: CEO of $11.4 billion Universal Health Services steps aside for son in ‘long-planned succession’
September 2020 — The senior Miller is generally credited with being a pioneer in purchasing hospitals in fast-growing communities and building a network out of them. Last year, the for-profit, publicly traded UHS had net income of $815 million on $11.4 billion in revenue.
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