Sanford Health and CEO Kelby Krabbenhoft agree to part ways

Bill Gassen named new president and chief executive officer

Corporate headquarters for Sanford Health

The Board of Trustees has announced that Sanford Health and longtime CEO Kelby Krabbenhoft have mutually agreed to part ways.

The Board of Trustees recognized Krabbenhoft’s contributions to the organization over his long tenure. Krabbenhoft assumed the role of president and CEO in 1996 and built the organization from a community hospital into the largest rural non-profit health system in the country, now spanning 26 states and 10 countries. “Kelby’s impact on the organization and the communities it serves will be felt for generations to come,” said Brent Teiken, Board Chair.

The Board of Trustees has appointed Bill Gassen president and CEO of Sanford Health. Gassen has been with the organization since 2012, most recently serving as chief administrative officer. His appointment is effective immediately.

Bill Gassen headshot
Bill Gassen

“Bill is the right person to lead Sanford Health through these unprecedented times because of his substantial experience with many aspects of the organization and his deep commitment to our workforce,” said Teiken. “We’re extremely optimistic about having his steady hand at the wheel in partnership with our existing leadership team.”

“I’m honored to have the opportunity to work on behalf of the Sanford family and help lead this organization and its life-changing work. Our system’s priorities will be focused on taking care of our people, our patients and the communities we serve,” said Gassen.

Gassen began his career at Sanford Health in 2012 as corporate counsel and transitioned to human resources two years later as vice president of human resource integration. He later served as chief human resources officer before his promotion to chief administrative officer.

Gassen and his wife, Jill, have five children.

The executive leadership team of Executive Vice President Micah Aberson, Chief Medical Officer Allison Suttle, Chief Operating Officer Matt Hocks, Chief of Staff Nathan Peterson and Chief Finance Officer Bill Marlette, will continue to assist with the duties of overseeing the organization.

About Sanford Health

Sanford Health, one of the largest health systems in the United States, is dedicated to the integrated delivery of health care, genomic medicine, senior care and services, global clinics, research and affordable insurance. Headquartered in Sioux Falls, South Dakota, the organization includes 46 hospitals, 1,400 physicians and more than 200 Good Samaritan Society senior care locations in 26 states and 10 countries. Learn more about Sanford Health’s transformative work to improve the human condition at sanfordhealth.org or Sanford Health News.

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