Inova CEO Knox Singleton announces he’ll retire and FCEDA’s Gordon reflects upon his impact on the region

Contact: Alan Fogg, afogg@fceda.org, +1 703-790-0600 (office) or +1 571-213-5065 (mobile); Seth Livingstone, slivingstone@fceda.org, +1 703-790-0600

Healthcare leader and its patients will long benefit from Singleton’s vision 

Monday, September 18, 2017

Fairfax County, Virginia, Sept. 18,  2017 – Gerald L. Gordon, Ph.D., president and CEO of  the Fairfax County Economic Development Authority (FCEDA), reacted to the announcement that J. Knox Singleton, longtime CEO of Inova Health Systems, will retire effective July 1, 2018.

Since 1984, Singleton, 69,  has overseen the transformation of Inova from a three-hospital, $500 million enterprises into northern Virginia’s largest private employer – a $3.5 billion healthcare system with five hospitals, a health insurance company and more than 17,000 employees.

“Inova and Fairfax County have grown up together,” Gordon said. “As the county grew and became more than a bedroom community, so has Fairfax Hospital grown and become renowned for many of its services.”

Singleton’s vision continues at Inova, which is currently redeveloping a 117-acre site in Merrifield. The campus is evolving into an advanced research and treatment center focusing on personalized medicine and genomic science as well as advances in analytics and cutting-edge delivery of healthcare services.

“There are few people who can claim to have a transformative effect on the business community and economy of a region, and Knox’s vision of a world-class center for precision medicine is the kind of initiative that truly has the potential to change the Fairfax County and northern Virginia economy the way that the Internet did 20 years ago,” Gordon said. “The Inova Center for Personalized Health will put Fairfax County on the map in the world of genomics and life sciences and is a magnet for the brightest minds and innovative companies in that field.

“Knox’s idea to buy the Exxon Mobil campus across the street from Fairfax Hospital to create the Center for Personalized Health was the most visionary of all the plans for the Exxon Mobil site. Personalized medicine will be as transformative of the Fairfax County economy as was the arrival of Mobil Oil when it came to Fairfax County in 1980. The Inova Center for Personalized Health is the economy of tomorrow in Fairfax County. This is visionary, and that was Knox’s vision.”

Time magazine called Fairfax County “one of the great economic success stories of our time.” Business growth and innovation helps Fairfax County fund the nation’s top-rated school system and other public services that contribute to the quality of life of residents. Fairfax County offers businesses a state-of-the-art telecommunications infrastructure, access to global markets through Washington Dulles International Airport, a vibrant investment capital community and a highly skilled, well-educated workforce.

The FCEDA offers site location and business development assistance, and connections with county and state government agencies to help companies locate and expand in Fairfax County. In addition to its headquarters in Tysons Corner, Fairfax County’s largest business district, the FCEDA maintains marketing offices in six important global business centers: Bangalore, Berlin, London, Los Angeles, Seoul and Tel Aviv. Follow the FCEDA on Facebook, Twitter and LinkedIn.

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