C.R. “Bob” Hudson, chief financial officer and senior vice president at Henry Mayo Newhall Hospital, will retire in July, the Valencia health care facility has announced.

Hudson joined the hospital’s executive team in 2001 and has played an essential role in the execution of its master plan. In 2002, he led the hospital’s financial restructuring, caused by repair debts incurred from the 1994 Northridge earthquake. As a result of Hudson’s efforts in stabilizing the facility’s finances, Henry Mayo Newhall’s bond rating increased, which helped bring major projects to fruition, such as the Sheila R. Veloz Breast Center and the Advanced Primary Stroke Center.

“Bob’s wise no-nonsense style of leadership will be missed,” hospital Chief Executive Roger Seaver said in a statement. “Bob has been a major team player during this exciting time of growth at Henry Mayo, and I am proud to have had him as an integral part of our team.”

Henry Mayo Newhall is a not-for-profit 238-bed acute care hospital, which has served the Santa Clarita Valley since 1975.