Jay Grinney: Difference between revisions
(New page: '''Jay Frederick Grinney''' (born March 20, 1951 in Milwaukee, Wisconsin) is the president and CEO of HealthSouth. Grinney was raised in Racine, Wisconsin. He worked part-tim...) |
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'''Jay Frederick Grinney''' (born [[March 20]], [[1951]] in Milwaukee, Wisconsin) | [[Image:Jay Grinney.jpg|right|thumb|Jay Grinney]] | ||
'''Jay Frederick Grinney''' (born [[March 20]], [[1951]] in Milwaukee, Wisconsin) was the president and CEO of [[HealthSouth]] from May [[2004]] to December [[2016]]. | |||
Grinney was raised in Racine, Wisconsin. He worked part-time at a turkey farm while studying at St Olaf College in Northfield, Minnesota. He earned an MBA and master's in health administration at Washington University in St Louis, Missouri in [[1981]] and began working as a management trainee at Houston's Methodist Hospital. | Grinney was raised in Racine, Wisconsin. He worked part-time at a turkey farm while studying at St Olaf College in Northfield, Minnesota. He earned an MBA and master's in health administration at Washington University in St Louis, Missouri in [[1981]] and began working as a management trainee at Houston's Methodist Hospital. | ||
He was hired by the Columbia Healthcare Corporation in [[1990]] and was serving as president of its Houston, Texas division when it merged with Nashville, Tennessee's Hospital Corporation of | He was hired by the Columbia Healthcare Corporation in [[1990]] and was serving as president of its Houston, Texas division when it merged with Nashville, Tennessee's Hospital Corporation of America in [[1994]]. He became HCA's Eastern Group president until he was tapped in May [[2004]] to succeed founder [[Richard Scrushy]] and interim CEO [[Robert May]] as head of Healthsouth. Grinney's goals in turning the company around after a massive [[HealthSouth#Accounting scandal|accounting scandal]] included making Scrushy "irrelevant" to the story of the company. By most accounts he accomplished that goal, focusing on acquiring and operating inpatient hospitals. | ||
Grinney | Grinney and his second wife divorced in [[2005]]. In [[2006]] he was diagnosed with cancer. He underwent surgery to remove a tumor and has remained in remission. | ||
Grinney and his third wife, Melanie, reside in [[Mountain Brook]]. He has three children from his first marriage. | Grinney has also served on the executive committee of the [[Birmingham Business Alliance]] and on the board of directors of the [[Birmingham Civil Rights Institute]]. He was inducted into the [[Birmingham Business Hall of Fame]] in [[2017]] and the [[Alabama Business Hall of Fame]] in [[2020]]. | ||
After his retirement, Grinney remained in Birmingham. He and his third wife, Melanie, reside in [[Mountain Brook]]. He has three children from his first marriage. | |||
{{start box}} | |||
{{succession box | | |||
before=[[Richard Scrushy]] | | |||
title=CEO of [[HealthSouth]] | | |||
years=May [[2004]] - December [[2016]] | | |||
after= [[Mark Tarr]] | |||
}} | |||
{{end box}} | |||
==References== | ==References== | ||
* Foust, Dean (February 6, 2005) "Breathing Life Into HealthSouth." ''BusinessWeek'' | * Foust, Dean (February 6, 2005) "Breathing Life Into HealthSouth." ''BusinessWeek'' | ||
* Brown, Melissa (November 1, 2016) "After engineering turnaround, Grinney handing off reins at growing HealthSouth." {{BBJ}} | |||
* Poe, Kelly (November 10, 2016) "How Jay Grinney navigated HealthSouth through its - and his - darkest days." {{BN}} | |||
{{DEFAULTSORT:Grinney, Jay}} | {{DEFAULTSORT:Grinney, Jay}} | ||
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[[Category:Living people]] | [[Category:Living people]] | ||
[[Category:Chief executives]] | [[Category:Chief executives]] | ||
[[Category:Birmingham Business Hall of Fame]] | |||
[[Category:Alabama Business Hall of Fame]] | |||
Latest revision as of 16:15, 23 July 2020
Jay Frederick Grinney (born March 20, 1951 in Milwaukee, Wisconsin) was the president and CEO of HealthSouth from May 2004 to December 2016.
Grinney was raised in Racine, Wisconsin. He worked part-time at a turkey farm while studying at St Olaf College in Northfield, Minnesota. He earned an MBA and master's in health administration at Washington University in St Louis, Missouri in 1981 and began working as a management trainee at Houston's Methodist Hospital.
He was hired by the Columbia Healthcare Corporation in 1990 and was serving as president of its Houston, Texas division when it merged with Nashville, Tennessee's Hospital Corporation of America in 1994. He became HCA's Eastern Group president until he was tapped in May 2004 to succeed founder Richard Scrushy and interim CEO Robert May as head of Healthsouth. Grinney's goals in turning the company around after a massive accounting scandal included making Scrushy "irrelevant" to the story of the company. By most accounts he accomplished that goal, focusing on acquiring and operating inpatient hospitals.
Grinney and his second wife divorced in 2005. In 2006 he was diagnosed with cancer. He underwent surgery to remove a tumor and has remained in remission.
Grinney has also served on the executive committee of the Birmingham Business Alliance and on the board of directors of the Birmingham Civil Rights Institute. He was inducted into the Birmingham Business Hall of Fame in 2017 and the Alabama Business Hall of Fame in 2020.
After his retirement, Grinney remained in Birmingham. He and his third wife, Melanie, reside in Mountain Brook. He has three children from his first marriage.
| Preceded by: Richard Scrushy |
CEO of HealthSouth May 2004 - December 2016 |
Succeeded by: Mark Tarr |
References
- Foust, Dean (February 6, 2005) "Breathing Life Into HealthSouth." BusinessWeek
- Brown, Melissa (November 1, 2016) "After engineering turnaround, Grinney handing off reins at growing HealthSouth." Birmingham Business Journal
- Poe, Kelly (November 10, 2016) "How Jay Grinney navigated HealthSouth through its - and his - darkest days." The Birmingham News