Nchacha E. Etta has been appointed executive vice president and chief financial officer of Grapevine-based Omnicell Inc., a leader in transforming the pharmacy care delivery model, effective June 1.
Etta, a seasoned leader in finance with global brands, succeeds Peter J. Kuipers who will be stepping down from that role. Kuipers will remain with Omnicell through July 1, to help ensure a smooth transition of responsibilities.
Omnicell’s Chairman, President, CEO, and Founder, Randall Lipps, lauded Nchacha as a dynamic and collaborative leader, combining commercial acumen with a proven track record of achieving “strong financial and operational results.” Lipps underscored Nchacha’s unwavering commitment to enhancing patients’ health, aligning seamlessly with the company’s mission.
“We believe his skillsets and insights will be incredibly valuable as we continue to focus on realizing the benefits of our recent acquisitions, strengthening our operational efficiencies and building on the momentum underway,” Lipps said in a statement. “I look forward to working closely with him as we continue to strive to deliver value for our stockholders, our employees, our healthcare partners, and their patients.”
Financial leadership in global healthcare and consumer products
The company said that Etta is a veteran finance and accounting executive with more than 20 years of experience leading and working in global finance organizations across healthcare and consumer products industries.
Most recently, Etta was CFO of Essilor of America Inc., a subsidiary of EssilorLuxottica SA, where he developed and executed long-range financial and commercial strategies.
Before Essilor of America, Etta was worldwide vice president and CFO of Johnson & Johnson Vision, where he led finance operations of a 250-person global team. Etta also served in a number of financial roles of increasing responsibility at The Coca-Cola Co., Microsoft Corp. and Eli Lilly and Co.
“Omnicell is a category creator that is working to transform the pharmacy care delivery model, and I am honored to join the team in an effort to leverage my expertise to help drive the Company’s strategy forward,” Etta said in a statement. “Omnicell’s mission is one that I deeply believe in, and I look forward to collaborating with Randall and the entire management team as we seek to capture the potential opportunities that lie ahead and drive long-term value creation.”
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