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The basics:

• Christopher Tascione named Valley Health CFO
• Succeeds longtime, retiring finance leader William Klutkowski
• Brings leadership experience from AtlantiCare
• Will oversee finance, budgeting, revenue cycle

Valley Health System named a successor to its longtime senior vice president of finance and chief financial officer. 

Christopher Tascione will take the reins from William Klutkowski, the Paramus-based network announced April 15. Klutkowski will retire from the health system after more than 30 years. 

As CFO, Tascione will oversee all aspects of the Valley Health’s finances. That includes financial planning and analysis, accounting, budgeting, revenue cycle, internal audit and accounts payable.  

He will also serve as the chief financial advisor to the executive staff and board of trustees, Valley Health noted. 

A ‘bittersweet’ transition

Tascione joins Valley Health after more than a decade with AtlantiCare. At the Egg Harbor Township-based network, he most recently served as chief revenue officer and vice president of finance. 

In a LinkedIn post, Tascione said, “Bittersweet feels like the right word for this moment. I am incredibly grateful for my time at AtlantiCare, where I had the privilege of being part of an amazing team. … At the same time, I’m excited to begin a new chapter with Valley Health System as their CFO, and looking forward to new opportunities, continued growth, and the chance to contribute to another amazing team.” 

Prior to AtlantiCare, Tascione held finance leadership positions at JEVS Human Services and Cooper University Health Care. He was also a 2024 NJBIZ Leaders in Finance honoree.

Dr. Robert Brenner, president and CEO of Valley Health, welcomed Tascione to the team, saying, “Under his leadership, we look forward to continuing the System’s strong tradition of financial stewardship and strategic growth.” 

A Certified Public Accountant, Tascione earned an MBA from Rowan University and a bachelor’s in accounting from Villanova University in Pennsylvania. 

Fond farewell 

Brenner also thanked Klutkowski “for his outstanding leadership and steadfast dedication to our patients and their families, our trustees, physicians, staff, and the entire community.” 

Valley Health credited Klutkowski with helping to grow the network “into one of the most financially successful healthcare systems in the state, closing 2025 with a $1.6 billion revenue budget and more than $2 billion in net worth.” 

Among the many accomplishments during his tenure, Klutkowski was instrumental in the issuance and placement of more than $350 million in bonds through the New Jersey Health Care Facilities Financing Authority, Valley Health said. This enabled the system to finance the construction of $868 million Valley Hospital in Paramus. 

Some of Valley Health’s more recent investments include a new Valley-Mount Sinai Children’s Health practice in Wayne, as well as a new two-floor, 55,000-square-foot Montvale center. 

“We wish Bill all the best as he embarks on this next chapter,” Brenner added.