TAMPA — An Ohio State medical dean with a strong track record of research and entrepreneurship – two key tenets of the University of South Florida – will lead the Morsani School of Medicine and take charge of USF Health.
Charles Lockwood, dean of the Ohio State University College of Medicine, will become dean at the USF medical school and senior vice president for USF Health effective May 5. He succeeds Stephen Klasko, who left to become head of Thomas Jefferson University and its hospital system in Philadelphia.
At USF, Lockwood will lead more than 800 faculty members and nearly 500 physicians and health care practitioners who conduct more than 400,000 outpatient visits annually.
“I’m very excited to be given this wonderful opportunity and can’t wait to get started,” Lockwood said. “There are a number of features about the university that attracted me to the position, and I’m delighted to be able to join President Genshaft and her team.”
USF President Judy Genshaft extended the offer last week, eight months after Klasko’s departure. Lockwood will earn $775,000 for the one-year contract — $250,000 in state funding and $525,000 from a USF foundation. The contract is designed to be extended for five consecutive one-year renewable terms.
Lockwood will receive a one-time start-up bonus of $80,000; an annual bonus of up to $155,000 in non-state funds depending on goals and benchmarks; and moving expenses, annual dues and membership fees for private clubs and professional and community organizations.
He earned $731,726 at Ohio State.
Lockwood is the recipient of research grant awards from the National Institutes of Health, the March of Dimes and other foundations. He is known for research in obstetrics and gynecology, particularly in premature births, and has authored more than 270 peer-reviewed publications. His research is coming with him to USF.
He is a self-described champion of commercialization of intellectual property and said he would continue to create new companies out of university research.
That fits tightly with the culture at USF. The university has its own Technology Transfer Office for Patents and Licensing, six professors as charter fellows in the national Academy of Inventors, and a rank of 15th in the world in the number of U.S. patents granted to universities.
“I think that initiative, the commercialization of the intellectual property of our faculty, particularly in biotechnology and informatics, is going to be the thing that sustains the success of medical schools in the future, replacing revenue streams from decreasing NIH funding,” Lockwood said in a conference call with reporters on Thursday.
That sounds promising to Stephen Liggett, USF vice dean for research and a professor of internal medicine. Liggett’s accomplishments include identifying a genetic signature that can predict which heart patients might be saved from fatal arrhythmias.
“I am thrilled to have someone who has a research background become our new dean and vice president,” Liggett said Thursday. “If you look at the strategic goals of USF as a whole, one is becoming a global research institution. Dr. Lockwood fits perfectly into our strategic mission and I think he’ll be a welcome addition.”
In his conference call, Lockwood decried the cost of medical school tuition and unlike his predecessor, said doesn’t think it should be a priority for USF to have its own on-site hospital. He said partnerships such as the one USF has with Tampa General Hospital are “probably preferable to owning.”
USF Health’s reach in the Tampa Bay community has made it a major player not only in medicine, but in politics and economic development, as well. USF Health pulled in $276 million in research awards for 2011-2012.
“The USF Health leadership position is a driving force of the region,” Rick Homans, president and chief executive of the Tampa Hillsborough Economic Development Corp., told the Tribune on Thursday. “His support and interest in entrepreneurship, in start-ups, is a great asset to have. It’s a key role in the community, and it sounds like we have another visionary and strong leader coming into it.”
Lockwood, 59, is married with two children. He received his medical degree from the University of Pennsylvania School of Medicine and has a master’s degree in health care management from the Harvard School of Public Health.