Cedars-Sinai CFO Sets June 30 Retirement Date

Cedars-Sinai has not stated who will be stepping into the CFO role when Edward Prunchunas retires.

Cedars-Sinai CFO Edward Prunchunas has announced his retirement after a 37-year association with the Los Angeles–based nonprofit hospital.

"Ed's leadership, integrity, and business expertise have been crucial in making Cedars-Sinai the institution it is today," Thomas Priselac, president and CEO of Cedars-Sinai said in a news release. "As the leader of Cedars-Sinai's financial operations, Ed has overseen our strong stewardship of resources, which has enabled the institution's incredible growth."

Prunchunas first became associated with Cedars-Sinai in 1975 when he was working as a consultant with the accounting firm Ernst and Ernst. The firm was helping the organization in its transition to become Cedars-Sinai, following the closures of Cedars of Lebanon and Mount Sinai hospitals. Prunchunas joined Cedars-Sinai full-time in 1981, where he started out as director of budget and reimbursement and was later promoted to director of finance. He became senior vice president and CFO in 1998, following an almost 10-year hiatus from Cedars when he was recruited by another hospital to be their CFO.

"While Ed's business and financial expertise is well known, equally important has been his commitment to Cedars-Sinai's mission to serve the community and to support equity," Priselac continued.

Prunchunas' retirement will be effective as of June 30, 2022. Cedars-Sinai did not offer further information on who would be stepping into the CFO role once Prunchunas retires.