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David Wagnon

President & Chief Financial Officer

Mr. Wagnon has a proven track record of developing successful strategies and innovative tactics that continuously exceed expectations. He is accomplished at building and leading high-performance organization by being a performance catalyst, cross-functional coach, decision engineer, change agent, and stakeholder navigator. Throughout his career he has driven profitable revenue growth and significant cost reductions while growing through acquisitions. He possesses strong qualifications in talent management, business development, and process improvement, with expertise in sell-side readiness, information technology, key account management and growth, valuation, due diligence and large integrations.

As the President and Chief Financial Officer of PT Solutions, Mr. Wagnon has been tasked to aggressively grow the business by optimizes operational results, expanding current partnerships, and successfully acquiring and integrating acquisitions while developing a stable platform and infrastructure that appropriately scales with the desired growth. In his first year, PT solutions revenue and EBITDA grew ~35% year over year by improving operations through standardized reporting and regular reviews, acquiring and successfully integrating the largest acquisition in the company’s history, and stabilizing the platform via investments in information technology, talent acquisition, and accounting. The current business consists of over 500 locations generating approximately $500mm in revenue and $100mm in EBITDA. Mr. Wagnon’s responsibilities include business development, finance, accounting, treasury, procurement, revenue cycle management, managed care, project management, real estate, human resources, project management and information technology totaling approximately 300 team members.

As the Executive Vice President and Chief Financial Officer of US Radiology Specialist, Mr. Wagnon and the CEO built a platform that produced midteen organic growth while acquiring and integrating twelve acquisitions. The business consists of 177 imaging centers (78 joint ventured with health systems) and 85 hospitals imaging throughout thirteen states. His responsibilities included finance, treasury, procurement, and revenue cycle management totaling approximately 250 team members. Mr. Wagnon’s organization drove a culture of accountability and positive results with monthly operating reviews, KPIs, and enhanced analytics combined with timely high-quality reporting. In addition, his team supported integrations with expedited synergies and consolidation. In just over three years, the business grew from a single practice with 3 corporate employees (including Mr. Wagnon) generating $130mm in revenue and $20mm in EBITDA to 3800 team members generating over $1.2 billion in revenue and approximately $230mm in EBITDA.

As the Senior Vice President and Chief Financial Officer of McKesson Speciality Health, Mr. Wagnon partnered with CEO to define a strategic vision while ensuring tactical success that exceeded expectations. The $20 billion business unit consists of three segments (provider solutions, practice management, and manufacturer solutions). He led a team of approximately 1000 employees responsible for finance, mergers and acquisition, and Six Sigma functions. Mr. Wagnon advanced the finance organization by focusing on talent management and organizational design to enhance reporting and analytics. At the same time, executed and integrated $1.4 billion in acquisitions while reducing corporate cost by 20%. During his three years, operating profit grew at a double-digit pace while the business unit double its EBITDA to $500mm.

As the Vice President and Chief Financial Officer of McKesson Pharmacy Systems and Automation, Mr. Wagnon and the CEO were tasked to find a path to profitability for this breakeven business or be divested. The $200mm business unit consists of multiple software products, business services, informatics, and high-volume solutions marketed to national, outpatient and independent pharmacies. He led a team of sixty employees accountable for finance, information technology, and Six Sigma functions. Mr. Wagnon rightsized the business with Six Sigma initiatives and by shifting a portion of research and development to offshore while maintaining a high-quality product. He also launched an informatics business line that drove significant incremental EBITDA. At end of his third year, the business unit was producing $30mm in EBITDA.

Mr. Wagnon has held multiple finance leadership roles over his 25-year career in healthcare, consumer products, and consulting. He holds a Master of Business Administration from Washington University in St. Louis, Missouri. He also holds a Bachelor of Business Administration in finance and a Bachelor of Arts in philosophy from Southern Methodist University in Dallas, Texas.