(Oconomowoc, Wis.) Michael Hedrick, M.B.A., is the new executive vice president and chief financial officer of Rogers Behavioral Health System, Inc. effective Sept. 16, Pat Hammer, president and chief executive officer (CEO) of the system, announced.
Hedrick has more than 25 years of experience providing growth-oriented nonprofit and for-profit companies with business and financial leadership. His professional experience includes: strategic financial planning, financial due diligence, financial system integration, merger and acquisitions and project management. Additionally, he has experience in leading information system implementation, organizational change, investment management, board education and governance.
“In these challenging times with health reform, we at Rogers find ourselves anticipating growth that will meet the mental health needs of our neighbors in Wisconsin and beyond,” said Hammer, CEO of the southeast Wisconsin system anchored by Rogers Memorial Hospital. “We are delighted that Michael is joining us, bringing with him a diversity of experience and leadership in strategic financial planning and implementation that further strengthens our management team moving forward.”
A native of Elm Grove, Wis., Hedrick is a graduate of the Owen Graduate School of Management at Vanderbilt University and earned his Bachelor of Arts degree in economics from Southern Methodist University.
“I am joining Rogers at a time when great opportunity lies ahead for it to expand its services and the strength of its programs,” said Hedrick. “Rogers’ management and leadership have positioned it as a front-runner in behavioral health care, with strong people, programs, facilities and financial foundation. Now is the time to focus on the future; I’m pleased I am going to be able to contribute to that growth.”
Hedrick has previously served on the board of Rogers Partners in Behavioral Health, a key corporation for the Rogers system. In the Chicago area, Hedrick has served for more than 10 years on the board of WINGS Program, Inc., an organization providing services for victims of domestic violence. He is also member of the finance and investment committees for One Hope United, a multi-state family and children’s agency.