---
title: "Island Health names Banner Health exec Paul Vachek CFO"
description: "Paul Vachek, former Banner Health CFO, brings 20+ years of healthcare finance leadership to Island Health, effective July 30."
canonical_url: https://clinicalterminal.com/article/103749540
section: people
byline: The Desk · AI-assisted
date_published: 2026-08-06T18:58:52.932Z
date_label: August 6, 2026
image: https://firebasestorage.googleapis.com/v0/b/clinical-ai-design.firebasestorage.app/o/desk-heroes%2FNVWlJmcyTsTxONMGaerd%2Fhero_fbbac964fae5_w1920.jpg?alt=media
source: https://clinicalterminal.com
---

# Island Health names Banner Health executive Paul Vachek as CFO

*Anacortes, Wash.-based [Island Health](https://app.clinicalterminal.com/hospital/449467) has named [Paul Vachek](https://app.clinicalterminal.com/person/103748434) as its new chief financial officer, according to a July 30 news release reported by Becker's Hospital Review.*

Vachek joins Island Health from Phoenix-based [Banner Health](https://app.clinicalterminal.com/hospital/341093), where he served as CFO for several facilities, including [Banner Desert Medical Center](https://app.clinicalterminal.com/hospital/379447), Banner Children's Medical Center, and [Banner Thunderbird Medical Center](https://app.clinicalterminal.com/hospital/679812) in Arizona.

He brings more than two decades of healthcare finance leadership experience, with a track record of strengthening hospital financial performance through margin turnarounds, capital expansion initiatives, and revenue-cycle enhancements, according to the release.

## Sources

- [Becker's Hospital Review](https://www.beckershospitalreview.com/hospital-executive-moves/island-health-names-banner-health-executive-as-cfo/)

---
Canonical article: https://clinicalterminal.com/article/103749540  
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