Current Cleveland Clinic CFO assumes role August 1, 2022
CLEVELAND, May 19, 2022–(BUSINESS WIRE)–Bob King, Senior Director of the Board of Medical Mutual, today announced that Steven (Steve) C. Glass will succeed Rick Chiricosta as CEO and Chairman of Medical Mutual of Ohio. Mr. Glass will also serve on the board of directors of Medical Mutual.
Mr. Glass is a long-time Clevelander and a very experienced healthcare executive. He joined the Cleveland Clinic in 2002 and was named the organization’s chief financial officer in 2005. In this role, Mr. Glass was responsible for the overall financial operations of the Cleveland Clinic and its subsidiaries worldwide. Prior to the Cleveland Clinic, he was Vice President of Finance for MedStar Health, a major healthcare delivery system in the Mid-Atlantic region.
“I am pleased to welcome Steve to Medical Mutual,” King said. “His focus on quality, integrity and innovation was very clear during the interview process. This, coupled with his vast experience in the healthcare field and his knowledge and understanding of the Ohio market, led to the board’s decision. The employees, members and customers of Medical Mutual are in very good hands.”
Mr. Glass will officially take over as CEO and President of Medical Mutual on August 1, 2022. Mr. Chiricosta will remain until the end of 2022 to assist Mr. Glass in the transition.
“I couldn’t be more excited about our business. Steve brings with him a wide range of skills and deep leadership qualities. He also brings a competitive spirit and a collaborative nature – a very powerful combination that will serve the growth strategy. and Medical Mutual’s priority on culture very well,” said Chiricosta.
Mr. Glass holds a Bachelor of Science in Accounting from Towson University in Maryland and is a Certified Public Accountant. He is a member of the American Institute of Certified Public Accountants, the Ohio Society of Certified Public Accountants, the Healthcare Financial Management Association, the Health Management Academy, and is currently Chairman of the Board of the Ohio Hospital Association. .
He and his wife, Jennifer, reside in Rocky River with their three children.
“I am honored to have been selected as the next CEO and Chairman of Medical Mutual,” Glass said. “I look forward to serving the employees, members and customers of Medical Mutual, building on the culture of strength, commitment and excellence that Rick has built.”
About Ohio Medical Mutual
Founded in 1934, Medical Mutual is the oldest and one of the largest health insurance companies based in Ohio. We provide peace of mind to more than 1.2 million Ohioans through our high-quality health, life, disability, dental, vision, and indemnity insurance plans. We offer fully insured, self-funded group coverage, including stop loss, as well as Medicare Advantage, Medicare Supplement, and individual plans. Medical Mutual’s status as a mutual company means we are owned by our members, not shareholders, so we don’t answer to Wall Street analysts or pay dividends to investors. Instead, we focus on developing products and services that allow us to better serve our customers and the communities around us and help our members achieve their best possible health and quality of life. For more information, visit the company’s website at MedMutual.com.
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