KS

Karen Shepard

Professional Summary



Professional Overview
Karen Shepard is an accomplished finance executive with extensive expertise in driving financial strategy and operational excellence. As the VP Finance/CFO at PeaceHealth, she oversees all financial functions, including budgeting, forecasting, reporting, and risk management, to support the organization's growth and sustainability.

Experience Summary

Current Role
In her role as VP Finance/CFO at PeaceHealth, Karen is responsible for leading the finance team and developing financial strategies to support the organization's mission. She has implemented robust financial controls, improved reporting processes, and optimized resource allocation to enhance overall financial performance. Under her leadership, PeaceHealth has achieved consistent profitability and strengthened its financial position.

Career Progression
With over 15 years of progressive experience in the healthcare industry, Karen has successfully navigated various finance leadership roles. Prior to joining PeaceHealth, she served as the Director of Finance at a prominent regional healthcare system, where she played a critical role in streamlining financial operations and spearheading cost-saving initiatives.

Academic Background
Karen holds a Master of Business Administration (MBA) from the University of Oregon, where she specialized in Finance. She also earned a Bachelor of Science (BS) in Accounting from the same institution, graduating with honors.

Areas of Expertise
  • Financial planning and analysis

  • Budgeting and forecasting

  • Treasury management

  • Financial reporting and compliance

  • Strategic decision-making

  • Organizational leadership

  • Healthcare industry knowledge


Professional Impact
During her tenure at PeaceHealth, Karen has been instrumental in driving significant financial improvements. She led the implementation of a new enterprise resource planning (ERP) system, which enhanced data accuracy and streamlined financial reporting. Additionally, she spearheaded the development of a comprehensive long-term financial plan, aligning the organization's financial strategies with its strategic objectives.

Conclusion
With a proven track record of financial leadership and a deep understanding of the healthcare industry, Karen Shepard is a valuable asset to PeaceHealth. Her strategic vision, financial acumen, and commitment to operational excellence have been pivotal in strengthening the organization's financial position and positioning it for continued growth and success.