New leaders on the way at VGM Group
WATERLOO, Iowa – The VGM Group plans to name a new CEO early this year, says interim CEO Jim Walsh.
In the wake of the death of founder and CEO Van Miller, VGM officials had said they hoped to convene their board of directors in November to decide on a new CEO.
“We are reorganizing the board a bit and expect to announce a new CEO in February,” said Walsh, who has also been appointed chairman of the board.
Miller, 67, died of an apparent heart attack on Oct. 18.
In a nod that the board is maybe looking internally to fill the role, Walsh said, “We have a well-qualified and experienced group of executives here at VGM and things are moving forward.”
In addition to Walsh, VGM’s executive team includes COO Jim Phillips and CFO Mike Mallaro.
Once a new CEO has been named, Walsh says he will return to his role as general counsel.
“I made it clear that I was not going to keep the CEO job for long,” he said.
Miller founded VGM in 1986 on the belief that quality home health care is best delivered by community-based, independent providers. It has grown into a diverse company of business units in not only post-acute health care but also golf, restaurants, O&P and physical therapy.
Today, VGM is 100% owned by its 850-plus employees. Most work at its corporate headquarters here, but the company also has offices in Dade City, Fla.; Atlanta; Kansas City; Phoenix; and Toronto. hme