Todd Thiede, CFO of Eatontown Company, Receives Honor from NJBiz

Posted on September 8, 2015 By

Todd Thiede, CPA, Hoboken, the chief financial officer (CFO) of Preferred Home Health Care & Nursing Services (PHHC), Eatontown, has been named one of New Jersey’s 2015 “Forty under 40” award winners by NJBiz, a New Jersey business news publication.

The “Forty under 40” awards program honors men and women under the age of 40 for their outstanding contributions to the state in their industry and community. The program also celebrates those who share a commitment to business growth, professional excellence, and the community.

As CFO of Preferred Home Health Care & Nursing Services, a company that provides a wide range of medical and non-medical home health care services from pediatric to geriatric care throughout New Jersey and Pennsylvania, Thiede is responsible for the entirety of corporate finance. He oversees the management of more than 150 corporate employees and more than 1,500 external nurses, among other duties.

Prior to joining PHHC, Thiede was vice president of financial planning and analysis for Goldman Sachs Inc., New York City, for five years.

Thiede’s long-term vision is to help transform Preferred from a regional provider to a national home health care powerhouse. He has been instrumental in helping steer Preferred’s growth into new markets that have diversified its revenue stream.

He was the architect behind Preferred’s largest acquisition, the Massachusetts-based Acelleron Medical Products. This acquisition expanded the company’s reach into New England and broadened its product line to include such durable medical equipment as pediatric nebulizers and breast pumps.

Thiede holds a B.S. in accounting from Rutgers University, New Brunswick. He is a member of the board of directors for Circle of Life, an organization that provides palliative and end-of-life care for children with life-limiting illnesses as well as support for families.  He is also a member of the board of directors of Home Care Association of N.J., a statewide organization that educates and advocates for home care providers, and the patients and families they serve throughout New Jersey.

The awards reception and ceremony is Monday, September 28, 2015, from 6:00 to 8:30 p.m. at The Palace, Somerset Park, 333 Davidson Avenue, Somerset, N.J. To view the complete list of honorees, please visit