MultiPlan Appoints Jim Head as CFO

NEW YORK–(BUSINESS WIRE)–MultiPlan Corporation (NYSE:MPLN), a leading provider of data analytics and technology-enabled cost management, and payment and revenue integrity solutions to the U.S. healthcare industry, has appointed Jim Head to serve as its new Executive Vice President and Chief Financial Officer, effective November 29, 2021. As of that date, he will replace David Redmond who will retire at the end of 2021, as was announced earlier this year. Head brings significant experience in corporate strategy, mergers and acquisitions, capital markets, and investor relations to the MultiPlan leadership team.

Head most recently was a Partner at BDT & Company, LLC, a merchant banking firm. Prior to that, he worked at Morgan Stanley for 22 years where he held various executive leadership roles, including Co-Head of the Mergers, Acquisitions and Restructuring Group, Americas, with a focus on healthcare, information technology, financial technology and financial services industries.

In his new role, Head will lead all financial and investor relations activities for the company in support of MultiPlan’s strategic growth plan. He will also serve on MultiPlan’s Executive Management Team. Head’s impressive career, which includes over 30 years as an investment banker involved in complex financial transactions, makes him a great addition to MultiPlan’s leadership team.

“I am pleased to welcome Jim Head to our leadership team,” said Mark Tabak, MultiPlan CEO. “He is a proven leader with the right combination of financial expertise and an understanding of the unique market dynamics in the healthcare industry. We look forward to working with him during this very exciting stage of MultiPlan’s growth.”

“I am excited to join MultiPlan, a company that I have worked with and followed for over 15 years,” said Head. “MultiPlan has a proven track record of delivering affordability and efficiency to our healthcare system and is a trusted partner to its customers. I look forward to playing a key role in helping MultiPlan continue to drive sustained growth and shareholder value.”

For additional information about MultiPlan’s leadership team, visit the MultiPlan website at https://www.multiplan.us/company/leadership-team/.

About MultiPlan

MultiPlan is committed to helping healthcare payors manage the cost of care, improve their competitiveness and inspire positive change. Leveraging sophisticated technology, data analytics and a team rich with industry experience, MultiPlan interprets clients’ needs and customizes innovative solutions that combine its payment and revenue integrity, network-based and analytics-based services. MultiPlan is a trusted partner to over 700 healthcare payors in the commercial health, government and property and casualty markets. For more information, visit www.multiplan.com.