McKay Retires After 37 Years at Fox Chase Cancer Center; Leedy Appointed New Executive Vice President and Chief Operating Officer
PHILADELPHIA (May 31, 2000) -- Francis J. McKay of Fort Washington, Pa., has announced his retirement as executive vice president of Fox Chase Cancer Center after 37 years at the Center.
McKay has held the office of executive vice president since 1981. Before that, he was named vice president for administration in 1978 and became the Center's first treasurer in 1974. McKay will maintain a partial appointment at Fox Chase as a vice president, focusing primarily on the Center's various extramural activities.
He will be succeeded by R. Donald Leedy, C.P.A., of Moorestown, NJ, vice president for finance and treasurer of Fox Chase Cancer Center since 1981. Leedy has been appointed executive vice president-administration and chief operating officer by Fox Chase president and chief executive officer Dr. Robert C. Young, effective June 1, 2000.
"We are very pleased that Jay McKay has decided to remain active in the affairs of the Center," said Young. "He has been an integral part of the shaping and development of Fox Chase Cancer Center's history and culture. He was among those who worked toward the Center's founding in 1974 when the American Oncologic Hospital, the nation's first cancer hospital, joined with the Institute for Cancer Research. Our institution's growth over the past quarter century owes much to his leadership," Young remarked. "He will, no doubt, continue to play a key role in Fox Chase?s future as we begin a new millennium and a new era in cancer care and prevention."
In his new position, McKay will focus on the Center?s regional and national relationships, such as the growing Fox Chase Network of community hospital-based cancer centers, the National Comprehensive Cancer Network of leading cancer centers across the nation and development of the joint Fox Chase-Temple University Cancer Program.
"We are fortunate, too," Young added, "that we have a strong, superbly qualified leader in Don Leedy who is thoroughly prepared to assume responsibility for operations." In announcing Leedy's promotion, Young said, "Don Leedy has had a distinguished career at the Center as its chief financial officer and has an outstanding reputation for leadership both inside the institution and nationally among the cancer center administrators."
Leedy, 55, joined the staff in 1971. Previously he was senior staff accountant for Coopers and Lybrand in Philadelphia. He earned his bachelor's degree in accounting magna cum laude at Mount St. Mary's College in Emmitsburg, Md. in 1966 and his M.B.A., also magna cum laude, at Philadelphia's Drexel University in 1971.
His first role at Fox Chase was as financial manager of the Institute for Cancer Research, which later joined with American Oncologic Hospital to form Fox Chase Cancer Center. Leedy became Institute treasurer in 1979 and chief financial officer for the Center in 1981. Currently he is responsible for the Center's annual operating budget of more than $150 million.
Leedy is an ad hoc reviewer for program project grants and cancer center support grants for the National Institutes of Health and has served as a consultant on grants accounting for the American Association of Cancer Institutes and various cancer centers. He has chaired a technical group for freestanding cancer centers and is a past member of the executive committee for the Cancer Center Administrators Forum. He belongs to the American Institute of Certified Public Accountants, Pennsylvania Institute of Certified Public Accountants and Society of Research Administrators.
"I am confident that the office of executive vice president-administration at Fox Chase will experience a smooth transition," declared Young. "Don Leedy and I will continue to address the many opportunities presented by this remarkable era in science and medicine to maximize the Center's effectiveness."
In a letter to staff announcing his new role, McKay noted that when he came to the Institute as an accounting consultant in 1963, "the timing was perfect. When I completed the project, the ICR was searching for someone with my background to be business manager. Suddenly, 37 years have gone by."
Of his semi-retirement, he said, "I believe that the time is right for my family, for me and for the Center, [which is] poised to achieve even greater things in the years ahead?.The Cancer Prevention Pavilion has been completed [and] we are financially strong in operations, philanthropy and endowments."
"It has been an honor and a privilege to work with you and to serve this great institution," McKay concluded. "I take pride in what we have accomplished, not just in building buildings but in building people and leaders in every aspect of our work."
Fox Chase Cancer Center, one of the nation's first comprehensive cancer centers designated by the National Cancer Institute in 1974, conducts basic and clinical research; programs of prevention, detection and treatment of cancer; and community outreach. For more information about Fox Chase activities, visit the Center's web site at: www.fccc.edu.
Fox Chase Cancer Center, part of the Temple University Health System, is one of the leading cancer research and treatment centers in the United States. Founded in 1904 in Philadelphia as one of the nation’s first cancer hospitals, Fox Chase was also among the first institutions to be designated a National Cancer Institute Comprehensive Cancer Center in 1974. Fox Chase researchers have won the highest awards in their fields, including two Nobel Prizes. Fox Chase physicians are also routinely recognized in national rankings, and the Center’s nursing program has received the Magnet recognition for excellence four consecutive times. Today, Fox Chase conducts a broad array of nationally competitive basic, translational, and clinical research, with special programs in cancer prevention, detection, survivorship, and community outreach. For more information, call 1-888-FOX CHASE or (1-888-369-2427).