Community Health Systems Appoints Kevin Hammons Chief Executive Officer and Jason Johnson Chief Financial Officer

Key Terms

chief executive officer financial

A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.

chief financial officer financial

A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.

chief accounting officer financial

A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.

enterprise resource planning (ERP) technical

Enterprise resource planning (ERP) is a type of software that helps a business organize and manage its core activities—such as finance, supply chain, manufacturing, and human resources—within a unified system. It acts like a central hub that brings together different parts of a company, making operations more efficient and providing better data for decision-making. For investors, ERP systems can signal how well a company integrates and manages its resources, impacting overall performance and growth prospects.

SEC reporting regulatory

SEC reporting is the process by which publicly traded companies regularly share important financial information with the government agency responsible for overseeing the stock market. This information helps investors understand a company's financial health and make informed decisions, much like how a doctor’s check-up provides insight into a person's well-being. Consistent and transparent reporting ensures trust and fairness in the financial markets.

capital market transactions financial

Capital market transactions are the actions a company takes to raise money from investors by selling new shares, bonds, or other long-term securities to the public or institutions. For investors, these deals change who owns the company and how it is financed—similar to a household taking out a mortgage or selling stock to raise cash—which can dilute share value, alter risk, and affect future returns.

treasury management financial

Treasury management is a company's day‑to‑day handling of cash, short‑term investments, borrowing and financial risks to make sure bills are paid, excess cash is used wisely, and exposure to things like interest rates or foreign currencies is controlled. Think of it as running the company's checking account and emergency fund so operations keep flowing. For investors, strong treasury management signals that a company can meet obligations, fund growth without costly surprises, and protect value in changing markets.

investor relations financial

Investor relations is the communication process between a company and its current or potential investors. It involves sharing information about the company's performance, strategies, and outlook to help investors make informed decisions. Effective investor relations build trust and transparency, similar to a clear conversation between a business and someone considering investing, ensuring both parties understand each other's interests and expectations.

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Community Health Systems, Inc. (NYSE: CYH) (the “Company” or “CHS”) announced today that the Company’s Board of Directors has appointed Kevin Hammons to chief executive officer and Jason Johnson to chief financial officer, effective immediately. Hammons and Johnson have been serving in these roles on an interim basis since October 1, 2025. Hammons was also appointed to serve as a member of the Board.

“I’m honored to lead the CHS team during a time when we see significant opportunities to advance clinical services, quality and patient care, deeply engage with employees and physicians, and create lasting value for all of our communities and stakeholders,” said Kevin Hammons, chief executive officer of Community Health Systems, Inc. “I’m fortunate to work with talented and committed leaders who share a strong desire to make the healthcare experience exceptional for our patients and each other, to grow our business, and to excel in every way.”

Echoing that sentiment, Jason Johnson, chief financial officer of Community Health Systems, Inc., said, “I’m also excited to serve CHS in this new role and during the next phase of the Company’s growth and advancement. As we continue to make meaningful progress across our operational and financial goals, we look forward to building more momentum in the year ahead and even greater confidence in the future of the Company.”

Hammons previously served as the Company’s chief financial officer since January 2020. He joined Community Health Systems in 1997, working in financial reporting roles. He was promoted to vice president and chief accounting officer in 2012, later becoming senior vice president. In 2017, he was named assistant chief financial officer and he served as treasurer from 2018 through 2019. Hammons’ various responsibilities have included overseeing accounting and financial reporting, SEC reporting, budgeting, capital market transactions, corporate finance and treasury management, and investor relations. Hammons also led the organization’s recent enterprise resource planning (ERP) implementation.

Johnson previously served as chief accounting officer, responsible for the Company’s SEC reporting, as well as overseeing various other accounting and financial reporting responsibilities. He joined Community Health Systems in 2012 as vice president and assistant corporate controller and was promoted to vice president, corporate controller in 2018. He was promoted again in 2019 to chief accounting officer.

Wayne T. Smith, chairman of the Board of Directors of Community Health Systems, Inc., said, “The Board is delighted to appoint these two proven leaders who can take the Company to the next level. Kevin and Jason both have a deep understanding of our company and the healthcare industry, unique perspectives that can accelerate growth and our strategic priorities, and they are both very highly regarded by their colleagues and industry peers. I am confident they will succeed and excel in their leadership roles.”

About Community Health Systems, Inc.
Community Health Systems, Inc. is one of the nation’s largest healthcare companies. The Company’s affiliates are leading providers of healthcare services, developing and operating healthcare delivery systems in 36 distinct markets across 14 states. The Company’s subsidiaries own or lease 69 affiliated hospitals with more than 10,000 beds and operate more than 1,000 sites of care, including physician practices, urgent care centers, freestanding emergency departments, occupational medicine clinics, imaging centers, cancer centers and ambulatory surgery centers. The Company’s headquarters are located in Franklin, Tennessee, a suburb south of Nashville. Shares in Community Health Systems, Inc. are traded on the New York Stock Exchange under the symbol “CYH.” More information about the Company can be found on its website at www.chs.net.

Forward-Looking Statements
This press release may include information that could constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risk and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251210075560/en/

Media Contact:

Tomi Galin

Executive Vice President, Corporate Communications, Marketing and Public Affairs

(615) 628-6607

Investor Contacts:

Kevin Hammons

Chief Executive Officer

(615) 465-7000

Anton Hie

Vice President – Investor Relations

(615) 465-7012

Source: Community Health Systems, Inc.