President and Chief Executive Officer
Mark A. Wallace was appointed President and Chief Executive Officer of Texas Children's Hospital in 1989, at the age of 36. Under his leadership, Texas Children's Hospital cares for more than 2 million children annually and is internationally recognized and ranked among the best pediatric hospitals in the nation. In 2012, Texas Children’s Hospital was once again been named as a national leader among pediatric hospitals in U.S.News & World Report’s 2012-13 edition of Best Children’s Hospitals. Ranked 4th among all children’s hospitals nationally and one of only 12 hospitals to achieve the Honor Roll designation, Texas Children’s is the only hospital in Texas – and the entire Southern region of the U.S. – awarded this distinction.. In addition, in 2009, Houston Business Journal named Texas Children's Hospital the number one best place to work in Houston, among companies with more than 500 employees.During Mr. Wallace’s 20-year tenure, he has led Texas Children's to successful completion of numerous capital and expansion projects — a $149 million facilities modernization and development program to add over one million square feet of space to the hospital’s campus in 1991, including a capital campaign that raised $69.2 million; a $345 million major building expansion program to add an additional 1.2 million square feet and increase the hospital’s licensed bed capacity from 456 to 639 beds in 2001, including another capital campaign raising $80 million; and currently Vision 2010, a $1.5 billion investment in the future of pediatric healthcare, 4 ambitious strategic initiatives to add another 2 million square feet of space — in the new Jan and Dan Duncan Neurological Research Institute at Texas Children's Hospital, the new Texas Children's Pavilion for Women, the new Texas Children's Hospital West Campus, and expansion of the Feigin Center for pediatric research — including a $400 million capital campaign.Prior to his current position at Texas Children's Hospital, Mr. Wallace was a Senior Vice President at The Methodist Hospital in Houston, Texas, having both staff-related and extensive line operation responsibilities in a large, tertiary care, teaching environment.Mr. Wallace holds the distinction of being one of the few executives in the country who advanced to Fellowship status in the American College of Healthcare Executives (ACHE) at the age of 35. Continuing his involvement with ACHE, he has served twice as President of the Houston Chapter.Mr. Wallace has been the recipient of many awards, including the prestigious Emerging Leaders in Health Care Award from The Healthcare Forum (1987); Oklahoma Baptist University’s Profile in Excellence Award in 1988 and the Alumni Achievement Award in 1992; ACHE’s Robert S. Hudgens Memorial Award as the “Young Healthcare Executive of the Year” in 1992 and Outstanding Leadership Regent’s Award in 2006; in 2004, the Living and Giving Award by the Juvenile Diabetes Research Foundation; in 2005, the “Earl M. Collier Award for Distinguished Healthcare Administration,” the highest honor bestowed by the Texas Hospital Association; in October 2005, the Children At Risk Accolades Seasons in Caring Award; Washington University School of Medicine Health Administration Program’s Distinguished Alumnus Award in 2006; The Arrow Project’s 2007 Ambassador of Purpose award; the Cadillac Texas Legend Award from KHOU-TV Houston in 2007; the Glen Karsten Memorial Award from The Living Bank Houston in 2008; Houston Junior Woman’s Club’s Helping Hands and Caring Hearts Award in 2008; Be an Angel’s 2009 Angel Award for service to children in need; and the Houston Leadership Award from the Jewish Institute for National Security Affairs in October 2009. In June 2010, he received the American College of Healthcare Executives Service Award for contributions to healthcare management excellence. In August 2010, Mr. Wallace received the Texas Pediatric Society’s 2010 Distinguished Service Award for outstanding contributions to pediatrics and the Houston community. In October 2010, Mr. Wallace received the Presidential Community Leadership Award from the NAACP Houston Branch. In February 2011, Mr. Wallace was awarded the 2011 Robin Bush Award, recognition by Bo’s Place Houston for making a difference in the lives of children in the Houston community.
Learn about Mr. Wallace's 10 Leadership Maxims.
Learn about Mr. Wallace's 10 Leadership Maxims.
Mr. Wallace is a past member of the Board of the Texas Gulf Coast Chapter of the March of Dimes Foundation and served as Chairman of the March of Dimes Walk America 1993 Campaign in Houston. He has served as the Corporate Walk Chairman of the Juvenile Diabetes Foundation’s 2000 Walk to Cure Diabetes, as well as the 2005 Asthma Walk on behalf of the American Lung Association. Also, Mr. Wallace chaired the American Heart Association 2007 Houston Heart Walk and was an honoree of the Down Syndrome Association of Houston Hat’s Off Gala in October 2007. He is a past member of the Board of Directors of the Greater Houston Community Foundation. In February 2011, Mr. Wallace served on the Host Committee for An Evening in the Garden Cocktail Dinner benefiting The Brookwood Community. In March 2011, he served on the Host Committee for the Arrow Child and Family Ministries Annual Ambassador of Purpose luncheon. In April 2011, Mr. Wallace served on the Honorary Committee of the Harris County Hospital District Annual Silver Tea. Also in April 2011, he served as Chairman of the Boy Scouts of America Annual Distinguished Family Award dinner. In June 2011, he served as Honorary Chairman of the American Diabetes Association (ADA) 2011 Step Out: Walk to Stop Diabetes and was the keynote speaker at the annual ADA Corporate Recruitment luncheon.
Currently, Mr. Wallace serves on the Board of Directors of the World Health & Golf Association, a non-profit organization supporting healthcare initiatives in the Houston area, and the Advisory Board of Amegy Bank. In December 2009, he completed a term on the Board of Directors of the Greater Houston Partnership.
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