MCLEAN, VA--(Marketwired - October 18, 2016) - Cognosante today announced that its Chief Financial Officer (CFO), Aaron Daniels, will retire at the end of October. In a planned transition, Cognosante's Chief Accounting Officer, Tom Hohman, will succeed Aaron as CFO. Tom, who joined the company in June 2015, will assume leadership of Cognosante's fiscal operations, leveraging his more than 25 years of proven experience in finance, accounting, and business operations. Aaron will remain involved with the company on an ongoing basis in an advisory capacity, allowing for a deliberate and seamless transition.
"Since 2011, Aaron has served as an integral part of Cognosante's executive team," said Michele Kang, CEO of Cognosante. "His financial acumen and leadership helped drive our tremendous growth over the last 5 years, and I am very grateful for both his committed service and his partnership during this time. We wish him well as he embarks on this next chapter of his journey.
"We are also confident that our team has chosen the right successor in Tom," Michele continued. "His breadth and depth of experience, combined with the leadership he has shown in his tenure at Cognosante, make him a tremendous asset to our strategic plans."
Prior to joining Cognosante, Tom served as CFO of Compressus, Inc., where he built a growth-oriented operating infrastructure that included right-sizing the company, cleaning up financial records, and establishing proper reporting policies, procedures, and internal controls. He previously served as founding CFO of the Public Company Accounting Oversight Board, helping to grow the organization from 35 employees and one office to more than 550 employees with nine offices around the country.
A certified public accountant, Tom holds a Bachelor of Science in Business Administration, Accounting, from the University of Richmond E. Claiborne Robins School of Business, and a Master in Business Administration, Finance, from the George Washington University School of Business and Public Management.
"Aaron's numerous accomplishments as CFO have positioned Cognosante for continued success, and I am honored to step into the role," said Tom. "I look forward to helping to steer the company through its continued growth and evolution."
Cognosante provides technology solutions, Business Process Outsourcing, and consulting services to federal, state, and local government healthcare agencies. The company has nearly 3 decades of experience working with 48 states and the Federal government, developing, managing, and executing large, complex health information programs. Its expertise includes Medicaid, Medicare, health insurance marketplaces, health data standards and reconciliations, modular system development and integration, health data analytics, and fraud, waste, and abuse.