Mr. Kane, a member of the athenahealth board and current chair of the board’s audit committee, will begin the job July 21. He will take over for current CFO Karl Stubelis, who is stepping down “to pursue other opportunities.”
Athenahealth said Mr. Stubelis will support the company through the reporting of their financial results for the second quarter of 2017. The company added it has retained DHR International to help athenahealth find a permanent CFO, and the athenahealth board expects to appoint Tom Szkutak as chair of the board’s audit committee, effective when Mr. Kane begins his interim role.
“This CFO transition reflects our commitment to ensuring that athenahealth has world-class leaders to support the company and our increased scale and scope. We intend to focus our CFO search on leaders who bring a record of operating discipline and value-creating capital allocation. I look forward to working closely with the athenahealth board, especially Jack Kane and Tom Szkutak, former CFO of Amazon, to identify the best individual for the role,” Jonathan Bush, chairman and CEO of athenahealth, said.
Mr. Bush added, “Jack’s knowledge of athenahealth and his experience serving as the CFO of another public healthcare technology company make him well suited to serve as interim CFO during this transition. We are pleased to benefit from his expertise and counsel in this expanded role.”
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