Cerner ‘nearing completion’ of search for Patterson’s successor

Cerner Corp. has not yet selected a successor for Neal Patterson, the late CEO and co-founder of the company, who died July 9 from complications after a relapse of soft tissue cancer.

“Our board is nearing completion of its ongoing selection process to identify the next CEO,” CFO Marc Naughton said at the beginning of the company’s Thursday investor call. The announcement changed little from Cerner’s statements July 9, when it noted that the company had a long-standing succession plan in place and the selection process was nearing a conclusion.

Since Patterson’s passing, co-founder and Vice Chairman Cliff Illig has been serving as interim CEO and chairman.

So far, the company’s business has continued to grow. Its bookings reached an all-time high in the second quarter, at $1.64 billion, up 16 percent from 2016. In terms of revenue, the company saw a more moderate increase of 6 percent, for a total of $1.29 billion.

Read more: Kansas City Business Journal


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