Home » Baptist Health CFO to retire on Sept. 30; new CFO named

Baptist Health CFO to retire on Sept. 30; new CFO named

Carl Herde
Carl Herde

Has been with company for 32 years

LOUISVILLE, Ky. (July 26, 2016) — Baptist Health chief financial officer Carl Herde announced his retirement Monday following a 32-year career at Baptist where he began as corporate controller. Herde, who was named vice president and chief financial officer in 1993, will step down on Sept. 30. Baptist Health named Stephen R. Oglesby CFO, effective Sept. 1, allowing a month overlap of roles to ease the transition.

“We are grateful for Carl’s fiscal leadership and guidance as Baptist Health has grown from a five-hospital organization to a more than $2 billion system,” said CEO Steve Hanson. “Carl’s critical role in overseeing Finance, Revenue Cycle, Supply Chain and Decision Support—in addition to his work with the Finance Committee of our Board of Directors—has helped our organization navigate the financial challenges facing healthcare companies across the nation.”

Herde has been recognized for his extensive public service, most recently with the 2010 Business First CFO of the Year Community Service Award. Carl has also chaired the Kentucky Medicaid Technical Advisory Committee since 2006, and is on the boards of the American Excess Insurance Exchange (AEIX) and Stock Yards Bancorp, Inc., among many others.

Oglesby joined Baptist in 1993 and has held positions including assistant vice president of finance and most recently as vice president of financial strategy and integration.

In his current role, Oglesby led the process to acquire Floyd Memorial Hospital and Health Services which will take effect on Oct. 1. His role also oversees system initiatives including the coordination of large capital projects and acquisitions, financial planning and forecasting, and development of financial plans to supplement corporate strategic plans.