Premier, Inc. Announces CEO Transition and New President for Performance Services

Premier, Inc. (NASDAQ: PINC), a prominent technology-driven healthcare improvement company, revealed a significant managerial change through an 8-K SEC filing. The current Chief Operating Officer, Leigh Anderson, has informed the company of his decision to resign, effective December 31, 2024. Anderson, with over 11 years of service at Premier, cited personal and professional interests as reasons for stepping down. Given his tenure and age, Anderson is set to qualify for retirement benefits as per the company’s compensation and benefit plans.

In association with Anderson’s resignation, Premier, Inc. has finalized a Master Consulting Services Agreement with him. This agreement, effective January 1, 2025, will enlist Anderson’s consulting services to facilitate a smooth transition in the leadership of the Performance Services operations, aid in the support of Digital Supply Chain solutions, and cater to other business needs upon request. The agreement anticipates Anderson’s service for a period of three months, with a fixed fee of $50,000 per month.

David Zito has been appointed by Premier as the President of Performance Services, effective from December 6, 2024. In this capacity, Zito will manage Premier’s Performance Services segment, focusing on augmenting the company’s technology businesses and consulting practice. Zito brings a wealth of experience in healthcare, having served as the Chief Growth Officer at Guidehouse and in leadership positions at Navigant Consulting.

A recent press release by Premier on December 3, 2024, confirmed these management changes. The company emphasized that the information shared in the press release shall not be considered as a filing under the Securities Exchange Act of 1934 or be subject to the liabilities stipulated in that section, unless explicitly referenced in any future filings.

The alterations in Premier’s leadership structure align with its strategic objectives. Bruce Radcliff will continue to oversee the group purchasing organization, now reporting directly to Michael J. Alkire, the President and CEO. Alkire expressed confidence in Zito’s ability to drive growth within the Performance Services segment and hailed Anderson’s contributions to Premier’s progress.

Premier, Inc., not intending to fill the COO role, has restructured its leadership with an emphasis on strategic alignment, enhanced member value, and operational efficiency. The company remains committed to its mission of leveraging technology and collaborations to enhance healthcare outcomes across the U.S.

For more information about Premier, Inc.’s recent developments and leadership transition, visit the company’s official news and investor platforms.

Please note that this news article is based on the information disclosed in Premier, Inc.’s recent 8-K SEC filing.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Premier’s 8K filing here.

About Premier

Premier, Inc, together with its subsidiaries, operates as a healthcare improvement company in the United States. It operates in two segments, Supply Chain Services and Performance Services. The Supply Chain Services segment offers its members with an access to a range of products and services, including medical and surgical products, pharmaceuticals, laboratory supplies, capital equipment, information technology, facilities and construction, and food and nutritional products, as well as purchased services, such as clinical engineering and workforce solutions.