HASAN RETIRING AS FOUNDATION CHIEF From: Modern Healthcare | Date: August 10, 1998| Author: | COPYRIGHT 1998 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright information

Malik Hasan, M.D., is retiring as Foundation Health Systems' chief executive, in what could be a harbinger of dramatic changes at the managed-care giant.

The notion of the hard-charging Hasan voluntarily stepping down from the company he helped create was met with some skepticism by industry observers, who noted last year's losses at FHS and an expected second-quarter charge against earnings this year.

Others, however, noted Hasan's age of 59, his other interests and regulatory limits on his authority dating from the merger that created FHS.

His move heightened the ...

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