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HCSG Announces Appointment of Chief Financial Officer

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Healthcare Services Group (NASDAQ:HCSG) has appointed Vikas Singh as EVP & Chief Financial Officer, effective September 3, 2024. Singh, with over 20 years of experience in finance, strategy, and operations, will oversee HCSG's accounting and finance operations, and contribute to corporate development, investor relations, and long-term growth strategy. His most recent role was Managing Director of Leveraged Finance & Capital Markets at Bank of America Securities.

CEO Ted Wahl praised Singh's expertise and accomplishments. Additionally, HCSG promoted Andrew Brophy, CPA, to SVP, Controller & Chief Accounting Officer. Brophy joined the company in 2018 and has held various roles in the accounting and finance department.

Healthcare Services Group (NASDAQ:HCSG) ha nominato Vikas Singh come EVP e Chief Financial Officer, a partire dal 3 settembre 2024. Singh, con oltre 20 anni di esperienza in finanza, strategia e operazioni, supervisionerà le operazioni contabili e finanziarie di HCSG, e contribuirà allo sviluppo aziendale, alle relazioni con gli investitori e alla strategia di crescita a lungo termine. Il suo ruolo più recente è stato quello di Managing Director di Leveraged Finance & Capital Markets presso Bank of America Securities.

Il CEO Ted Wahl ha elogiato l'expertise e i risultati di Singh. Inoltre, HCSG ha promosso Andrew Brophy, CPA, a SVP, Controller e Chief Accounting Officer. Brophy è entrato nell'azienda nel 2018 e ha ricoperto vari ruoli nel dipartimento contabile e finanziario.

Healthcare Services Group (NASDAQ:HCSG) ha nombrado a Vikas Singh como EVP y Director Financiero, con efecto a partir del 3 de septiembre de 2024. Singh, con más de 20 años de experiencia en finanzas, estrategia y operaciones, supervisará las operaciones contables y financieras de HCSG, y contribuirá al desarrollo corporativo, relaciones con inversores y estrategia de crecimiento a largo plazo. Su rol más reciente fue Director Gerente de Finanzas Apalancadas y Mercados de Capital en Bank of America Securities.

El CEO Ted Wahl elogió la experiencia y logros de Singh. Además, HCSG promovió a Andrew Brophy, CPA, a SVP, Controlador y Director de Contabilidad. Brophy se unió a la empresa en 2018 y ha ocupado varios cargos en el departamento de contabilidad y finanzas.

Healthcare Services Group (NASDAQ:HCSG)는 Vikas Singh을 EVP 및 최고 재무 책임자로 임명한다고 발표했으며, 시행일자는 2024년 9월 3일입니다. Singh은 20년 이상의 재무, 전략 및 운영 경험을 보유하고 있으며, HCSG의 회계 및 재무 운영을 감독하고 기업 개발, 투자자 관계 및 장기 성장 전략에 기여할 것입니다. 그의 최근 역할은 Bank of America Securities의 레버리지 금융 및 자본 시장 관리 책임자였습니다.

CEO Ted Wahl은 Singh의 전문 지식과 업적을 칭찬했습니다. 또한, HCSG는 Andrew Brophy, CPA를 SVP, 회계 책임자 및 최고 회계 책임자로 승진시켰습니다. Brophy는 2018년에 회사에 합류하였으며 회계 및 재무 부서에서 여러 역할을 맡아왔습니다.

Healthcare Services Group (NASDAQ:HCSG) a nommé Vikas Singh au poste d'EVP et de Chief Financial Officer, avec effet au 3 septembre 2024. Singh, qui possède plus de 20 ans d'expérience en finance, stratégie et opérations, supervisera les opérations comptables et financières de HCSG, et contribuera au développement de l'entreprise, aux relations avec les investisseurs et à la stratégie de croissance à long terme. Son dernier poste était celui de Managing Director de Leveraged Finance & Capital Markets chez Bank of America Securities.

Le PDG Ted Wahl a loué l'expertise et les réalisations de Singh. De plus, HCSG a promu Andrew Brophy, CPA, au poste de SVP, Contrôleur et Chief Accounting Officer. Brophy a rejoint l'entreprise en 2018 et a occupé plusieurs postes dans le département de comptabilité et de finances.

Healthcare Services Group (NASDAQ:HCSG) hat Vikas Singh als EVP und Chief Financial Officer ernannt, mit Wirkung zum 3. September 2024. Singh, der über 20 Jahre Erfahrung in Finanzen, Strategie und Betrieb verfügt, wird die Buchhaltungs- und Finanzoperationen von HCSG überwachen und zur Unternehmensentwicklung, zu den Beziehungen zu Investoren und zur langfristigen Wachstumsstrategie beitragen. Seine letzte Position war Managing Director für Leveraged Finance & Capital Markets bei Bank of America Securities.

Der CEO Ted Wahl lobte Singhs Fachwissen und Erfolge. Darüber hinaus hat HCSG Andrew Brophy, CPA, zum SVP, Controller und Chief Accounting Officer befördert. Brophy kam 2018 ins Unternehmen und hat verschiedene Rollen in der Buchhaltungs- und Finanzabteilung innegehabt.

Positive
  • Appointment of experienced CFO with diverse background in finance, strategy, and operations
  • Internal promotion of Andrew Brophy to SVP, Controller & Chief Accounting Officer, demonstrating career growth opportunities
Negative
  • None.

BENSALEM, Pa.--(BUSINESS WIRE)-- Healthcare Services Group, Inc. (NASDAQ:HCSG) today announced the appointment of Vikas Singh as EVP & Chief Financial Officer, effective September 3, 2024. He will oversee HCSG’s accounting and finance operations, and play a key role in corporate development, investor relations, and the success of its long-term growth strategy.

Mr. Singh brings over two decades of diverse experience in finance, strategy and operations to the Company. Most recently, he served as Managing Director of Leveraged Finance & Capital Markets at Bank of America Securities. Prior to that he worked in the Financial Sponsors Group at Credit Suisse and in the Asia-Pacific Credit Card Group at Citibank. Mr. Singh began his career with GSK’s Consumer Healthcare Division and held roles in Sales Management and as National Brand Manager within the marketing organization.

“Vikas is a highly accomplished finance executive with a proven track record of success," said Ted Wahl, Chief Executive Officer. “His extensive experience and deep expertise in finance will be invaluable as we continue to grow and expand our business. We are thrilled to welcome him to our leadership team.”

“I am honored to be joining HCSG at such a dynamic time,” said Mr. Singh. “I look forward to working with the talented team to capitalize on multi-decade secular tailwinds to drive profitable growth and deliver long-term value to our shareholders.”

Mr. Singh holds a BA in Economics from The University of Delhi, a PGDM from The Indian Institute of Management, Calcutta and an MBA in Accounting and Finance from The University of Chicago Booth School of Business.

The Company also announced the promotion of Andrew Brophy, CPA to the position of SVP, Controller & Chief Accounting Officer. Mr. Brophy joined the Company in 2018 and has held roles of increasing responsibility in the accounting and finance department, most recently as VP & Controller. Mr. Brophy began his career in the Assurance Services practice at PwC.

About Healthcare Services Group, Inc.

Healthcare Services Group (NASDAQ: HCSG) is an experienced leader in managing housekeeping, laundry, dining, and nutritional services within the healthcare industry. With more than 45 years of experience, HCSG aims to provide improved operational, regulatory, and financial outcomes for its clients.

Investor Contact:

HCSG Investor Relations

215-639-4274

investor-relations@hcsgcorp.com

Source: Healthcare Services Group, Inc.

FAQ

Who is the new CFO of Healthcare Services Group (HCSG)?

Vikas Singh has been appointed as the new EVP & Chief Financial Officer of Healthcare Services Group (HCSG), effective September 3, 2024.

What is Vikas Singh's background before joining HCSG?

Vikas Singh has over 20 years of experience in finance, strategy, and operations. His most recent role was Managing Director of Leveraged Finance & Capital Markets at Bank of America Securities.

What are Vikas Singh's responsibilities as CFO of HCSG?

As CFO, Vikas Singh will oversee HCSG's accounting and finance operations, and play a key role in corporate development, investor relations, and the success of its long-term growth strategy.

Who else was promoted at Healthcare Services Group (HCSG)?

Andrew Brophy, CPA, was promoted to the position of SVP, Controller & Chief Accounting Officer at Healthcare Services Group (HCSG).

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Medical Care Facilities
Services-nursing & Personal Care Facilities
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BENSALEM