NASHVILLE, Tenn.--(BUSINESS WIRE)--Change Healthcare, a leading provider of software and analytics, network solutions, and technology-enabled services, today announced the appointment of Samuel Allen (Al) Hamood as Executive Vice President and Chief Financial Officer, effective August 21, 2017. Mr. Hamood has over 25 years of experience in a range of finance functions. He joins Change Healthcare from TransUnion Corporation, where he has served as Executive Vice President and Chief Financial Officer since February 2008. He will succeed Randy Giles, who will retire from Change Healthcare following a transition period and the completion of the company’s financial audits. Mr. Hamood will report to Change Healthcare President and Chief Executive Officer Neil de Crescenzo.
Mr. de Crescenzo said, “We are delighted to welcome Al to the Change Healthcare team at an exciting time for our company. He is a highly-respected finance leader who brings broad and deep financial skills and experience from very large, innovative technology and data-centric companies. He has a proven track record in accelerating innovation, strategic planning, M&A and the public equity and capital markets, including guiding TransUnion’s successful IPO in 2015.”
Mr. de Crescenzo continued, “On behalf of the entire Change Healthcare team, I want to thank Randy for his many significant contributions over the past three years, a period in which the company doubled in size and established strong positions in many areas important to the future of healthcare. He has been a friend and valued partner, and we wish him all the best in his retirement.”
Mr. Hamood commented, “I’m excited to join Change Healthcare given its substantial growth and focus on innovating to help its customers and the healthcare industry. At a time of substantial change in the U.S. healthcare system, the new Change Healthcare has great opportunities to deliver valuable solutions for payers, providers and consumers, and the scale and breadth of capabilities to capitalize on those opportunities. I look forward to contributing to the next stage of the company’s journey.”
Samuel Allen (Al) Hamood Biography
Mr. Hamood currently serves as Executive Vice President and Chief Financial Officer for TransUnion. In this role, he is responsible for overseeing the company’s financials and helping it achieve its strategic growth goals. During his tenure at TransUnion, Mr. Hamood has led the company through several value-enhancing transactions, including taking the company from a family-based private company, through two high-profile private equity sale transactions and an initial public offering along with several secondary offerings.
Prior to joining TransUnion, he was Senior Vice President and CFO for the U.S. Region of Electronic Data Systems, as well as Vice President of Investor Relations, and Senior Director of Corporate Strategy and Planning. Earlier in his career, Mr. Hamood spent six years in a variety of finance and strategy roles at the Walt Disney Company, and started his career with the audit practice of Deloitte and Touche.
Mr. Hamood is a graduate of the University of Iowa, where he earned a Bachelor of Business Administration in Finance, and also earned his Juris Doctorate from Southwestern University. He is a Certified Public Accountant and a Board Member and Audit Committee Chairman of The Culligan Corporation, and a Board Member for Chicago Run (Non-for-Profit) and the former Audit Committee Chairman. He sits on the Finance Advisory Council for the Tipplie School of Business at the University of Iowa, and on the Advisory Board for the Ernst and Young CFO Advisory Council in the Midwest Region.
About Change Healthcare
Change Healthcare is inspiring a better healthcare system. Working alongside our customers and partners, we leverage our software and analytics, network solutions and technology-enabled services to help them improve efficiency, reduce costs, increase cash flow, and more effectively manage complex workflows. Together, we are accelerating the journey toward improved lives and healthier communities. Learn more at www.changehealthcare.com.