Larry Taylor Named North Memorial CEO
North Memorial Health Care announced Thursday that Loren “Larry” Taylor has been named CEO and will replace David Cress-who was suspended from the hospital system after being arrested in a prostitution bust and is no longer employed at the organization.
Taylor was named interim CEO earlier this month following Cress' suspension. Cress, who joined North Memorial in 1982 and was named president and CEO in 2005, was arrested along with about a dozen other men during a day-long vice operation earlier this month-which reportedly took place at a hotel.
Taylor was appointed to North Memorial's board of trustees in 1997 and has served as chairman since 2000. Robert Potts, the board's vice chair, has replaced Taylor as chairman.
Most recently, Taylor was president of HPC, LLC, which is a company that provides management services to operating utility companies and related energy distribution businesses.
He was also CEO of Pivotal Vision, LLC, a company that manufactures and markets high-tech security surveillance systems for high-value infrastructure facilities such as electrical substations. Taylor has stepped down from an active role at both companies.
“I am honored to serve as CEO of North Memorial,” Taylor said in a statement. “North Memorial is a vital part of the northwest Twin Cities communities and provides health care services across the state of Minnesota and the upper Midwest region. I look forward to leading the organization and continuing our work to support the health care needs of the communities we serve.”
The flagship hospital of Robbinsdale-based North Memorial Health Care, which employs more than 5,000, is North Memorial Medical Center. It is the seventh-largest hospital in Minnesota based on its number of available beds.