Nobilis Health Corp. today announced the appointment of Mr. David Young as its Chief Financial Officer. Mr. Young brings to Nobilis extensive Fortune 500 company executive experience in corporate finance, financial planning, and cost management in healthcare.
“We are excited to welcome David to the leadership team at Nobilis. He will unquestionably make an immediate impact on our financial operations as we continue to grow nationally. We have expanded our markets and facilities over the last three years which has created the need for us to bring deeper experience to the finance team. David brings the track record of a successful chief financial officer in managing national level portfolios along with his experience as a seasoned operations executive. His skills and integrity are important attributes that he brings to the executive team as Nobilis continues its aggressive growth,” said Harry Fleming, Chief Executive Officer of Nobilis. “David’s primary focus will be to manage Nobilis’ bottom line to keep up with our rapid growth. Nobilis will continue to bring in experienced executives to manage its rapidly growing national presence,” continued Fleming.
Most recently, Mr. Young served as Senior Vice President/Division CFO of St. Jude Medical Inc.’s Americas Division, where he implemented innovative cost structures that generated substantial cost savings and improved overall profitability during his tenure. Prior to St. Jude, Mr. Young served as Vice President of Finance at Thermo Fisher Scientific, an $18 billion life sciences research company, which has over 55,000 employees globally. Prior to his role at Thermo Fisher Scientific, Mr. Young was Vice President of Finance at Cardinal Health.
Mr. Young will succeed Kenny Klein, who will remain at Nobilis in a finance leadership role focusing on the company’s Hospital Division. “Nobilis has a history of strong revenue performance. As we build on that history and continue our aggressive acquisition strategy we need to strengthen our integration process and ensure a culture of focus and discipline when managing our cost structure, beginning with the Hospital Division. With 24 locations in seven states, including 4 hospitals, 10 ASCs and 10 clinics, efficient operations will become critical to the company’s continued success,” stated Mr. Young.
Mr. Young began his career at KPMG, as an auditor for a variety of industries, including healthcare. Mr. Young is a licensed CPA and holds an M.B.A. from the University of Texas, McCombs School of Business.