NASHVILLE, Tenn.--(BUSINESS WIRE)--Change Healthcare, a leading provider of software and analytics, network solutions, and technology-enabled services, today announced the appointment of Samuel Allen (Al) Hamood as Executive Vice President and Chief Financial Officer, effective August 21, 2017. Mr. Hamood has over 25 years of experience in a range of finance functions. He joins Change Healthcare from TransUnion Corporation, where he has served as Executive Vice President and Chief Financial Officer since February 2008. He will succeed Randy Giles, who will retire from Change Healthcare following a transition period and the completion of the company’s financial audits. Mr. Hamood will report to Change Healthcare President and Chief Executive Officer Neil de Crescenzo.

Mr. de Crescenzo said, “We are delighted to welcome Al to the Change Healthcare team at an exciting time for our company. He is a highly-respected finance leader who brings broad and deep financial skills and experience from very large, innovative technology and data-centric companies. He has a proven track record in accelerating innovation, strategic planning, M&A and the public equity and capital markets, including guiding TransUnion’s successful IPO in 2015.”

Mr. de Crescenzo continued, “On behalf of the entire Change Healthcare team, I want to thank Randy for his many significant contributions over the past three years, a period in which the company doubled in size and established strong positions in many areas important to the future of healthcare. He has been a friend and valued partner, and we wish him all the best in his retirement.”

Mr. Hamood commented, “I’m excited to join Change Healthcare given its substantial growth and focus on innovating to help its customers and the healthcare industry. At a time of substantial change in the U.S. healthcare system, the new Change Healthcare has great opportunities to deliver valuable solutions for payers, providers and consumers, and the scale and breadth of capabilities to capitalize on those opportunities. I look forward to contributing to the next stage of the company’s journey.”

Samuel Allen (Al) Hamood Biography

Mr. Hamood currently serves as Executive Vice President and Chief Financial Officer for TransUnion. In this role, he is responsible for overseeing the company’s financials and helping it achieve its strategic growth goals. During his tenure at TransUnion, Mr. Hamood has led the company through several value-enhancing transactions, including taking the company from a family-based private company, through two high-profile private equity sale transactions and an initial public offering along with several secondary offerings.

More People on the Move