Katherine O'Halloran Appointed as Interim GoHealth Chief Financial Officer
GoHealth (NASDAQ: GOCO) has announced the appointment of Katherine O'Halloran as interim Chief Financial Officer following the resignation of Jason Schulz for personal reasons. O'Halloran, currently the Chief Accounting Officer, brings 30 years of experience in finance and accounting. Schulz will support the transition process until September 1, 2024. GoHealth's CEO, Vijay Kotte, expressed confidence in O'Halloran's ability to lead the finance function during the interim period while the company searches for a permanent CFO. O'Halloran previously served as CFO at VanEnkevort Tug & Barge and held leadership roles at Great Lakes Dredge & Dock
- Katherine O'Halloran brings 30 years of finance and accounting experience.
- O'Halloran has been with GoHealth since April 2023, indicating familiarity with the company.
- Jason Schulz will assist in the transition process until September 1, 2024, ensuring continuity.
- The company is actively searching for a permanent CFO, indicating proactive management.
- O'Halloran's background includes roles at VanEnkevort Tug & Barge and Great Lakes Dredge & Dock , adding to her credibility.
- The resignation of CFO Jason Schulz could create temporary instability in the finance department.
- Schulz's departure, although for personal reasons, may still be perceived negatively by investors.
- The interim period may delay long-term strategic financial planning until a permanent CFO is appointed.
- Potential uncertainty during the search process for a permanent CFO could affect investor confidence.
O'Halloran, current Chief Accounting Officer, brings 30 years of experience in Finance and Accounting at public and private companies
Former CFO Jason Schulz departs for personal reasons after building high-performing finance organization during company turnaround
Company to conduct search process for permanent CFO
CHICAGO, June 04, 2024 (GLOBE NEWSWIRE) -- GoHealth, Inc. (GoHealth) (NASDAQ: GOCO), a leading health insurance marketplace and Medicare-focused digital health company, announced that its Board of Directors has appointed Katherine O’Halloran, Chief Accounting Officer, as interim Chief Financial Officer.
Ms. O’Halloran’s appointment follows the resignation of Jason Schulz, Chief Financial Officer and Treasurer, effective immediately. Mr. Schulz’s resignation is for personal reasons and is in no way related to his performance, internal relationships, nor GoHealth’s business performance, financial reporting, or controls, where the Company has invested in and built a high performing finance function. Mr. Schulz will continue to support GoHealth with transition services through September 1, 2024 while the Company conducts a search process to identify a permanent CFO.
“Katie brings significant finance, accounting and audit expertise. With her background and strong knowledge of our business, we are confident that she will effectively lead our finance function during this interim period as we conduct a thorough search process to identify a permanent CFO. As Katie enters her new role, she will be supported by a deep and talented finance team to help build on the momentum underway throughout our business,” said Vijay Kotte, CEO of GoHealth. “I would also like to thank Jason for his contributions as CFO over the last two years, where he has leveraged his significant operating financial expertise to drive our transformational turnaround and establish a strong foundation to drive GoHealth’s continued stability, innovation and growth.”
Ms. O’Halloran joined GoHealth as Chief Accounting Officer in April 2023. From January 2022 until April 2023, she was the Chief Financial Officer at VanEnkevort Tug & Barge, Inc. Prior to VanEnkevort Tug & Barge, she spent the previous 16 years in various finance and accounting leadership roles at Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD).
Investor Relations
John Shave
jshave@gohealth.com
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