Larry Wiemer II took over last month as executive director of the Wisconsin Health and Educational Facilities Authority after three decades working in key financial roles for healthcare providers and other not-for-profits.
The agency conducted a national search to
Wiemer joined WHEFA from Huron Consulting Group where he’d worked since April 2020 as a financial advisory director primarily assisting hospitals, systems, and post-acute providers. He previously held positions as chief financial officer at the Milwaukee Symphony Orchestra and chief investment officer for Marshfield Clinic Health System. Wiemer spent 14 years at Aurora Health Care in various roles including senior director in finance and operations and a director of treasury services.
“I am honored to serve as WHEFA’s next Executive Director and am eager to apply my experience from the borrower side to build upon the strong foundation and vibrant culture that is a hallmark of WHEFA," Wiemer said. "I welcome the opportunity to serve as an ambassador for WHEFA, promoting its services and fostering educating regarding how WHEFA serves as a valuable resource to nonprofit organizations throughout Wisconsin."
WHEFA also promoted Tatiana Graver, who has worked at the authority for 10 years, to the position of associate executive director from manager of finance.
Since 1979, the authority has completed more than 900 financings valued at more than $30 billion. During Reilly's tenure, he's worked on 670 deals worth $26.5 billion.
The legislature first established the authority in 1973 to serve non-profit healthcare borrowers. Over the years its powers were expanded to cover continuing care, education and community providers and to handle
In 2013, its charter was broadened to cover all 501(c)(3) organizations and in 2019 the statute was further expanded to allow an exemption on interest income from state income taxes on bond issues under $35 million.
A
