Cleveland Clinic's Cosgrove to step down

Cleveland Clinic said Toby Cosgrove will step down this year as president and CEO. The clinic has asked Cosgrove to continue on in an advisory role. Its boards of directors and governors expects to select a practicing physician to replace Cosgrove by year end.

Cleveland Clinic said that during Cosgrove’s tenure, its revenue grew to $8.5 billion in 2016 from $3.7 billion in 2004. It also opened new locations in Toronto and Abu Dhabi during that time, and a London campus is expected to open in 2020...