Leadership Changes - Community Health Systems (CHS) has appointed Kevin Hammons as CEO, effective immediately, after serving as interim CEO since October 1 [1] - Jason Johnson has been made the permanent CFO after serving as interim finance chief [2] Executive Background - Kevin Hammons joined CHS in 1997 and has held various roles including CFO since January 2020, overseeing accounting, regulatory reporting, budgeting, corporate finance, and investor relations [2][3] - Jason Johnson has been with CHS since 2012, previously serving as chief accounting officer and vice president and corporate controller [3] Company Operations - CHS owns or leases 69 hospitals and operates over 1,000 sites of care across the country [5] - The company plans to continue pursuing divestitures as a long-term goal to deleverage its balance sheet [5] - Recent revenue results were in line with expectations, but CHS has faced challenges with sluggish volumes affecting earnings for multiple quarters [5]
CHS appoints Kevin Hammons as CEO