Premier, Inc. (NASDAQ: PINC) has announced the appointment of Glenn Coleman, CPA, as the new Chief Administrative and Financial Officer, effective November 11, 2024. Coleman, who currently serves as the Executive Vice President and CFO of Dentsply Sirona, brings over three decades of financial and industry expertise to his new role. He will succeed Craig McKasson, who is set to retire on December 31, 2024, after serving as Premier's CFO since 1997.
In a separate press release, Premier reported its financial results for the fiscal fourth quarter and full year of 2024. The company will host a conference call to discuss its performance.
Premier, Inc. is a leading healthcare improvement company, uniting an alliance of more than 4,350 U.S. hospitals and health systems, along with approximately 300,000 other providers and organizations, to transform healthcare. The company provides integrated data and analytics, collaboratives, supply chain solutions, and consulting and other services to enable better care and outcomes at a lower cost.
Premier's leadership expressed confidence in Coleman's ability to build on the company's momentum and lead it forward. They also commended McKasson for his outstanding stewardship of Premier's administrative and financial operations and his contributions to the company's evolution into an integral player in the U.S. healthcare system.
The company's president and CEO, Michael J. Alkire, emphasized that Premier and its shareholders will benefit from Coleman's wealth of financial and operational management experience at public companies. Alkire also expressed gratitude to McKasson for his deep commitment to the company's stakeholders, which has helped make Premier an industry leader.
Premier's new CFO, Coleman, expressed his admiration for the company's technology innovations and commitment to improving healthcare cost and quality outcomes. He stated that he is honored to be stepping into the role of Chief Administrative and Financial Officer at such an exciting time for the company and looks forward to working with the talented management team to drive financial excellence and enhance value for shareholders.
Premier, Inc. will be looking to Coleman to continue the company's mission of transforming healthcare, as it collaborates with members to co-develop long-term innovations that reinvent and improve the way care is delivered to patients nationwide.
This news comes as Premier continues to play a critical role in the rapidly evolving healthcare industry, collaborating with its members to enable long-term innovations that reinvent and improve the way care is delivered to patients nationwide. Following these announcements, the company's shares moved -0.5%, and are now trading at a price of $20.02. For the full picture, make sure to review Premier's 8-K report.
