NeoGenomics Announces Chief Financial Officer Transition

Jeffrey S. Sherman Appointed Chief Financial Officer

FT. MYERS, FL / ACCESSWIRE / December 5, 2022 / NeoGenomics, Inc. (NASDAQ:NEO), a leading provider of oncology testing and global contract research services, today announced that Jeffrey S. Sherman will join the company as Chief Financial Officer, effective December 7, 2022. Mr. Sherman succeeds William Bonello who will remain with the Company to provide transition and onboarding support for a period of time.

"I am pleased to welcome Jeff to NeoGenomics. He brings deep financial, healthcare and payer services experience from a variety of public healthcare services companies. In particular, Jeff has especially strong skills in pricing management with commercial and governmental payors and revenue cycle management. I'm confident that Jeff will be a tremendous asset as we return NeoGenomics to sustainable, profitable growth," said Chris Smith, Chief Executive Officer. "I appreciate the collaboration I have had with Bill during my time at NeoGenomics and want to thank him for his many contributions as a key member of the team. I wish him well in his future endeavors."

Mr. Sherman brings over 32 years of finance experience in the healthcare services industry. Prior to joining the Company, Mr. Sherman served as the Chief Financial Officer of Privia Health Group, Inc. (NASDAQ: PRVA) a national physician enablement company that collaborates with medical groups, health plans, and health systems to optimize physician practices, improve patient experiences, and reward doctors for delivering high-value care. Prior to joining Privia, Mr. Sherman served as the Executive Vice President, Chief Financial Officer and Treasurer at HMS, a technology, analytics and engagement solutions provider helping organizations reduce costs and improve health outcomes, from 2014 to 2021. Mr. Sherman was part of the team that helped drive a significant improvement in operating performance at HMS during his tenure and led the process which resulted in a sale to Veritas-backed Gainwell Technologies for $3.4 billion in April 2021. Prior to that, Mr. Sherman served as Executive Vice President and Chief Financial Officer of AccentCare, a healthcare delivery organization, from 2013 to 2014. Sherman previously served as Executive Vice President and Chief Financial Officer of Lifepoint Hospitals, Inc. from 2009 to 2013. His experience also includes senior finance positions with Tenet Healthcare Corporation including Treasurer, and Divisional and Hospital CFO roles. Mr. Sherman received a bachelor's degree in Finance/Accounting from the University of Colorado, Boulder, and an MBA from the University of Southern California.