The NMC Board has named Todd Kasitz as the hospital’s new chief financial officer, effective January 1, 2013. Kasitz will replace outgoing CFO Paul Lavender, who is retiring after 10 years with NMC.
“I’m confident that Todd is the right person to help steer Newton Medical Center through the many changes and challenges faced by the healthcare industry,” said CEO Steve Kelly. “He has the right skills to ensure that the NMC family stays healthy for many years to come.”
Kasitz joins NMC from Leslie Rudd Investment Co., an investment holding company operating distribution, manufacturing, luxury retail and restaurant companies, where he was senior vice president of finance and technology. Before becoming senior VP, he served as chief financial officer for Dean and Deluca, Inc., a subsidiary of Leslie Rudd. Prior to that, Kasitz served as chief financial officer for Wichita-based Preferred Health Systems, Inc., a $460 million insurance holding company. he has also held financial positions at THORN Americas, Inc., Quik Print, Inc. and American Communications, Inc.
Kasitz is a graduate of Bethel College, where he majored in accounting and business administration. He also holds an MBA from Wichita State University.