Cerner Corp. announced two executives with a combined 38 years of experience will leave the North Kansas City-based company next year.
After 23 years, COO Mike Nill will be “departing” the health IT company (Nasdaq: CERN) on Jan. 10. He started with Cerner as a software engineer in 1996.
“Mr. Nill has agreed to remain at the company through the close of business on Jan. 10, 2020, to assist in providing an orderly transition following his departure. Going forward, as part of Cerner’s positioning for the future, the company is looking to bolster the leadership team with an emphasis on cloud platform and transformation experience,” according to a Friday filing with the Securities and Exchange Commission.
Nill ranked No. 5 on Kansas City Business Journal’s Highest-Paid Public Company Executives List in 2018, with $8.8 million in total compensation.
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In June, Nill sold a hefty portion of his stock in the company for nearly $17 million. Julie Wilson, Nill’s sister who retired as the company’s chief people officer in June, sold 93,500 shares for $6.5 million in the same month.
According to the same Friday filing, Cerner also announced that Chief Strategy Officer Joanne Burns would be leaving in the first quarter. She had spent the last 15 years with Cerner.
Jeff Townsend, executive vice president and chief of innovation, officially retired from his role Friday and transitioned to executive senior adviser. Cerner previous announced Townsend’s retirement on Sept. 10.
Source: Biz Journals