Infographic: 5 CFO Shuffles You Need to Know

A lot of CFO shuffling has happened since the beginning of 2024.

This year new CFOs are stepping into new roles and expanding their titles at several health systems all over the country. Studies show that healthcare CFO tenures last an average of 4.7 years. 

 Here’s a list of five recent CFO moves to know: 

1. Allina Health, a Minneapolis-based health system, moved Doug Watson to CFO. Since January Watson was the system's interim finance executive.
    
2. New York City-based Montefiore Health System executive vice president and CFO Colleen Blye expanded her role to chief business officer.
    
3.  Nikki Hutchinson succeeded Tim Rieger as CFO of Cincinnati-based Mercy Health's Lima (Ohio) market last month. Rieger is set to retire on July 12.
    
4.  At Adventist Health Sonora in California, Greg McCulloch was promoted to president after serving as the hospital's CFO since 2014.
    
5.  At Portland-based MaineHealth, Albert Swallow III shared plans to retire as CFO in early 2025.