Peter Walcek, VP Finance/CFO
Professional Overview
Peter Walcek is an accomplished finance executive with over 25 years of experience in the healthcare industry. As the VP Finance/CFO at Wentworth-Douglass Hospital, he is responsible for overseeing all financial operations, strategic planning, and driving organizational efficiency and profitability.
Experience Summary
Current Role
As the VP Finance/CFO at Wentworth-Douglass Hospital, Peter has been instrumental in managing the financial affairs of the organization since 1993. In this role, he is responsible for developing and implementing comprehensive financial strategies, overseeing budgeting and forecasting, and ensuring compliance with all relevant regulations and industry standards. Under his leadership, Wentworth-Douglass Hospital has achieved consistent revenue growth and improved financial stability, positioning the organization for long-term success.
Career Progression
Prior to joining Wentworth-Douglass Hospital, Peter held various finance and accounting roles in the healthcare sector, gaining valuable experience in financial reporting, cash flow management, and strategic decision-making. His ability to identify and capitalize on growth opportunities, coupled with his expertise in financial analysis and cost optimization, has been crucial in driving the hospital's financial performance.
Academic Background
Peter holds a Bachelor's degree in Accounting from the University of New Hampshire, where he graduated cum laude. He is a Certified Public Accountant (CPA) and has completed several executive leadership programs, further enhancing his strategic and managerial capabilities.
Areas of Expertise
- Financial planning, budgeting, and forecasting
- Cost management and optimization
- Financial reporting and compliance
- Strategic financial decision-making
- Healthcare industry regulations and best practices
- Organizational leadership and team development
Professional Impact
Under Peter's financial leadership, Wentworth-Douglass Hospital has achieved significant milestones, including:
- Implementing a comprehensive financial management system that improved operational efficiency and reduced costs by 15% over three years
- Spearheading a successful capital campaign that raised $25 million for the hospital's expansion and modernization projects
- Establishing a long-term financial strategy that has enabled the hospital to maintain a strong credit rating and secure favorable financing terms
- Serving as a trusted advisor to the hospital's executive team, contributing to the organization's overall strategic direction and decision-making
Conclusion
With his extensive experience, strategic acumen, and commitment to financial excellence, Peter Walcek is a highly respected finance leader in the healthcare industry. His ability to navigate complex financial challenges and drive organizational growth make him a valuable asset to Wentworth-Douglass Hospital and the communities it serves.
