BrightSpring Health Services, Inc. Announces Promotion of Jennifer Phipps to Chief Financial Officer
05 Mars 2025 - 11:20PM
BrightSpring Health Services, Inc. (“BrightSpring” or the
“Company”) (NASDAQ: BTSG) a leading provider of home and
community-based pharmacy and health services for complex
populations, today announced the promotion of Jennifer Phipps to
Chief Financial Officer. She will succeed Jim Mattingly, current
Chief Financial Officer, effective as of March 4, 2025.
Ms. Phipps’ experience at BrightSpring Health
Services spans eight years, and she currently serves as Chief
Accounting Officer and Principal Accounting Officer, as well as
Chief Financial Officer of BrightSpring’s Home Health and Hospice
segment and Senior Vice President of Treasury, Risk, Tax, Real
Estate, and Procurement for the Company. In her time at
BrightSpring, Jen has undertaken a broad set of responsibilities
across the organization, which have driven process improvements and
consistent outcomes in accounting and finance functions. This has
included leading the implementation of technologies that have
streamlined financial processes, building a lean-focused
procurement team working across all operations, and implementing
various accounting and finance systems to optimize controls and
enhance efficiencies. Jen has worked closely with Jim Mattingly,
BrightSpring’s prior CFO, in all accounting and financial processes
across the organization. She played a leading role in the Company’s
initial public offering and has remained actively involved in
public company processes.
Ms. Phipps brings over 20 years of financial and
accounting experience in the healthcare services industry to this
role as Chief Financial Officer. Prior to BrightSpring, Jen held
various accounting and SEC leadership reporting roles over time at
Cardinal Health, where she oversaw an accounting team and finance
for a large business and served as a business partner to other key
functions including legal, sales, and operations. Prior to that,
she worked in accounting at Ernst & Young for 6 years, where
she was responsible for annual audits, reviews, and quarterly
reviews of financial statements. Ms. Phipps holds an active
Certified Public Accountant license and received her Bachelor of
Science in Business Administration in accounting and Master of
Accounting from The Ohio State University.
“I want to thank Jim for his dedication and
important contributions to BrightSpring throughout his successful
tenure with the Company. We have realized many significant
milestones over this time period, as the Company has continued to
scale and evolve as a leader in our industries in very positive
ways,” said Jon Rousseau, Chairman, President and Chief Executive
Officer at BrightSpring. “I am pleased to promote Jen to the role
of Chief Financial Officer, and believe she is extremely well
suited to lead BrightSpring’s financial operations. Jen has played
a pivotal role in BrightSpring’s finance group, operations, and
growth over her last eight years with the Company. She is a highly
focused and capable leader that will support BrightSpring’s key
strategies and growing business needs. Jen has the right financial
and business leadership skills to support the Company’s mission of
providing high-quality and impactful community-based pharmacy and
provider health solutions to complex populations in need.”
“I am honored to assume the role of Chief
Financial Officer at BrightSpring and continue to work alongside
our dedicated, skilled, and compassionate team,” said Jennifer
Phipps, Chief Financial Officer at BrightSpring. “Not only is this
a dynamic organization with a long-standing track record of
success, but it is also an organization with more potential and
possibility. I am committed to applying my prior set of diverse
experiences to continue to ensure an extremely strong and leading
financial and operational foundation is in place to support the
Company’s mission to deliver high-quality patient care to all those
who can benefit from our services.”
About BrightSpring Health Services
BrightSpring Health Services provides
complementary home- and community-based pharmacy and provider
health solutions for complex populations in need of specialized
and/or chronic care. Through the Company’s service lines, including
pharmacy, home health care and primary care, and rehabilitation and
behavioral health, we provide comprehensive and more integrated
care and clinical solutions in all 50 states to over 450,000
customers, clients and patients daily. BrightSpring has
consistently demonstrated strong and often industry-leading quality
metrics across its services lines while improving the quality of
life and health for high-need individuals and reducing overall
costs to the healthcare system.
Contact
Investor Relations:David Deuchler, CFAGilmartin
Group LLCir@brightspringhealth.com
Media Contact:Leigh
Whiteleigh.white@brightspringhealth.com502.630.7412
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