Retired Investment Banker
Board Secretary and Treasurer
Charles "Charlie" G. Plimpton, MBA, retired from Wall Street in 2012, having worked at Citigroup, Merrill Lynch and a predecessor firm to UBS. His 31-year investment banking career was devoted exclusively to serving the non-profit segment of the health care industry. During this time span, he witnessed and participated in profound changes to the U.S. health care delivery system, including the introduction of DRGs, the evolution of managed care, national health care reform debate and enactment, provider diversification followed by consolidation, and the current wave of horizontal and vertical integration.
Plimpton was lead banker to a wide variety of exempt health care organizations including vertically integrated providers (Scripps Health and Sharp Healthcare, both in San Diego); academic medical centers (University of Colorado Hospital in Aurora); research institutes (Fred Hutchinson Cancer Research Center in Seattle); pediatric referral centers (Children's Hospital Los Angeles and Seattle Children's Hospital); multi-state hospital systems (Daughters of Charity Health System in Los Altos Hills, CA and Wheaton Franciscan Services in Milwaukee); and virtual provider organizations bound together through joint operating agreements (Exempla, Inc. in Denver). The types of engagements he managed included taxable and tax-exempt financings, merger and acquisition transactions, and comprehensive asset and liability management advisory and implementation services.
Plimpton received his BA from the University of Pennsylvania and his MBA from The Tuck School at Dartmouth. Upon his retirement, his wife Barbara and he returned to the Upper Connecticut River Valley and currently live in Cornish, NH. Very smitten with the Upper Valley, Plimpton and Barbara have both become involved in various local organizations, such as Opera North (Barbara is the incoming Board President and Plimpton is on the Finance Committee), Northern Stage (Plimpton recently joined the Finance Committee) and Tuck School of Business at Dartmouth (Plimpton is on Tuck Annual Giving Executive Committee).