
Buffalo, NY (WBEN) - Kaleida Health President and CEO Jody Lomeo announced on Tuesday that he will step aside from his position once his contract expires after 2020.
In a company-wide email, Lomeo announced that he will serve out the remaining term of his contract, but will not extend to stay on as CEO. A statement from Kaleida said that Lomeo is helping to ensure a successor is found by 2021.
"Hopefully that next leader takes it to a new level and I'll be a distant memory," Lomeo told WBEN during an interview shortly after the announcement was made.
Lomeo told WBEN he was offered a contract extension, but declined. He may still stay as a member of the Board of Directors.
"I'm happy for the opportunity to do this in a way that I don't think many other CEOs have been able to do in the past."
"I's been 12 great years now between my time at Kaleida Heath and ECMC, but it is time for me to get back to my family and spend more time at home," Lomeo said in his statement to employees.
"My three boys and my wife have sacrificed so much for me over the years. In fact, they have prioritized their lives to support me. I owe it to them now to be there as they all enter the next phase of their lives."