Donald Trump announces his retirement at Roswell Park

July 15, 2014 Updated Jul 15, 2014 at 9:09 AM EDT

By Business First

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Donald Trump announces his retirement at Roswell Park

July 15, 2014 Updated Jul 15, 2014 at 9:09 AM EDT

Donald Trump is retiring as the head of Roswell Park Cancer Institute.

The hospital announced last night that Trump will be stepping down on Dec. 31. He has been the president and CEO for more than seven years.

"During the course of his leadership, Dr. Trump has done a truly remarkable job of keeping the Institute on course with the strategic plan, further ensuring its mission is aligned and integrated throughout the institute," said Michael Joseph, chairman of Roswell's board of directors.

The statement said that Roswell will be undertaking a national search for Trump's replacement.