Management
Craig McKasson
Chief Financial Officer
 Download high-resolution photo |
Craig McKasson is chief financial officer and senior vice president for Premier Inc. He has responsibility for the financial affairs of Premier, including strategic financial planning, internal and external financial reporting, budgeting and forecasting, financial operations, tax compliance and planning, treasury services and investor relations. He also oversees Premier's insurance management services division.
McKasson previously served as vice president of finance and corporate controller since 1997. In this capacity he oversaw Premier's accounting department and managed corporate financial reporting.
During McKasson's tenure, Premier has grown gross revenues from $200 million in 1998 to more than $800 million in 2011 and improved net income from $70 million in 1998 to more than $300 million in 2011. In addition, Premier has grown its annual cash distributions to its limited partners from $50 million in 1992 to $295 million in 2011 and has distributed almost $2.6 billion in cash to limited partners in that time frame. In addition, Premier has won the Malcolm Baldrige National Quality Award and has been named the last four years as one of the World's Most Ethical Companies by Ethisphere.
Before joining Premier, McKasson was a licensed certified public accountant and a consulting manager at Ernst & Young LLP, providing audit, tax and consulting services for various privately held development companies, as well as multistate publicly traded organizations in the life sciences, retail and technology sectors.
McKasson is a member of the board of directors of Global Healthcare Exchange LLC (GHX), an Internet-based trading exchange developed to reduce costs and improve efficiencies for all participants in the healthcare supply chain, of which Premier is an owner. McKasson is also a member of the board of directors of Innovatix LLC, which provides group purchasing services to certain nonacute healthcare providers and of which Premier is an owner. McKasson also serves as treasurer and on the board of directors for Saint Vincent De Paul Villages Inc., a not-for-profit organization providing care and rehabilitation for the homeless.
McKasson holds a Master of Science in Accountancy from San Diego State University and a Bachelor of Science cum laude degree in business administration with an emphasis in accounting from San Diego State University.