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Home > Mercy News > Mercy President & CEO, Tim Charles, announces planned retirement
Published on February 02, 2022
After 19 years with Mercy Medical Center in Cedar Rapids, Timothy Charles, president and CEO, has announced his planned retirement, effective Dec. 31, 2022. Charles joined Mercy in 2003 as executive vice president and COO and was later appointed president and CEO in July of 2007 by the Board of Trustees.
“Mercy is fortunate to have had Tim Charles as its CEO for the past 16 years,” said Al Ruffalo, chair of the Mercycare Service Corporation Board of Trustees. “Tim has led Mercy through some very challenging times, and because of his steadfast leadership, Mercy is poised for some exciting endeavors in the near future for our community.”
Charles’ career with Mercy is defined by a deliberate focus on sustaining its independent status, despite the industry’s rush to consolidation. Local governance has strengthened Mercy’s position as an anchor healthcare provider within the community.
The past two decades of achievement represent a number of hallmarks of his visionary leadership, including growth and evolution across multiple service lines; achieving national recognition for quality; and tripling Mercy’s asset value – all driven by an accomplished team and guided by the spirit of the Sisters of Mercy.
Examples of Mercy’s many achievements during the last nearly two decades include:
Originally planned for last year, Charles delayed his retirement to maintain focus and stability in the organization during the challenges of the COVID-19 pandemic. Through extensive succession planning during the last several years, Charles and Mercy’s Board of Trustees have been preparing for his retirement. As they move toward the final stages of the planning and search process, it is expected that a successor will be named in the spring.
“Leading Mercy has been the most significant professional privilege of my 46-year career in healthcare,” Charles said. “The long list of accomplishments at Mercy are the result of a dedicated staff, devoted provider colleagues, philanthropic community stakeholders and our superb Board of Trustees. Mercy is well-positioned today and for the foreseeable future, serving our community as it has the past 122 years. I am very optimistic for the future and have complete confidence in Mercy’s success in delivering The Mercy Touch for decades to come.”
Charles continued by saying, “On a personal note, my wife, Janice, and I are grateful for the extraordinary relationships we have developed with the Mercy family and the Sisters of Mercy. We will carry those with us as we remain in Cedar Rapids, the city we have come to love. We are looking forward to our next adventure.”