Andrew J. Poole III, Oaklawn's Chief Financial Officer as of May 1, 2019, is directly responsible for all finance and accounting functions, including debt issuance and management and investor relations. Mr. Poole reports to Gregg M. Beeg, FHFMA, FACHE, Oaklawn Hospital's President and Chief Executive Officer as of May 1, 2019.
Shelley J. Aronson of First River Advisory (a registered Municipal Advisor) serves as Oaklawn's financial advisor in connection with its continuing disclosure and debt management functions.
Gregg Beeg, a career-long veteran in healthcare financial management, joined Oaklawn in March 2014 as Chief Financial Officer. He assumed the Interim Chief Executive Officer position in August 2018 upon the resignation of his predecessor, and was named President and Chief Executive Officer on May 1, 2019.
Having held progressively responsible positions in healthcare financial management since his college graduation in 1979, Gregg has broad administrative experience at independent community hospitals, faith-based health systems and academic medical centers, including those which involved financial turnaround situations. Prior to joining Oaklawn, Gregg served as Chief Financial Consultant to Carson City Hospital, Carson City, Michigan. In this interim consulting role, he provided daily financial and operational leadership while co-directing a turnaround initiative with a consulting firm. Previously, Gregg served as Vice President of Finance and Operations and Chief Financial Officer at the former Central Michigan Community Hospital, Mount Pleasant, Michigan (since 2010, McLaren Central Michigan). Earlier in his career, Gregg held the position of Director of Finance and Chief Financial Officer for Joint Ventures at St. Mary’s Mercy Medical Center, Grand Rapids, Michigan, an operating unit of Trinity Health, and Director of Budget and Cost Reimbursement at Saginaw General Hospital, Saginaw, Michigan (now Covenant Medical Center). Gregg began his career as an accountant at University of Michigan Medical Center, Ann Arbor, Michigan, advanced to a financial analyst position and was subsequently promoted to Accounting Supervisor.
Gregg was conferred his Bachelors degree in Accounting by Ferris State University, Big Rapids, Michigan, and earned his Masters degree in Business Administration at Eastern Michigan University, Ypsilanti. He is a Fellow of both the American College of Healthcare Executives and the Healthcare Financial Management Association. Gregg has served as an Adjunct Professor at Central Michigan University, teaching the Financial Aspects of Health Service Organizations course to undergraduate and graduate students annually. He has served on governing boards of several professional and civic organizations.
Mr. Poole joined Oaklawn as its Controller in February 2014, and was promoted to Interim Chief Financial Officer in August 2018. He was named Chief Financial Officer as of May 1, 2019.
Mr. Poole is a veteran health care financial manager, having commenced his career in 1987 with hospitals in the Chicago area. His managerial positions have included Chief Financial Officer of Madison Center, a behavioral health organization headquartered in South Bend, Indiana, and, just prior to joining Oaklawn, Regional Director of Reimbursement and Planning for the Northern Indiana Region of Franciscan Alliance, Hammond, Indiana.
Mr. Poole holds masters and bachelors degrees in business administration from the University of Illinois at Chicago and Andrews University, Berrien Springs, Michigan, respectively. He is licensed as a Certified Public Accountant by the State of Illinois.
Shelley J. Aronson is the President of First River Advisory L.L.C., an independent financial advisory firm which specializes in fashioning capital financing and debt management solutions for health care organizations. First River Advisory is a Municipal Advisor registered with the Securities and Exchange Commission and the Municipal Securities Rulemaking Board.
Since the establishment of First River Advisory in 1995, and in his prior life as an investment banker, Shelley has developed and implemented capital financing programs for large teaching hospitals, community hospitals, specialty hospitals, critical access hospitals, long-term care organizations and a hospice. All of First River Advisory’s clients have presented challenging credit profiles. Many bond issues have been sold in the high-yield market, a sector in which Shelley has been active since 1990. Throughout his career, Shelley has promoted better organization, readability and completeness of clients’ primary and secondary market disclosure information for which he has been commended by investment analysts and others on a number of occasions.
Prior to forming First River Advisory, Shelley had a 10½-year stint as an investment banker with Chemical Securities and Manufacturers Hanover Securities Corporation. Earlier in his career, Shelley had been associated with the New York State Medical Care Facilities Finance Agency, a major bond issuer, and the Bergen-Passaic (NJ) Health Systems Agency, a regional planning organization.
Shelley served two terms as a Director at Large of the National Association of Municipal Advisors (NAMA), from which he holds a Certified Independent Professional Municipal Advisor designation. He is a member of the Healthcare Financial Management Association and the National Federation of Municipal Analysts. Shelley chaired NAMA’s annual conference in 2015 and co-chaired the 2016 conference, and has moderated panels at earlier NAMA conferences. He was an active participant on the NFMA task force that developed the Recommended Term Sheet and Legal Provisions for Hospital Debt Transactions, and has moderated several panels at NFMA advanced seminars.
Shelley earned both Bachelors and Masters degrees from the University of Pennsylvania in Regional Science (urban and regional economics), with a concentration in urban and regional health care systems. In addition, he has completed doctorate-level courses in health care policy and planning at New York University.