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Front Porch Announces Ed Salvador to Join Leadership Team as New CFO

GLENDALE, Calif., Sept. 28, 2017 (GLOBE NEWSWIRE) -- Front Porch, a not-for-profit organization serving individuals and families through full-service retirement, active adult and affordable housing communities announced today Ed Salvador, an experienced financial executive, will join the company’s leadership team as Chief Financial Officer on October 2, 2017.

Ed Salvador will join the company's leadership team on October 2, 2017.


Salvador brings more than 25 years of broad range progressive leadership of diverse management teams, both with for-profit and not-for-profit organizations. His vast experience in a highly competitive marketplace of healthcare organizations and community hospitals spans financial reporting, revenue cycle management, payor contract negotiations, program performance assessment, operations improvement strategies and development of information systems.

“Ed’s impressive leadership qualities along with his finance and project management background make him an excellent fit for Front Porch and its collaborative culture,” said Front Porch Chief Executive Officer John M. Woodward. “He brings a strong awareness of quality and customer experience with a focus on business performance.”

“An experienced healthcare leader, Ed’s deep knowledge and background in the not-for-profit world and the healthcare industry make him the right choice as our new CFO,” said Front Porch President Roberta Jacobsen. “We are excited to have Ed join our team.”

Salvador joins Front Porch after serving as CFO for St. Jude Medical Center, a ministry of St. Joseph Health System, a multifaceted integrated healthcare organization providing a comprehensive spectrum of sophisticated services designed to heal the minds, bodies and spirits of those in need. Previously, Salvador served as CFO for Tenet Healthcare at Garden Grove Hospital Medical Center and Community and Mission Hospitals of Huntington Park, where he directed all financial activities for the investor-owned company.

Salvador graduated from the University of California, Irvine, with a master’s degree in business administration, following his bachelor’s degree in business administration with an emphasis in finance from California State University, Long Beach. Salvador previously served as a board member of AccessOC, a non-profit providing access to outpatient surgeries for the medically uninsured population of Orange County. He is also associated with the Healthcare Financial Management Association (HFMA) and the American College of Healthcare Executives (ACHE). He is a resident of Yorba Linda, Calif.

About Front Porch

Front Porch is a not-for-profit organization based in Glendale, Calif., serving individuals and families through full-service retirement, active adult communities, affordable housing and related management and development services. Front Porch retirement communities offer options ranging from independent living to skilled care, including assisted living and memory care. Front Porch holds an A credit rating from FitchRatings and an A- credit rating from Standard & Poor’s. Founded in 1999, Front Porch embraces a leading-edge approach to enhancing well-being with innovative communities and programs that meet the changing needs of people as they age. The Front Porch culture is driven by Humanly Possible®, a commitment to cause-based innovation that harnesses the innovative spirit of all of its staff in an effort to do whatever is humanly possible to meet emerging needs of the people we serve now and in the future. Specialized outreach programs like the Front Porch Center for Innovation and Wellbeing and the Front Porch Gallery support the Front Porch belief in understanding and creatively meeting the needs of individuals in community.

Front Porch is comprised of 10 full-service retirement communities in California and two adult living communities: one in Louisiana and one in Florida. Front Porch also serves individuals and families through 25 affordable housing communities managed by CARING Housing Ministries, a division of Front Porch.

For more information contact:
Rita McNeil and/or Masha Rumer
FrontPorch@graham-associates.com
(415) 986-7212

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/52f22833-22c7-4853-8868-ebc29f31a0a5

Source: Front Porch