Retiring CFO reflects on Memorial’s growth
By Chad Williamson, Marysville J-T Editor
Linking Memorial Health’s two decades of rapid expansion to the hiring of CEO Chip Hubbs in 2004 is easy, but it’s hard to tell that story without including the contribution of Chief Financial Officer Jeff Ehlers.
Ehlers recently retired after 28 years with Memorial, helping to finalize his final budget with a gross revenue estimate of $678 million. When he was hired in 1997, the gross revenue was $47 million.
“It was a struggle back in those early days,” Ehlers said. “The growth wasn’t there.”
Ehlers’ history with Memorial actually predates Hubbs’ by several years. He was hired by then-CEO Danny Boggs as a controller…
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