Diplomat welcomes new CFO

Diplomat Pharmacy has appointed Atul Kavthekar as chief financial officer and treasurer, effective May 1, 2017.

Kavthekar will lead Diplomat’s financial operations and investor relations efforts, the company announced in its press release on Thuesday. Additionaly, Kavthekar will be responsible for managing liquidity, balance sheet risk, and capital market transactions.

Phil Hagerman, CEO and chairman said: “Atul is an exceptional choice to take on the CFO role. I am confident his addition to the Diplomat leadership will position us well for the future, and I am so pleased to have him on board.”

Prior to Diplomat, Kavthekar served as the CFO of LivingSocial, an e-commerce retailer. Kavthekar also has extensive mergers and acquisitions and capital markets experience as an investment banker.

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