CHEMED CORP (CHE)
Sector: Health Care
Sector: Health Care
CHEMED CORP - Executive Compensation
Executive Vice President, CFO and Controller
Executive Compensation
Michael D. Witzeman serves as Executive Vice President, Chief Financial Officer, and Controller of Chemed Corporation, a leading provider of hospice care and plumbing services through its VITAS Healthcare and Roto-Rooter subsidiaries. With over 25 years of experience in finance and accounting, Witzeman joined Chemed in 2005 as Vice President of Finance for VITAS Healthcare. Prior to that, he spent a decade at Deloitte & Touche, rising to Audit Manager, where he honed his expertise in financial reporting, auditing, and compliance for healthcare and service-based industries. A Certified Public Accountant, he holds a Bachelor of Science in Accounting from the University of Cincinnati. Under Witzeman's leadership, Chemed has achieved significant financial growth, including consistent revenue expansion and strong shareholder returns, with the company's stock outperforming broader market indices over multiple years. Promoted to Chief Financial Officer of VITAS in 2007 and to his current enterprise-wide role in 2013, he oversees all aspects of financial strategy, treasury, tax, investor relations, and internal controls. His strategic oversight has been instrumental in navigating regulatory changes, optimizing capital allocation, and supporting accretive acquisitions that have bolstered Chemed's market position. Witzeman's commitment to fiscal discipline and operational efficiency has earned him recognition within the industry, including features in investor publications for Chemed's robust financial performance. He plays a key role in the company's board committees and contributes to long-term planning that aligns with Chemed's mission of delivering essential services while maximizing value for stakeholders.