William Lee Succeeds Gloria Reeg as NewYork-Presbyterian’s Chief Investment Officer
May 5, 2016
William (Bill) Lee has been appointed NewYork-Presbyterian’s next chief investment officer, effective June 1, 2016. Mr. Lee comes to NewYork-Presbyterian from Kaiser Permanente, where he served as chief investment officer and vice president of foundation and pension investments.
“We are pleased to welcome Bill to NewYork-Presbyterian,” said Dr. Steven J. Corwin, president and CEO of NewYork-Presbyterian. “He has an outstanding track record of fostering financial stability in healthcare and other fields. We would also like to thank Gloria Reeg for her dedication and numerous contributions to our institution, and we wish her the very best in retirement.”
Mr. Lee will oversee NewYork-Presbyterian’s $7 billion investment portfolio. This fund helps facilitate NewYork-Presbyterian’s ability to provide quality patient care, clinical research, medical education and community service, in addition to securing retirement funds for NewYork-Presbyterian employees.
At Kaiser Permanente, Mr. Lee oversaw all of their investment assets and was responsible for chairing a number of key committees, including the retirement plans investment committee, which includes both defined benefit and defined contribution assets, and the foundation investment committee. In addition, he founded a $25 million minority/women investment manager program, which achieved exponential growth under his management.
Prior to his work at Kaiser Permanente, Mr. Lee worked for Levi Strauss & Co., where he was the chief investment officer for global pensions and the Levi Strauss Foundation. He also worked at Bank of America for many years in a number of key roles, including chief investment officer and senior vice president for pensions and investments. Mr. Lee holds both a BA and an MBA in finance from California State University.
“It’s an honor to be joining an organization that is advancing cutting-edge medical research, providing outstanding patient care and strengthening its surrounding communities,” said Mr. Lee. “As the incoming chief investment officer, I hope to build on Gloria’s remarkable work and ensure continued financial stability for many years to come.”
NewYork-Presbyterian is one of the nation’s most comprehensive healthcare delivery networks, focused on providing innovative and compassionate care to patients in the New York metropolitan area and throughout the globe. In collaboration with two renowned medical school partners, Weill Cornell Medicine and Columbia University College of Physicians & Surgeons, NewYork-Presbyterian is consistently recognized as a leader in medical education, ground-breaking research and clinical innovation.
NewYork-Presbyterian has four major divisions: NewYork-Presbyterian Hospital is ranked #1 in the New York metropolitan area by U.S. News and World Report and repeatedly named to the magazine’s Honor Roll of best hospitals in the nation; NewYork-Presbyterian Regional Hospital Network is comprised of leading hospitals in and around New York and delivers high-quality care to patients throughout the region; NewYork-Presbyterian Physician Services connects medical experts with patients in their communities; and NewYork-Presbyterian Community and Population Health features the hospital’s ambulatory care network sites and operations, community care initiatives and healthcare quality programs, including NewYork Quality Care, established by NewYork-Presbyterian, Weill Cornell and Columbia.
NewYork-Presbyterian is one of the largest healthcare providers in the U.S. Each year, nearly 29,000 NewYork-Presbyterian professionals deliver exceptional care to more than 2 million patients.
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Karen Sodomick 212-821-0560 [email protected]