Children’s Hospital Los Angeles in Los Feliz has chosen Paul Viviano as its new president and chief executive, effective next month.

He replaces Richard Cordova, whom the hospital’s board announced in December would be retiring after nearly 10 years at the helm. Viviano is currently the chief executive of the University of California at San Diego Health System.

“Paul understands the complex forces and economics driving the healthcare industry today, and he provides Children’s Hospital Los Angeles the experience, leadership and knowledge that will enable an academic medical center like ours to adapt to the changing environment,” said Lynda Boone Fetter, co-chair of the hospital’s board.

Before UC San Diego, Viviano served as chief executive of Newport Beach’s Alliance HealthCare Services and of Keck School of Medicine of USC and USC Norris Cancer Hospital.

“What I hope to bring to Children’s Hospital Los Angeles is a passion for improving the experience of patients and their families with demonstrably superior clinical care and compassionate attention,” Viviano said.

Albertsons Files for IPO

L.A.’s second-largest grocery chain is going public.

Boise, Idaho, grocery giant Albertsons Companies Inc., which has a huge presence in Southern California, filed paperwork Wednesday for an initial public offering that would raise as much as $100 million.

Albertsons had sales last year of $57.5 billion and operates stores in 33 states under the Albertsons, Vons, Pavilions and Safeway brands. That figure includes sales from Safeway Inc., another grocery giant Albertsons acquired early this year.

The company employs 265,000 people, including nearly 10,000 in Los Angeles County, making it the second-largest grocery chain, both locally and nationally, behind only Kroger Co., parent of the Ralphs and Food 4 Less brands.