Privia Health Group, Inc (PRVA) Appoints Jeff Sherman as CFO

January 6, 2022 4:15 PM EST
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Privia Health Group, Inc. (Nasdaq: PRVA) announced that Jeffrey S. Sherman will join the company as Executive Vice President and Chief Financial Officer (CFO), effective immediately. Mr. Sherman will report to Privia Health’s Chief Executive Officer, Shawn Morris, and will be responsible for finance and accounting, including financial planning and analysis, treasury, investor relations, and SEC reporting.

“Privia Health’s vision is to build a next generation, national care delivery organization, and we are very pleased to have Jeff add to the depth and breadth of our leadership team as we continue to expand in multiple new and existing geographies,” said Privia Health CEO Shawn Morris. “We expect Jeff’s deep financial, healthcare and payer services experience with public companies to be a valuable asset for Privia Health during this time of tremendous growth and momentum for our organization. His demonstrated financial expertise and attention to operational detail will support our mission to build scaled provider networks nationwide and create long-term value for our shareholders.”

Sherman had served as Executive Vice President (EVP), Chief Financial Officer and Treasurer for HMS Holdings Corp. since 2014. Prior to that, he served as EVP and CFO of AccentCare, a private-equity owned community-based health care delivery organization. Sherman previously was EVP and CFO of LifePoint Hospitals Inc., a publicly-traded operator of 71 hospitals in 22 states with $6.3 billion in annual revenues prior to its sale. His healthcare experience also comprises senior finance positions with Tenet Healthcare Corporation, including Treasurer, and Divisional and Hospital CFO roles. Sherman received a B.S. in Finance/Accounting from the University of Colorado, Boulder and an MBA from the University of Southern California.

Mr. Sherman succeeds David Mountcastle, who will depart to pursue other opportunities following a transition period. “David has been instrumental in Privia Health’s growth and success. On behalf of our Company, I thank him for his many contributions and wish him success in his future endeavors,” Morris added.

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