Shaun Nugent serves as the Chief Financial Officer of Vireo Health. As CFO, Mr. Nugent works closely with CEO & Founder Kyle Kingsley, M.D., Vireo’s Board of Directors, and the entire Vireo team to help focus the company on profitable growth and operating efficiency.
Mr. Nugent is an accomplished finance executive with over 25 years of executive management who has a proven track record for delivering growth, profitability, and inspiring team high performance. He previously served as the CEO and CFO of several major private and public companies, including Sun Country Airlines, Life Time Fitness, AllOver Media, and Champps Entertainment.
Nugent’s financial leadership experience extends across multiple industries. In 2014, he was named ‘CFO of the Year’ by Twin Cities Business in recognition of his many accomplishments, which include doubling a media company’s revenue and enhancing EBITDA by 30%, scaling a national fitness firm’s revenues from less than $10M to over $200M with associated EBITDA in excess of $50M, and transforming a regional airline with one old aircraft into a profitable international commercial carrier with over $350M in annual revenue.
Mr. Nugent is a Certified Public Accountant (Inactive) and is an outdoor enthusiast. He has served on several non-profit Boards include Common Hope and the Twin Cities Film Festival. He lives with his wife, Christine and two of their children in suburban Minneapolis and travel often to visit their two adult sons who live in Chicago.