Mr. Adams, who has accepted a position with an eCommerce software vendor, will remain with athenahealth through the end of May and then serve as a paid advisor to the company to help ensure a smooth transition.
“Tim has been a great partner and leader in helping to guide athenahealth through its past and current phases of growth,” said athenahealth CEO Jonathan Bush in a news release. “I’m grateful for his many contributions, and while we’re sad to see Tim leave, we’re excited at the opportunity to find a new CFO for athenahealth…As we progress forward with our current and future stages of growth, we’ll look for a dynamic business and financial leader who can help us meet our revenue, growth and profitability goals.”
A conference call was held Friday to answer investors’ questions about the transition.
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