Experienced Financial Executive Brings Strategic Expertise to Support Formula Wellness's Expansion in Holistic Health and Aesthetics
DALLAS, TX / ACCESSWIRE / November 5, 2024 / Formula Wellness, a leader in personalized wellness and aesthetics services, recognizes Christopher P. Crosby as Chief Financial Officer. Christopher joins the company with 17 years of comprehensive experience in finance, investment, and portfolio management. He will oversee the company's financial strategy while guiding Formula Wellness toward sustainable growth, patient expansion, and a technology-enhanced wellness platform.
With this strategic hire, Formula Wellness strengthened its executive leadership in line with its mission to provide advanced, patient-focused health and aesthetics services, emphasizing long-term wellness and transformative results.
Christopher's extensive career encompasses high-impact roles, starting with senior positions at Deloitte, where he spent nearly a decade specializing in Assurance and M&A Transaction Services for leading private equity and strategic clients. Following his tenure at Deloitte, Christopher joined ORIX USA as Director of Corporate Development, advancing a $10B+ balance sheet across a multitude of equity and debt strategies with heavy M&A, and later served as Director of Portfolio Value Creation and CFO within its private equity arm and flagship portfolio company respectively.
In more recent years, Christopher took on the role of Managing Partner and CFO at a local family office in DFW, which included a successful exit of a healthcare services portfolio company he ran alongside the CEO while operating the family office. Shortly thereafter, Christopher co-founded a Healthcare Private Equity Independent Sponsor firm in Lakewood Healthcare Capital that is focused on preventative healthcare, which led to his involvement in standing up the Formula Wellness portfolio company under Trive Capital in 2023. He remains on the board of directors for Lakewood and its portfolio company and has successfully transitioned to Formula Wellness in his full-time role as CFO.
"Joining Formula Wellness as CFO, and a strategic partner to Trive Capital in this endeavor, allows me the exciting opportunity to successfully scale a much-needed preventative healthcare consumer retail enterprise that has a unique opportunity to make a legitimate difference in our corner of healthcare," said Christopher. "My personal health has materially benefited from Formula Wellness's transformative impact firsthand as a patient consumer, which motivates me daily to scale our diagnostic-driven clinical offerings across the nation. I look forward to continuing efforts around expanding the platform and executing on our unique vision with oversight over partner investments, finance strategies, and driving value creation."
"Christopher's wealth of knowledge in financial strategy, M&A, and operational scalability is exactly what we need as we position ourselves for long-term growth and geographic expansion," said Michael Bennett, Chief Executive Officer of Formula Wellness. "His commitment to wellness on a personal level and deep professional experience align perfectly with our vision to set new benchmarks in the wellness and aesthetics industry."
Dr. Brian Rudman, Chief Medical Officer and Founder of Formula Wellness added, "Christopher has already made an impact, and now, as part of our executive team, his expertise will help us take our personalized healthcare and aesthetics platform to new heights. His financial expertise will be crucial in supporting our mission to provide the highest standard of care."
About Formula Wellness
Formula Wellness provides comprehensive, cutting-edge health and aesthetics services tailored to each patient's biology and goals, aiming to optimize patient health, appearance, and longevity. The company's core pillars of holistic wellness include nutrition, hormone balance, supplementation, and aesthetics, empowering individuals to pursue longevity from the inside out. Formula Wellness distinguishes itself with a clinical advisory board that ensures the highest standards of care, setting a new benchmark in preventive healthcare and aesthetics. For more information, visit Formula Wellness.
SOURCE: Formula Wellness
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