InSight Health Services Holdings Corp. said late Friday that Bret Jorgensen is leaving as its chief executive to pursue other interests, effective Nov. 15.
Jorgensen served as the Lake Forest-based medical imaging company’s chief executive during the past two years, including seeing it through bankruptcy reorganization earlier this year.
Under that deal, InSight traded 90% of its common stock to bondholders, who in turn forgave $195 million of debt due in 2011.
In a statement, Jorgensen said that he was proud that InSight completed its reorganization quickly and that the impact on the business was minimal.
“We made the very best of a difficult situation. At this point, it’s time for the company to have a renewed focus on continuing to serve our customers and grow the business,” he said.
Jorgensen is remaining as a consultant to InSight for a six-month period to assist in the transition. He came to InSight in July 2005 from AdvoLife, a Campbell-based provider of long-term senior care services.
InSight said that Richard Nevins, one of its directors, will be the interim chief executive, and Kip Hallman, its executive vice president and chief strategy officer, will act as interim chief operating officer until it completes a search for a new chief executive.
