Athenahealth CFO Tim Adams leaving for software CFO spot

Athenahealth, the Watertown, Mass., developer of cloud-based practice management, electronic health-record and mobile health systems is now looking for a new, permanent CFO because Tim Adams, its CFO for nearly five years, has announced he is leaving to become the CFO of another company, Demandware, a Boston-based developer of software for online retailers.

Athenahealth VP and Controller Karl Stubelis has been named acting CFO, effective immediately, while a search for Adams' successor is underway.

“Adams will remain with the company through the end of May 2014, after which he will take on a paid advisory role throughout the months of June and July to ensure a seamless transition of his responsibilities and to help vet and hire athenahealth's next CFO,” the company said in a release.

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