BRIDGEWATER, N.J.--(BUSINESS WIRE)--Alumni Staffing LLC, a Top 25 Locum Tenens healthcare staffing agency, announced today that Karl Lau has been appointed as Chief Operating Officer. Scott Hollingshead, who has been serving as Chief Operating Officer for the company since 2016, will be transitioning into a new role as Chief Financial Officer.
Karl is an accomplished finance and healthcare industry executive, with extensive experience in vendor management systems and healthcare staffing technology. Prior to Alumni, he led strategic partnerships for the VMS division of AMN Healthcare and served as Chief Operating Officer of LocumsMart, where he assisted in growing company revenues by nine times in four years. Karl started his career as an investment banker at Morgan Stanley in New York and worked at Credit Suisse, UBS, and Bear Stearns where he advised clients on capital markets and M&A transactions.
“Bringing Karl on board allows us to strategically enter the VMS/MSP locums market, while advancing our infrastructure through technology. Our growth has been tremendous and focused on direct business. Between his healthcare technology experience and banking background, he is the perfect complement to our executive team,” said John Pannucci, Chief Executive Officer of Alumni Staffing. “The transition of Scott into the CFO role solidifies our executive foundation. Having an 18-year staffing veteran to lead our organization’s cash flow, forecasting and financial success, allows us to trust that our growth will be continuous while remaining profitable.”
Karl has degrees from Yale University and The University of Texas at Austin and is a proud U.S. Army veteran with active-duty combat deployments to Iraq and Saudi Arabia.
About Alumni Staffing
Alumni Staffing is a premier nationwide locum tenens staffing company focused on staffing traditional on-site and virtual physicians, nurse practitioners, physician assistants, and CRNAs. Alumni’s clients range from small private outpatient facilities to large public healthcare systems. Its corporate office is in Bridgewater, NJ with additional offices outside of Dallas, TX and Los Angeles, CA.