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Baptist Health Seeks New CFO as Oglesby Announces Retirement

Analysis  |  By Amanda Schiavo  
   June 02, 2022

The search is underway to find the non-profit healthcare provider's next CFO.

Baptist Health Chief Financial Officer Steve Oglesby has announced he will be retiring following 30-years with the non-profit health system at the beginning of next year. Oglesby’s retirement will take effect on Jan. 6, 2023, and Baptist Health will conduct a nationwide search to find his successor.

"I have been very blessed personally and professionally to work under incredible leaders over the course of my career at Baptist Health, " Oglesby said in a statement announcing his departure. "The faith-based mission of caring for others is what drew me to healthcare and kept me involved as a servant leader to provide financial and business guidance to the clinicians who fulfill our mission to our patients. "

Oglesby, 60, joined Baptist Health in 1993 where he served in a variety of roles including vice president of financial strategy and integration, and assistant vice president of finance. Oglesby was named CFO of Baptist Health in 2016 and his efforts in leading the financial strategy of the organization were recognized in 2018 when he was named among the "Best in Finance" by Louisville Business First.

"Under Steve’s leadership, Baptist Health has successfully executed key strategies and demonstrated our ability to continuously strengthen our financial position while expanding access to our healthcare facilities, " CEO Gerard Colman said in the announcement. "Baptist Health now has an operating revenue of nearly $4 billion and has earned its highest-ever ratings from key bond rating agencies, with an A+ rating from Fitch and an A1 rating from Moody’s. Steve has set us on a positive course for the future. "

Amanda Schiavo is the Finance Editor for HealthLeaders.

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