Option Care Health Announces Chief Financial Officer Transition
Option Care Health (Nasdaq: OPCH), the largest independent provider of home and alternate site infusion services in the US, announced a significant leadership transition. Meenal Sethna will join as Executive Vice President and CFO effective October 1, 2025, succeeding Mike Shapiro, who will step down after 10 years with the company.
Sethna brings over 30 years of experience and most recently served as EVP and CFO at Littelfuse, Inc. Shapiro will remain as Strategic Advisor through Q1 2026 to ensure a smooth transition. The change comes as Option Care Health maintains strong momentum in its mission to deliver extraordinary care and create long-term shareholder value.
Option Care Health (Nasdaq: OPCH), il principale fornitore indipendente di servizi di infusioni a domicilio e in strutture alternative negli USA, ha annunciato un importante cambio ai vertici. Meenal Sethna entrerà a far parte dell’azienda come Executive Vice President e CFO a partire dal 1 ottobre 2025, subentrando a Mike Shapiro, che lascerà il ruolo dopo 10 anni in azienda.
Sethna vanta oltre 30 anni di esperienza e proviene dall’incarico di EVP e CFO presso Littelfuse, Inc. Shapiro resterà come consigliere strategico fino al primo trimestre del 2026 per garantire una transizione agevole. La nomina avviene mentre Option Care Health continua a mantenere forte slancio nella sua missione di offrire cure straordinarie e creare valore duraturo per gli azionisti.
Option Care Health (Nasdaq: OPCH), el mayor proveedor independiente de servicios de infusión a domicilio y en lugares alternativos en EE. UU., anunció una importante transición en su liderazgo. Meenal Sethna se incorporará como Executive Vice President y CFO a partir del 1 de octubre de 2025, sucediendo a Mike Shapiro, que dejará el cargo tras 10 años en la compañía.
Sethna aporta más de 30 años de experiencia y procedía del puesto de EVP y CFO en Littelfuse, Inc. Shapiro permanecerá como asesor estratégico hasta el primer trimestre de 2026 para asegurar una transición fluida. El cambio se produce mientras Option Care Health mantiene un sólido impulso en su misión de ofrecer una atención extraordinaria y generar valor a largo plazo para los accionistas.
Option Care Health (Nasdaq: OPCH), 미국에서 가장 큰 독립 가정·대체 장소 주입 서비스 제공업체가 중대한 경영진 교체를 발표했습니다. Meenal Sethna가 2025년 10월 1일부로 Executive Vice President 겸 CFO로 합류하며, 10년간 회사에 재직한 Mike Shapiro의 뒤를 잇습니다.
Sethna는 30년 이상의 경력을 보유했으며, 최근 Littelfuse, Inc.에서 EVP 겸 CFO로 재직했습니다. Shapiro는 원활한 인수인계를 위해 2026년 1분기까지 전략 고문으로 남을 예정입니다. 이번 인사는 Option Care Health가 탁월한 의료 제공과 장기적 주주 가치를 창출하려는 사명을 향해 강한 모멘텀을 유지하고 있는 가운데 이루어졌습니다.
Option Care Health (Nasdaq: OPCH), le principal prestataire indépendant de services de perfusion à domicile et en sites alternatifs aux États-Unis, a annoncé une importante transition de direction. Meenal Sethna rejoindra l’entreprise en tant qu’Executive Vice President et CFO à compter du 1er octobre 2025, succédant à Mike Shapiro, qui quittera son poste après dix années au sein de la société.
Sethna possède plus de 30 ans d’expérience et occupait récemment le poste d’EVP et CFO chez Littelfuse, Inc. Shapiro restera conseiller stratégique jusqu’au premier trimestre 2026 afin d’assurer une transition en douceur. Ce changement intervient alors qu’Option Care Health maintient son élan pour fournir des soins d’exception et créer une valeur durable pour les actionnaires.
Option Care Health (Nasdaq: OPCH), der größte unabhängige Anbieter von häuslichen und alternativen Infusionsdiensten in den USA, hat einen bedeutenden Führungswechsel angekündigt. Meenal Sethna wird zum 1. Oktober 2025 als Executive Vice President und CFO eintreten und Mike Shapiro ablösen, der nach zehn Jahren im Unternehmen zurücktritt.
Sethna bringt über 30 Jahre Erfahrung mit und war zuletzt EVP und CFO bei Littelfuse, Inc. Shapiro wird bis zum ersten Quartal 2026 als strategischer Berater verbleiben, um einen reibungslosen Übergang zu gewährleisten. Die Veränderung erfolgt, während Option Care Health seine starke Dynamik bei der Bereitstellung außergewöhnlicher Pflege und der Schaffung langfristigen Aktionärswerts beibehält.
- Incoming CFO brings 30+ years of experience with proven track record in capital deployment and growth
- Smooth transition planned with outgoing CFO remaining as Strategic Advisor through Q1 2026
- Company maintains strong balance sheet and capital structure
- Loss of experienced CFO who helped navigate company through significant growth period
- Potential disruption in financial leadership during transition period
Mike Shapiro to Step Down After 10 Years With the Company; Meenal Sethna Named EVP and CFO Effective October 1, 2025
BANNOCKBURN, Ill., Aug. 20, 2025 (GLOBE NEWSWIRE) -- Option Care Health, Inc. (the “Company” or “Option Care Health”) (Nasdaq: OPCH), the nation’s largest independent provider of home and alternate site infusion services, announced the appointment of Meenal Sethna as Executive Vice President and Chief Financial Officer, effective October 1, 2025. Sethna will succeed Mike Shapiro, who has decided to step down as CFO effective September 30, 2025, following a decade of service to the Company. At the time of the transition, Shapiro will remain with the Company as a Strategic Advisor through at least the first quarter of 2026 to continue to help advance the Company’s strategy and ensure a smooth transition.
Sethna is a seasoned public company CFO and business executive with more than 30 years of broad experience across multiple industries. Sethna most recently served as Executive Vice President and Chief Financial Officer of Littelfuse, Inc., a diversified, industrial technology manufacturing company, where she was responsible for finance and accounting, tax and treasury, investor relations, digital and information technology and supply chain operations. Prior to joining Littelfuse in May 2015, Sethna served as Vice President and Corporate Controller at Illinois Tool Works.
“We are excited to welcome Meenal to the Option Care Health leadership team,” said John C. Rademacher, President and Chief Executive Officer. “She brings significant leadership and a history of thoughtful capital deployment, with a proven track record of driving sustainable growth, enhanced profitability and leading shareholder returns. Option Care Health has tremendous momentum underway, and I look forward to partnering with Meenal as we work to deliver extraordinary care to our patients and create long-term value for our shareholders.”
“Mike has been an incredible partner and a key member of the leadership team since Option Care Health became an independent company. I respect his decision to step down as he begins the next phase of his life,” said Rademacher. “Among his many contributions during his tenure, Mike has helped to build Option Care Health into a leading provider for infusion therapy services, strengthened our financial position and developed a deep bench of finance talent, all while helping navigate through a dynamic healthcare environment. On behalf of the entire organization, I thank him for his service as CFO and appreciate his commitment to our mission as he transitions into an advisory role.”
“After ten rewarding years in the role of CFO, I realize now is the right time to step down for personal reasons. Option Care Health has a solid balance sheet and capital structure with the capacity to continue executing our value creation strategy and strong business performance with the support of an outstanding finance team. I look forward to continuing to work closely with John, Meenal and the leadership team to support the Company’s ongoing success.” said Shapiro.
“I’m inspired by Option Care Health’s purpose to provide extraordinary care that changes lives and I’m honored to be joining the Company,” said Sethna. “Working alongside John and the Option Care Health leadership team, I look forward to building on the Company’s strong foundation and playing a meaningful role in delivering continued growth and further value creation for our shareholders.”
About Meenal Sethna
Sethna most recently served as Executive Vice President and Chief Financial Officer of Littelfuse, Inc. (NASDAQ: LFUS), a diversified, industrial technology manufacturing company, where she was responsible for finance and accounting, tax and treasury, investor relations, digital and information technology and supply chain operations. Prior to joining Littelfuse in May 2015, Sethna spent four years at Illinois Tool Works as Vice President and Corporate Controller. Before that, she worked at Motorola Inc., most recently as Vice President, Finance, and began her career at Baxter International where she held a variety of finance roles during her tenure. She currently serves on the Board of Directors of SPX Technologies.
Sethna is a graduate of the Kellogg School of Management at Northwestern University and the University of Illinois-Urbana and is a Certified Public Accountant in Illinois.
About Option Care Health
Option Care Health is the nation’s largest independent provider of home and alternate site infusion services. With over 8,000 team members including more than 5,000 clinicians, we work compassionately to elevate standards of care for patients with acute and chronic conditions in all 50 states. Through our clinical leadership, expertise and national scale, Option Care Health is reimagining the infusion care experience for patients, customers and team members. To learn more, please visit our website at optioncarehealth.com.
Investor Contact:
Nicole Maggio
nicole.maggio@optioncare.com
312.940.2495
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