Medical Facilities Corp. names Tyler Murphy executive VP of finance — 5 takeaways

Headquartered in Toronto, Canada, Medical Facilities Corp. named Tyler Murphy executive vice president of finance.

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Here are five takeaways:

1. Mr. Murphy will report to Michael Salter, MFC’s current chief financial officer.

2. It is expected that Mr. Murphy will assume the CFO role when Mr. Salter retires on Dec. 31, 2016.

3. Mr. Murphy joined the company on Nov. 21, 2016.

4. With more than 15 years of senior financial management experience in healthcare, Mr. Murphy most recently was the vice president and treasurer of a publicly-traded healthcare company.

5. MFC owns and controls one California ASC and five specialty surgical hospitals in Arkansas, Indiana, Oklahoma and South Dakota.

“With his experience working at large US publicly-listed healthcare companies, we are very pleased that Tyler is joining us, particularly at this phase of our evolution,” said Britt T. Reynolds, CEO, MFC. “He brings robust financial management skills, keen business insight and expertise in the healthcare sector, and direct working knowledge of capital markets and investor relations.”

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