Xsolis Appoints Lee Rivas as New Chief Executive Officer
The healthcare technology company based in Franklin selects a new leader following the departure of its longtime CEO.
Updated on Oct. 27, 2026 in People
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Franklin-based healthcare firm Xsolis has officially appointed Lee Rivas as its new Chief Executive Officer. Rivas takes the helm as Joan Butters steps down from the role she held for 13 years.
Why it matters
This leadership transition marks a significant shift for Xsolis as it moves into a new chapter of growth. The appointment of an executive with substantial industry experience often signals a focus on scaling operations and refining corporate strategy.
Lee Rivas joins the company with a professional background that includes a 14-year tenure at RELX. His leadership follows a 13-year growth period for Xsolis led by outgoing CEO Joan Butters.
The players
Lee Rivas
The new Chief Executive Officer of Xsolis who previously held top leadership roles at Cloudmed and R1 RCM.
Joan Butters
The former Chief Executive Officer of Xsolis who led the company for 13 years starting in 2013.
The details
Lee Rivas brings extensive executive experience to the Franklin headquarters, having previously served as CEO of both Cloudmed and R1 RCM. A graduate of the United States Military Academy, Rivas also holds an MBA from Harvard Business School.
Timeline
Joan Butters began her leadership of Xsolis in 2013.
Lee Rivas was appointed as the new CEO of Xsolis on October 27, 2026.
Market Landscape
This executive appointment positions Xsolis to leverage new leadership expertise to maintain its competitive stance in the healthcare technology sector. The move mirrors a broader industry trend of recruiting seasoned executives to oversee the expansion of mid-market firms.
Customers of the Franklin-based firm can expect continuity in service as the company transitions to new leadership. Any changes to product roadmaps or client support strategies under Rivas will be communicated through official corporate channels.
The takeaway
Leadership transitions in specialized technology firms often serve as a catalyst for internal restructuring or market expansion. Stakeholders should monitor corporate announcements for updates on how the new administration plans to evolve the company's existing service model.
Further reading
For more on industry leadership trends, visit the People section.
More information
For official updates, visit the company website.
Source note: This article includes information reported by The Manila times.
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