
Ray McCarthy Returns to WNE as Vice President for Finance and Administration
WNE is proud to announce the appointment of Raymond (Ray) McCarthy, CPA, as vice president for finance and administration, effective July 7, 2025. A two-time Golden Bear with a BSBA in Accounting (1986) and an MBA in Healthcare (1998), McCarthy brings more than 30 years of financial leadership experience and a lifelong connection to the University.
McCarthy spent nearly three decades at Baystate Health, most recently serving as senior vice president, chief financial officer, and treasurer. There, he oversaw a $2.4 billion integrated health system and led financial operations for multiple hospitals, healthcare services, and insurance entities. His expertise spans strategic planning, capital financing, treasury and investments, and cost management.
McCarthy has also held leadership roles at Yale New Haven Health, CIGNA Healthcare, and KPMG. A former WNE trustee and chair of the Audit Committee, he has long been a trusted advisor to the University.
During his student years, McCarthy served as a resident advisor and captain of the men’s soccer team. He met his wife, Sarah ’88, on campus in 1986. They have lived in Longmeadow for 30 years and have two daughters.
“Returning to WNE feels like coming full circle,” McCarthy said. “I’m honored to help lead the University toward a financially sustainable and student-centered future.”