Mercy CEO Announces Retirement

In the middle of sweeping healthcare reform, a Sioux City hospital is looking for a new leader.

The President and CEO of Mercy Medical Center, Bob Peebles, announced his retirement to the hospital's board of directors Thursday morning.

Peebles took over as interim CEO in May 2009 and accepted the full position in March 2010.

A transition plan will be developed immediately, which will include interim leadership and a committee to lead the search for Peebles' permanent replacement.

His retirement will be effective April 1st.