HealthComp Appoints Scott J. Charles as Chief Financial Officer

HealthComp Holding Company LLC (“HealthComp” or “the Company”), a leading third-party administrator (“TPA”) of healthcare benefits for self-funded employers, announced today that it has appointed Scott J. Charles as Chief Financial Officer (“CFO”). Mr. Charles brings more than twenty-five years of experience and numerous accomplishments in both public and private environments.

Most recently, Mr. Charles served as the CFO of Cytel, the largest provider of statistical and software-advanced analytics for clinical design trial and execution, playing a lead role in the growth of Cytel globally and in its successful sale. Previously, Mr. Charles served as the CFO of Aralez Pharmaceuticals, a publicly traded specialty pharmaceutical company, and as the Vice President of Finance and Treasurer at Ikaria, Inc., a critical care pharmaceutical company, helping deliver the successful Initial Public Offering of its Research and Development business and sale of its commercial business.

“We are thrilled to welcome Scott and his years of experience in the pharmaceutical and healthcare space to the HealthComp team,” said HealthComp’s Chief Executive Officer Chad Harris. “Scott is bringing valuable insight and experience to the company, and, with an understanding of the ever-rising costs of healthcare that employers and members are facing, his leadership is going to help HealthComp continue to meet its mission – to provide innovative and affordable solutions that improve the quality of healthcare for members, clients, and providers.”

“I look forward to the opportunity to work with the HealthComp team and look forward to continuing to solidify the company’s position as the nation’s largest, independently-held TPA,” said Mr. Charles. “The level of commitment shown – from the customer service teams to the clinical teams and beyond – gives me confidence that we will continue to be able to deliver an industry-leading experience for our customers.” Mr. Charles holds a Bachelor of Science in Business Administration from Bucknell University and is a Certified Public Accountant.

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