New boss at the helm of Peterborough and Stamford Hospitals Trust

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A hospitals trust has appointed a permanent chief executive to lead it through a significant phase of redevelopment.

Stephen Graves will join the Peterborough and Stamford Hospitals Trust in early September.

Stephen Graves, who will take over as chief executive of the Peterborough and Stamford Hospitals Trust

Stephen Graves, who will take over as chief executive of the Peterborough and Stamford Hospitals Trust

His appointment comes with the trust facing an annual deficit of about £40m following the construction of Peterborough City Hospital. Mr Graves will also oversee the redevelopment of the Stamford Hospital site.

Trust chairman Rob Hughes said: “I am delighted to welcome Stephen as our new chief executive. His appointment was made following a rigorous recruitment process and I know I speak on behalf of the board and our council of governors when I say that we are all looking forward to working with him.

“Stephen has a broad range of experience within the NHS. Prior to his current role at West Suffolk he was director of corporate development at Cambridge University Hospitals NHS Foundation Trust and therefore is no stranger to the local area. One of his areas of expertise is business development, which makes him the ideal candidate to lead us in the next phase of the strategic development of our hospitals in Peterborough and Stamford.”

Mr Graves will take over from Dr Peter Reading, who has been interim chief executive since February 2012. Dr Reading will leave the trust on June 23. Finance director Caroline Walker will fulfil the interim chief executive role until Mr Graves takes over.

Mr Hughes thanked Dr Reading for his work at the trust.

Dr Madhu Davies has also joined the trust as a non-executive director to the board. Dr Davies, a consultant in Pharmaceutical Medicine and Devices, comes from a family deeply rooted in the NHS as both her parents were NHS doctors.

The public have been invited to the trust’s next board meeting, which will take place at Peterborough City Hospital at 1.30pm on Tuesday. The meeting will finish at 4.30pm.