Ernest Priddy, CFO
Professional Overview
Ernest Priddy is an accomplished finance executive with over 15 years of experience driving strategic financial planning and operational excellence. As the Chief Financial Officer at UHS, he leads the company's financial strategy and oversees all accounting, budgeting, and reporting functions. Priddy's deep expertise in the healthcare industry and proven track record of transforming financial processes have positioned him as a trusted advisor to the executive team.
Experience Summary
Current Role
As CFO of UHS, Priddy is responsible for the company's overall financial health and performance. He manages a team of 25 finance professionals and is instrumental in developing financial policies, establishing internal controls, and optimizing cash flow. Under Priddy's leadership, UHS has achieved a 20% increase in operating margins over the past 3 years through cost optimization initiatives and strategic investments.
Career Progression
Prior to joining UHS, Priddy served as the Vice President of Finance at a regional healthcare provider, where he played a key role in integrating two acquired entities and streamlining financial reporting systems. Earlier in his career, he held various financial analyst and controller roles at leading healthcare organizations, gaining valuable experience in financial planning, budgeting, and regulatory compliance.
Academic Background
Priddy holds a Bachelor of Science in Accounting from the University of North Carolina at Chapel Hill. He is a Certified Public Accountant (CPA) and has completed executive leadership programs at the Wharton School of Business.
Areas of Expertise
- Financial planning and analysis
- Healthcare industry regulations and compliance
- Mergers and acquisitions integration
- Process improvement and operational optimization
- Financial reporting and forecasting
- Talent management and team development
Professional Impact
Under Priddy's financial leadership, UHS has achieved consistent year-over-year revenue growth and maintained a strong balance sheet, positioning the company for continued expansion. He has also been instrumental in implementing data-driven decision-making processes and enhancing the company's financial controls and risk management practices.
Conclusion
With his extensive finance expertise, strategic mindset, and proven ability to drive organizational transformation, Ernest Priddy is a valuable asset to UHS. As the company continues to navigate the evolving healthcare landscape, Priddy's financial acumen and visionary leadership will be crucial in ensuring the organization's continued success and profitability.