LifePoint Names New CFO

Company exec Leif Murphy will continue as chief development officer and also take over the role of chief financial officer.

By Rich Smith – Aug 22, 2013 at 6:08PM EST

LifePoint Hospitals (LPNT +0.00%) has a new CFO.

On Wednesday, the hospital chain announced that current Chief Financial Officer Jeffrey S. Sherman "is leaving the Company to pursue another opportunity in Dallas, Texas, that is located closer to his family." Sherman, who is departing the company on Sept. 14, will be replaced by company Executive Vice President and Chief Development Officer Leif Murphy, who will retain these existing roles in addition to taking over the CFO post.

Murphy has worked for LifePoint for the past two years and worked in the health-care industry for the past 20, including in the capacities of treasurer of CVS Caremark, and chief executive officer of DSI Renal, a dialysis services company.

Rich Smith is a contributing Motley Fool defense and stock market analyst covering publicly traded and emerging companies in defense, space, aerospace, and other sectors. Prior to The Motley Fool, Rich practiced international corporate law for Clifford Chance in Russia, and for the Russian-Ukrainian Legal Group in Moscow, Kyiv, and Washington, D.C. He holds a bachelor’s degree in international relations from the College of William & Mary, a law degree from the University of Baltimore, and a language certification from the International Institute of Russian Language & Culture in Tver, Russian Federation. The Globe and Mail once featured him as “one of the best stock pickers since 2009.”

TMFDitty

@RichSmithFool

LifePoint Names New CFO

Read Next

About the Author

Stocks Mentioned

Premium Investing Services