Former Banner Health CFO Dennis Dahlen has been named as the new financial chief for the Mayo Clinic, replacing the retiring Kedrick Adkins Jr.

“I’m thrilled to join Mayo Clinic, an organization with a 150-year legacy of providing expert care to each patient,” Dahlen said in a statement. “As the health care industry faces enormous challenges, I’m confident that Mayo’s capacity for discovery and innovation will provide an excellent platform for success.”

Dahlen holds a master’s degree in finance from Minnesota State University Moorhead and a bachelor’s degree in accounting from the University of North Dakota. He spent 11 years as senior vice president of finance and CFO at Phoenix-based Banner, as well as holding leadership positions at Lutheran Health System in Fargo, North Dakota.

Outside of those positions, Dahlen is currently serving a three-year term as a board member for the Healthcare Financial Management Association.

“We’re proud to welcome Dennis to Mayo,” said Jeff Bolton, vice president of administration at Mayo Clinic. “In addition to more than 30 years of health care experience, he is driven to achieve mission-advancing financial performance and is passionate about patient care. We look forward to the contributions he’ll make as part of our leadership team.”