Sarah Soong has been named vice president and treasurer of Health Care Service Corporation (HCSC). Sarah’s responsibilities in this position include enterprise treasury operations, corporate finance, and banking relationships, corporate capital structure, investment management activities, and capital expenditures on internal initiatives. In potential joint ventures and affiliations, she also acts as a significant corporate treasury representative.
- Expertise: Sarah has more than two decades of capital structuring and treasury experience, managing assets to generate lasting value. Most recently, she served as vice president and treasurer for Xcel Energy Inc. In this role, Sarah was responsible for Xcel’s financial integrity, cash and liquidity management, hazard insurance, investment management for pensions and trusts, and debt compliance.
- Prior engagements: Prior to her role at Xcel, she served as vice president and treasurer for Oncor Electric Delivery, Texas’ largest regulated utility. Sarah also previously led financial and strategic transactions for energy industry leaders in more than a dozen countries.
- Experienced: “We are very pleased to have Sarah join HCSC, and we look forward to the contributions her wealth of experience will bring to the finance team,” said Jim Walsh, senior vice president and chief financial officer, HCSC. “We are confident her extensive background and expertise particularly in heavily regulated industries will benefit the company greatly as we execute our growth plans.”
- Qualifications: Sarah holds an MBA from the Wharton School, a master’s degree from the University of Pennsylvania, and a bachelor’s degree from William & Mary. She previously served on the boards of Greater Twin Cities United Way, the Dallas Committee on Foreign Relations, YWCA Dallas, and the United Way Dallas Tocqueville Society.
- Commitments: “I’m excited for the opportunity to make a positive impact in the lives of our stakeholders,” said Sarah. “It’s an honor to join Jim and the leadership team in focusing on making strategic investments that help everyone in our communities live healthier lives.”