Intermountain Health Selects Clay Ashdown as New CFO

Clay Ashdown has been named as the new chief financial officer for Intermountain Health after a robust candidate review process. In this role, he will lead and be responsible for all finance and associated functions across the enterprise. This leadership change was effective October 23.

“Clay has been a champion and trusted Intermountain leader for decades,” said Rob Allen, president and CEO of Intermountain Health. “With a strong command of the firm ties between finance and operations, he is undoubtedly the leader for the role.”

“I am honored to have the opportunity to serve Intermountain and its critical mission in this new role,” said Ashdown. “I look forward to continuing to promote partnerships and collaborative solutions for the organization and building on our long-standing legacy of excellence.”

Ashdown has been with Intermountain Health for the last 23 years. He first started with Intermountain Health as an advanced financial analyst after working at the accounting firm of KPMG. Since that time, he has advanced to progressive finance leadership roles in a variety of areas throughout the organization. Most recently, Ashdown served as the senior vice president of finance operations. Either currently or in prior roles, he has had leadership accountability over finance operations, debt and capital markets, rating agency and investor relations, payer contracting, financial planning and strategy, capital planning, construction, real estate, and Intermountain Ventures.

About Intermountain Health

Headquartered in Utah with locations in six states and additional operations across the western U.S., Intermountain Health is a nonprofit system of 34 hospitals, 400 clinics, medical groups with some 4,600 employed physicians and advanced care providers, a health plans division called Select Health with more than one million members, and other health services. Helping people live the healthiest lives possible, Intermountain is committed to improving community health and is widely recognized as a leader in transforming healthcare by using evidence-based best practices to consistently deliver high-quality outcomes at sustainable costs. For more information or updates, see https://intermountainhealthcare.org/news.