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St. Charles Health System Inc.

05/11/2021 | Press release | Distributed by Public on 05/12/2021 00:26

Matt Swafford is new senior vice president and chief financial officer

St. Charles hires Matt Swafford as senior vice president and chief financial officer

BEND, Ore. - St. Charles Health System is pleased to announce that Matt Swafford has accepted the position of senior vice president and chief financial officer. Swafford - who has more than 30 years of experience in the finance field - will join St. Charles June 28.

'I'm so excited to welcome Matt to St. Charles,' said Joe Sluka, president and CEO of the health system. 'Matt has been a partner to us for many years in his current role with Melio & Company in Portland as a financial and strategic advisor and he knows our organization well. He will be a great addition to the team.'

Swafford currently serves as partner and managing director for Melio & Company, an independent fiduciary advisor to nonprofit health care organizations throughout the nation. In this role, he has advised St. Charles, Asante, Oregon Health & Science University, Salem Health and others on strategic, financial and capital markets activities, including master facility plan funding, capital restructurings, mergers and acquisitions, and joint ventures. Before joining Melio & Company, Swafford served as an executive director in the public finance health care group for Morgan Stanley and as a first vice president in the public finance health care group for UBS.

He holds a bachelor of music, arts administration degree from Northwestern University with an emphasis on management, organizational administration, finance and orchestral performance.

Swafford was born and raised in Portland and has family throughout the state, including in Central Oregon. He is married to Jeanette, his wife of 20 years, and they have two teenage daughters. Swafford enjoys hiking, mountain biking, rock climbing, paddle boarding and snowboarding.

'I have worked closely with Matt for many years and can't imagine a better person to transition into the St. Charles chief financial officer role,' said Jenn Welander, current senior vice president and chief financial officer for St. Charles. 'He understands our business and will bring a really important strategic focus as St. Charles continues to transform the way it provides care to our communities.'

Welander's last day will be July 15, giving her a few weeks to introduce Swafford to the St. Charles team. She has built a detailed plan and is already working with the Finance team to prepare for the transition.

'I am thrilled to join the St. Charles team at an exciting time of fundamental change,' Swafford said. 'I admire the culture and financial credibility St. Charles has built over the past decade, and I am excited to collaborate with Joe and the entire team toward the vision of 'Creating America's healthiest community, together.''

About St. Charles Health System

St. Charles Health System, Inc., headquartered in Bend, Ore., owns and operates St. Charles Bend, Madras, Prineville and Redmond. It also owns family care clinics in Bend, La Pine, Madras, Prineville, Redmond and Sisters. St. Charles is a private, not-for-profit Oregon corporation and is the largest employer in Central Oregon with more than 4,600 caregivers. In addition, there are more than 350 active medical staff members and nearly 200 visiting medical staff members who partner with the health system to provide a wide range of care and service to our communities.