Latest news with #TomCowhey
Yahoo
4 days ago
- Business
- Yahoo
CFOs On the Move: Week ending May 30
This story was originally published on To receive daily news and insights, subscribe to our free daily newsletter. Due to family reasons, will step down as finance chief of Vertiv, a critical digital infrastructure and continuity solutions provider. A search will be launched for Fallon's successor. Fallon, who has been CFO since 2017, will retire once his successor is named and assumes the role, which is expected in the second half of the year. To help with the transition, Fallon will work as a consultant on his retirement date and through Dec. 31, 2026. Athenahealth appointed Tom Cowhey as the health IT company and electronic health record vendor's new chief financial officer, effective June 9. Cowhey was most recently the CFO of the health care company CVS Health. Before that, he was CFO at Surgery Partners, an independent operator of short-stay and ambulatory surgical facilities. He previously held several roles at Aetna, including as chief financial officer of Aetna's U.S. health plan business. Cowhey replaces John Hofmann, who stepped down late last year. The company operated with an interim finance chief while it searched for his successor. will take over as finance chief of Elanco Animal Health on July 7. VanHimbergen is currently CFO of Hillenbrand, a role he has held since March 2022. He earlier spent 15 years at Johnson Controls, where he held several financial leadership positions, including as CFO of its $9 billion automotive interiors business in China, and led the battery division in Asia. He started his career at PricewaterhouseCoopers, where he spent almost 10 years working with multinational companies. VanHimbergen succeeds Todd Young, who will stay with the company as an adviser through Aug. 31. Lyra Health, a workforce mental health benefits provider, named as CFO, effective June 16. Beaver joins the company from the medical aesthetics company Evolus, where she has been finance chief since 2022. Before that, she was senior vice president of finance at Experian. Earlier, she spent 16 years at global gaming company IGT, where she held several roles, culminating in CFO of its North America gaming and interactive business unit. was appointed finance chief of MindMed, a biopharmaceutical company that develops products to treat brain health disorders. Roberts was most recently the chief financial officer of Longboard Pharmaceuticals, where she helped lead it through its IPO and its $2.6 billion acquisition by Lundbeck in 2024. She has earlier held CFO roles at Lineage Cell Therapeutics, REVA Medical and Mast Therapeutics, and held senior finance positions at Alphatec Spine, Artes Medical, Stratagene and Pfizer. Urgently promoted to chief financial officer of the digital roadside and mobility assistance technology and services provider. Port, who was previously senior vice president of finance, will take over as CFO on June 6. Port was previously vice president of finance and controller of electric vehicle manufacturer Lordstown Motors. After that, he consulted with Nu Ride, which was Lordstown Motors' successor company created as part of its emergence from bankruptcy restructuring. He was previously the CFO of LED lighting products manufacturer Energy Focus. Port replaces Timothy Huffmyer, who is stepping down to pursue other opportunities. was promoted to finance chief of Jack in the Box. Hooper has held several positions over her almost 25-year career at the restaurant company, most recently as senior vice president and controller since December 2022. She has also been serving as its interim principal financial officer since October 2024, a role she has previously held two other times during her tenure. She started her career at KPMG, where she worked for seven years, most recently as a senior manager. Omnidian appointed as the solar power servicing company's new chief financial officer. Fein previously held CFO roles at free wireless phone service provider TextNow, continuous automation software provider Chef Software and RFID devices and software maker Impinj, where he guided its 2016 IPO. Fein is the founding chair of the Seattle Tech CFO community and global chair of the senior finance executive network The F Suite. Industrial technology manufacturing company Littelfuse hired as CFO, effective June 18. Khandelwal joins the company from global industrial company IDEX, where he was most recently the chief financial officer. He earlier held chief financial officer roles at packaging services and label solutions provider Multi-Color and global manufacturer CIRCOR International. He started his career at GE Appliances, where he held several positions over almost eight years, including as an FP&A manager and commercial finance manager. Khandelwal succeeds Meenal Sethna, who will stay with the company as a strategic adviser.
Yahoo
5 days ago
- Business
- Yahoo
Athenahealth names CVS alum as CFO
This story was originally published on Healthcare Dive. To receive daily news and insights, subscribe to our free daily Healthcare Dive newsletter. Name: Tom Cowhey Previous title: Executive vice president and CFO, CVS Health New title: CFO, Athenahealth Cowhey will take on the finance chief position on June 9, the health IT firm and electronic health record vendor said Tuesday. He replaces John Hofmann, Athenahealth's previous CFO who joined in 2022. Hofmann stepped down late last year, and the health IT company has operated with an interim finance chief while it conducted a search for his successor, a spokesperson told Healthcare Dive. Cowhey joins Athenahealth from healthcare behemoth CVS, where he served as permanent CFO since early last year. In April, CVS named a new finance head, Brian Newman, who took on the role later that month. Cowhey also previously worked as CFO at ambulatory surgical care firm Surgery Partners and held leadership roles at insurer Aetna before it was acquired by CVS. Cowhey's departure from CVS followed a spate of leadership changes at the healthcare giant while the company managed a challenging financial environment. The firm's profits were cut nearly in half last year as its insurance arm Aetna battled high medical costs that dinged its bottom line. However, CVS gained momentum in the first quarter, reporting a 60% increase in net profit year over year and beating investor expectations on earnings and revenue. CVS also said it would stop offering health plans on the Affordable Care Act exchanges next year, in an effort to focus attention on other business lines. Recommended Reading CVS taps former UPS finance chief as new CFO
Yahoo
27-05-2025
- Business
- Yahoo
athenahealth Names Tom Cowhey Chief Financial Officer
Veteran executive joins athenahealth to help drive the company's next phase of strategic growth BOSTON, May 27, 2025--(BUSINESS WIRE)--athenahealth, a leading provider of network-enabled software and services for healthcare practices nationwide, today announced the appointment of Tom Cowhey as the company's new chief financial officer, effective June 9, 2025. Cowhey brings more than two decades of experience leading financial organizations for large, innovative care delivery organizations. He most recently served as Executive Vice President and Chief Financial Officer at CVS Health, where he was also a member of the investment committee for CVS Health Ventures. Prior to his time at CVS Health, Cowhey was the CFO at Surgery Partners, the largest independent operator of short-stay and ambulatory surgical facilities in the United States. From 2007 to 2018, Cowhey held various positions at Aetna, including as CFO of Aetna's U.S. health plan business. "Tom Cowhey brings a broad industry perspective, a deep understanding of the ambulatory care landscape, and first-hand knowledge of the value and impact of the athenahealth platform," said Bob Segert, chairman and chief executive officer at athenahealth. "His ability to integrate the customer perspective into his work will make him an ideal addition to our executive team, and his expertise managing key stakeholders will ensure the market understands our vision, strategy, and execution across athenahealth's lines of business." While at Surgery Partners, Cowhey participated in evaluating and implementing athenaOne, recognizing the platform's impact in reducing complexity and revenue cycle improvement. "I've long admired athenahealth for its mission to transform healthcare delivery for the ambulatory care market, and the leadership team's ability to execute on its strategy," said Cowhey. "I share the belief that the future of care will be delivered in settings that prioritize accessible, high-quality, and sustainable care, and I look forward to partnering with this exceptional leadership team to realize those ambitions and drive the next phase of growth for athenahealth." Tom Cowhey holds a B.A. in economics from Wesleyan University and an M.B.A. from Duke University with a concentration in health sector management. About athenahealth, Inc. athenahealth strives to cure complexity and simplify the practice of healthcare. Our innovative technology includes electronic health records, revenue cycle management, and patient engagement solutions that help healthcare providers, administrators, and practices eliminate friction for patients while getting paid efficiently. athenahealth partners with practices with purpose-built software backed by expertise to produce the insights needed to drive better clinical and financial outcomes. We're inspired by our vision to create a thriving ecosystem that delivers accessible, high-quality, and sustainable healthcare for all. Learn more at View source version on Contacts Iz ConroyMedia@
