After conducting a nationwide executive search in collaboration with healthcare leadership solutions firm B. E. Smith, Sheltering Arms in Richmond, Va., has hired Michael Dacus as chief financial officer. An experienced financial executive, Dacus will assume his new duties at Sheltering Arms immediately.
“Michael has a proven track record of enhancing revenue growth and successfully translating complex financial concepts into information that is understandable and actionable,” said James Sok, president/chief executive officer, Sheltering Arms. “Michael is a great addition to our senior-leadership team.”
Prior to joining Sheltering Arms, Dacus was CFO at East Cooper Medical Center in Mount Pleasant, S.C., a Tenet Healthcare facility. Dacus served as a key member of the senior leadership team and directed all financial aspects of the hospital.
“Sheltering Arms needed an experienced healthcare CFO with a demonstrated ability to ensure the organization’s strong financial margin while leading the development and implementation of growth strategies,” said Teresa Collins, vice president of senior executive search for B. E. Smith. “Michael’s skill set was exactly what they were seeking.”
Dacus earned master’s degrees in healthcare administration and accounting, and a bachelor of science degree in business administration at the University of North Carolina at Chapel Hill. He is a certified public accountant, certified internal auditor, certified fraud examiner and a certified tax resolution specialist.