DAYTON, Ohio, Oct. 1, 2026 /PRNewswire/ — CareSource, a nationally recognized nonprofit managed care organization, has appointed Stephanie Williams as its new chief financial officer. She succeeds Larry Smart, who will be retiring after serving as the organization’s CFO for 6 years.

In her new role, Williams will lead CareSource’s financial strategy with a focus on long-term growth, operational performance and disciplined investment. Her leadership will support the financial functions that advance CareSource’s mission and strengthen its ability to support state partners and serve members in an evolving healthcare environment.

“Stephanie understands our business, our mission and the responsibility we have to the members who count on us,” said Erhardt Preitauer, president and CEO, CareSource. “Her steady leadership and financial discipline will help us stay focused on what matters most: keeping CareSource strong so we can continue to improve the health and well-being of our members.”

Williams joined CareSource in 2021 as senior vice president and chief actuary, bringing deep experience in financial planning, actuarial strategy and health plan operations. In that role, she led financial planning across CareSource’s 12 states and oversaw key Marketplace, Medicare and Medicaid rate strategy.

Rylan Austin will succeed Williams as senior vice president and chief actuary, ensuring continued leadership of CareSource’s actuarial strategy. Since joining CareSource in 2022, Austin has helped shape the organization’s Medicaid rate advocacy and risk strategy through his expertise in analytics, forecasting, contracting and regulatory analysis.

“CareSource has grown significantly since I joined, but what has remained constant is our commitment to the members and communities we serve,” said Stephanie Williams, chief financial officer. “My focus is on protecting the strong foundation we’ve built while thoughtfully investing in our plans, our people and our future.”

Before joining CareSource, Stephanie served as vice president, Medicaid actuarial services lead at Centene Corporation. Prior to that, she was vice president and Medicaid chief financial officer at WellCare Health Plans.

Williams is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries and a board member at United Church Homes.

About CareSource

CareSource is a nonprofit, nationally recognized managed care organization with over two million members. CareSource administers one of the largest Medicaid managed care plans in the U.S. The organization offers health insurance, including Medicaid, Health Insurance Marketplace and Medicare products. As a mission-driven organization, CareSource is transforming health care with innovative programs that address the social drivers of health, prevention and access to care. 

For more information, visit us at www.caresource.com, or follow us on X, formerly known as Twitter, LinkedIn or Facebook. 

Vicki McDonald
Director, Media Relations 
vicki.mcdonald@caresource.com
216.502.6395

View original content to download multimedia:https://www.prnewswire.com/news-releases/caresource-names-stephanie-williams-chief-financial-officer-302896534.html

SOURCE CareSource