Michael Culotta, chief financial officer of the 31-hospital Quorum Health, has announced he’ll be leaving the post effective March 31.
Culotta has been executive vice president and CFO of Quorum since it was spun off from Community Health Systems in 2016. He had joined CHS as vice president of investor relations three years earlier. Prior to that, he spent six years as CFO at PharMerica, a pharmacy services company for long-term care facilities, as well as serving as CFO at LifePoint Hospitals.
“Mr. Culotta has served Quorum Health since our spin-off from Community Health Systems, Inc., and, on behalf of the Company, we appreciate his service and contributions over the years,” Quorum president and CEO Thomas Miller said in a statement.
Taking his place will be Alfred Lumsdaine, who since 2016 has been working as president of population health for Atlanta-based health and wellness engagement platform Sharecare. He does bring CFO experience from his work with Tivity Health, a provider of fitness programs.
“I am pleased that we have found such a qualified CFO in Mr. Lumsdaine and expect the transition will be smooth as he moves into the CFO role upon Mike’s departure,” Miller said.
Lumsdaine will assume the role of executive vice president of finance on Feb. 12, then take over the CFO position when Culotta steps down. Culotta will continue working with Quorum as a consultant.