Marcy Feit, ValleyCare Health System's president and chief executive officer since 1997, quit her post suddenly Tuesday, it was announced Thursday.
John Sensiba, chairman of the ValleyCare board of directors, said the Feit departure occurred at the board's meeting Tuesday and was announced to the ValleyCare medical and support staff the next day. The board immediately named as interim ValleyCare CEO Scott Gregerson, who is the health system's vice president of Strategic Partnerships.
Sensiba said he couldn't talk about Feit's departure "at this time," but a message he is sending to the supporters of the system indicates Feit's departure may not have been voluntary.
"Health care in general and ValleyCare specifically are going through tremendous changes to adapt to the new health care environment," Sensiba said in his message about Feit's departure.
"In recent years we have partnered with numerous organizations and individuals to increase our strength in the market place including the formation of a medical foundation and our physician network," he continued. "We are continuing to look at additional partners and affiliations that can help us to preserve and enhance our services to the community."
Sensiba said that the board and its management team are "implementing short term and long term strategies to ensure the fiscal health of the organization."
"You can be assured that any decisions we make will be based on our mission that is focused on patient care, safety and quality," he added. "We have a number of strategic decisions in front of us that we will continue to explore and implement."
Sensiba said he and others on the volunteer board of directors will continue to devote the time required to keep ValleyCare "moving forward."
Feit was appointed president and chief executive officer of ValleyCare Health System in July 1997. She is a board member of the California Institute for Regenerative Medicine in stem cell research, and has served on a state strategic planning committee for nursing, the Medical/Auxiliary Advisory Committee for Chabot College, and the board of directors for Hope Hospice.
She also has served on the Tri-Valley Business Council, as a member of the East Bay Hospital Council, on the boards Cooperative Hospitals, Inc., VHA West Coast, and Sigma Theta Tau, International.
She also holds a number of recognitions, including as Contra Costa County's 1998 Women of Achievement, the 2004 San Francisco Business Times Top 100 Business Women of the Year and in 2005, as Tri-Valley Magazine's Ten Most Powerful Women.
In 2004, the ValleyCare board dedicated its new nursing center as the Mertes-Feit Chabot Las Positas ValleyCare Education Center, in her honor as well as to recognize the achievements of longtime ValleyCare board member and past chairman David Mertes.
In a 2007 interview with the East Bay Business Journal, Marcy Feit, who with her husband James has seven children, said that what she liked least about her job as CEO at ValleyCare was "trying to keep an organization financially stable in a very difficult environment."
In answer to a question about what she considered her biggest missed opportunity, Feit responded: "I had an opportunity to do more international work and haven't been able to make that work because this is a local community hospital that demands a great deal of my attention."
Given this week's action it's an opportunity she may now have the time to pursue.