Former Xerox Corporation CEO Ursula Burns has joined the board of directors of healthcare payment platform Waystar.
She served as CEO of Xerox Corporation from 2009 to 2016, where she spearheaded the largest acquisition in Xerox history and led the company through a successful separation into two independent publicly traded companies. She is also the retired chair and CEO of VEON Ltd.
Burns is currently a board member of ExxonMobil, Nestlé and Uber, and provides leadership counsel to organizations including the Ford Foundation, the Massachusetts Institute of Technology (MIT) Corporation, Cornell Tech Board of Overseers, the New York City Ballet and the Mayo Clinic.
In 2009, she was appointed by President Barack Obama to lead the White House National Science, Technology, Engineering and Math (STEM) program, which she did until 2016. She is also a founding member of Change the Equation, a non-profit organization that helps to advance STEM education across the United States.
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“We are honored to have Ursula join our board of directors. She has a track record of helping technology businesses expand and flourish, and her expertise will be invaluable as Waystar moves to our next stage of growth,” said Matt Hawkins, CEO and board member of Waystar. “An innovator in her own right, Ursula will bring significant value to our board as we offer increasingly transformative healthcare solutions for our clients and simplify healthcare payments on an even larger scale.”
Burns’ appointment brings the total number of board members for Louisville, Kentucky-based Waystar to eight. Other members include non-executive Chairman John Driscoll, CEO of CareCentrix; Eric Liu, partner and global co-head of healthcare at EQT; Michael Douglas, senior principal at CPPIB; Paul Moskowitz, principal at Bain Capital; James Barrese, former CTO of PayPal; Rob DeMichiei, former CFO of UPMC; and Matt Hawkins, CEO of Waystar.
The Waystar platform supports more than 450,000 providers, 750 health systems and hospitals, and 5,000 payers and health plans.
Source: Biz Journals