12 CFO exits in 2024

Multiple hospital and health system CFOs have left or announced plans to leave their roles since the beginning of 2024.

Here are 13 CFO exits Becker's has reported on this year:

1. Jeanne' Wickens is retiring after more than eight years as CFO of Fort Wayne, Ind.-based Parkview Health. Ty Renbarger was named CFO of the health system, effective June 3, and will succeed Ms. Wickens.

2. Doug Dickerson, CFO and vice president of Porterville, Calif.-based Sierra View Medical Center has shared plans to retire. Craig McDonald will succeed Mr. Dickerson in June. 

3. Liz Foshage, executive vice president and CFO of St. Louis-based Ascension, is retiring in September. Saurabh Tripathi was appointed executive vice president and CFO of St. Louis-based Ascension April 29 and will succeed Ms. Foshage. 

4. Salem (Mo.) Memorial Hospital District CFO Doug Hoban resigned May 22 due to personal reasons.

5. Duluth, Minn.-based St. Luke's co-President and CFO Eric Lohn retired April 12. St. Luke's co-president Nicholas Van Deelen, MD, was promoted April 15 to sole president of St. Luke's and of Wausau, Wis.-based Asiprus Health's Minnesota Region. Chris Johnson, vice president of strategy and finance, was also prompted April 15 to interim COO. 

6. Johnson, Tenn.-based Ballad Health CFO Lynn Krutak will retire June 30. Shane Hilton has been hired as CFO, effective immediately. Ms. Krutak and Mr. Hilton will work together to ensure a smooth transition prior to her June exit.

7. Debbie Bloomfield, PhD, is retiring as CFO of Cincinnati-based Bon Secours Mercy Health at the end of 2024 after more than three decades with the health system. Dr. Bloomfield will begin transitioning from her CFO role on July 1 and shift to other financial leadership oversights at the health system until her retirement. Travis Crum, BSMH's current senior vice president of finance, will take over as CFO on July 1.

8. Michael Szubski retired Jan. 31 after more than 15 years as CFO at Cleveland-based University Hospitals. Bradley Bond has stepped into the CFO role for the health system.

9. Nashville, Tenn.-based HCA Healthcare CFO Bill Rutherford retired after more than 10 years in the role. Mike Marks, HCA's senior vice president of finance, assumed the role of executive vice president and CFO on May 1. 

10. Sid Sczygelski retired as CFO of Wausau, Wis.-based Aspirus. Jerry Yang assumed the role of CFO for the health system in January, according to his LinkedIn page.

12. Ric Magnuson left his CFO role at Minneapolis-based Allina Health in April after 25 cumulative years with the health system. 

13. Dave Recupero resigned as CFO of Kern Valley Healthcare District, based in Mountain Mesa, Calif., on Feb. 12. 

 



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