CommonSpirit CFO Retirement | Becker’s Hospital Review
Daniel Morissette, CommonSpirit’s CFO, is set to retire this October, a significant move for one of the largest health systems in the U.S.The board immediately initiated the search for a successor to fill the CFO role. Morissette has been instrumental as the Dignity Health and Catholic Health Initiatives merger in 2019, shaping the health system finance of CommonSpirit. Before this role, he served as CFO for both Dignity Health and Stanford Health Care, notably leading Stanford’s international expansion. With Morissette’s extensive experience in healthcare finance, his departure marks a pivotal moment. News Directory 3 is following the developments closely. Discover what’s next for CommonSpirit as they navigate this transition.
CommonSpirit CFO Daniel Morissette to Retire this October
Updated June 12, 2025
Daniel Morissette, senior executive vice president and CFO of CommonSpirit, will retire at the end of October, according to a filing from the Chicago-based health system. The commonspirit board has begun searching for a new CFO, with hopes of completing the process before Morissette’s departure.
Morissette has been the CFO of CommonSpirit since its inception in 2019, following the merger of Dignity Health, based in San Francisco, and Catholic Health Initiatives, based in Englewood, Colo. his role has been pivotal in shaping the financial landscape of one of the nation’s largest health systems.
before CommonSpirit, Morissette served as CFO for both Dignity Health and Stanford Health Care in Palo Alto, Calif.During his tenure at Stanford, he spearheaded the system’s international expansion, establishing a presence in China, Hong Kong, and the United Arab Emirates. His extensive experience makes him a key figure in health system finance.
CommonSpirit, boasting 137 hospitals across 24 states, reported total operating revenue of $37.5 billion in 2024.
What’s next
The CommonSpirit board aims to name a new CFO before Morissette’s official departure at the end of October, ensuring a smooth transition for the expansive health system.