Ethema Hires Veteran CFO James M. Poage

Poage brings over 35 years of finance and accounting experience to the behavioral healthcare company.

Mar. 31, 2026 at 2:38am

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A studio photograph featuring a stack of financial documents, a calculator, and a pen arranged elegantly on a clean white background, conveying the abstract concepts of corporate finance and strategic business planning.A refined, minimalist still life captures the essence of Ethema's strategic financial restructuring under new CFO James M. Poage.Denver Today

Ethema Health Corporation, a behavioral healthcare company focused on substance use disorder treatment, has appointed James M. Poage as its new Chief Financial Officer. Poage is a seasoned finance executive with over three decades of experience in corporate accounting, SEC reporting, risk management, and business acquisitions.

Why it matters

Ethema has struggled with timely SEC filings and operational restructuring in the past, so Poage's expertise in these areas is expected to help the company improve its financial reporting and position it for future growth through acquisitions and capital raising.

The details

Poage will be responsible for overseeing Ethema's financial operations, including SEC compliance, cash flow management, budgeting, and the implementation of new revenue accounting systems and internal controls. He has advised numerous public and private companies across various industries, and his background in operational accounting, tax planning, and business valuation will be valuable as Ethema looks to restructure parts of its business and pursue new acquisitions.

  • Poage's appointment as CFO takes effect on March 30, 2026.

The players

James M. Poage

A Senior Financial Analyst based in Denver, Colorado with over 35 years of experience in corporate accounting, finance, internal audit, tax compliance, investment banking, risk management, and business acquisitions.

Ethema Health Corporation

A behavioral healthcare company that operates in the treatment of substance use disorders, with a focus on in-patient treatment for adults.

Shawn Leon

The CEO of Ethema Health Corporation.

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What they’re saying

“We are very fortunate to get Jim's expertise and assistance and welcome him to the Ethema team. Jim will be invaluable in assisting us with our SEC filings and more timely disclosure that we have struggled with in the past. He will also help us with a restructuring of some of our operations and making the path to new acquisitions and raising new capital much easier.”

— Shawn Leon, CEO, Ethema Health Corporation

What’s next

Poage will immediately begin working with Ethema's leadership team to improve the company's financial reporting and operations, with the goal of positioning Ethema for future growth through acquisitions and capital raising.

The takeaway

Ethema's hiring of the experienced finance executive James M. Poage as CFO signals the company's commitment to strengthening its financial management and operational efficiency, which should help it navigate the challenges it has faced in the past and pursue new opportunities in the behavioral healthcare space.