Tim serves as the Chief Executive Officer for The Stepping Stones Group. Joining the company June 2018, he brings a proven 25-year track record of leading and advising healthcare companies and organizations through growth and transformation. He is responsible for setting the company’s strategy and ensuring its services bring value to all stakeholders.
He most recently served as President and Chief Executive Officer of Beacon Health Options (Beacon) and its predecessor companies from 2007 through 2017. A small, founder-owned company upon his arrival, Tim and his leadership team developed and executed strategies that grew the company from $35 million to $2 billion in annual revenue in 2017, making Beacon the largest independent manager of behavioral health benefits in the United States.
Before joining Beacon, Tim served as the Secretary of Health and Human Services for the Commonwealth of Massachusetts under Governor Mitt Romney. In this capacity, he oversaw a $12 billion budget and approximately 22,000 employees who delivered programs and services through 15 state agencies to more than one million Massachusetts residents. His signature accomplishment during his tenure as Secretary was developing, passing, and implementing the landmark Massachusetts health care reform law in 2006. This reform law is credited with reigniting the national health care debate that resulted in the Affordable Care Act.
Preceding his service in the Romney Administration, Tim was a vice president in the investment banking division of JP Morgan.
In addition to his responsibilities at The Stepping Stones Group, Tim serves as Senior Advisor to Beacon Health Options’ Board of Directors and as a board member for Addiction Campuses, a substance use disorder residential treatment facility company, based in Nashville, TN.
He holds a bachelor’s degree from Merrimack College, where he served as a member of the college's Board of Trustees from 2007 – 2016, including service as chair. He holds a master’s degree in public policy from Harvard University Kennedy School of Government. He was awarded an honorary doctorate degree from Merrimack College in 2014 for his contributions to public service.
